Bulk buyers are paying above retail for the iPhone 16, for four reasons

In most cases, you’d expect a shiny new Apple device to be worth less than you paid as soon as you walk out of the store, at least once you’re past the 14-day return period. You’d also expect companies buying in bulk to pay significantly less than retail.

But one of the biggest resellers in the business tells us that neither of these things is true, and that it is currently selling bulk lots of the iPhone 16 for above retail …

more…

Source: 9to5Mac