Apple iPhone buybacks could crush Outerwall’s ecoATM

By | September 25, 2015

Scalper1 News

Apple’s (AAPL) iPhone Upgrade Program and similar smartphone trade-in programs from wireless carriers are poised to put the hurt on Outerwall’s (OUTR) struggling ecoATM venture. The ecoATM business uses automated self-service kiosks to buy back old phones, tablets and MP3 players for cash. It then resells the used devices. But the trade-in programs from Apple and its carrier partners are likely to greatly reduce the supply of used iPhones Scalper1 News

Scalper1 News