Where do "new in box" iPhones on Swappa/eBay come from?

[mpavilion]

I don't want to assume the worst... but how do so many people come into "legitimate" possession of unopened iPhones? Who would buy a new phone just to turn around and sell it at a significant loss?

 

[44267547]

It depends on what they paid for the device
In the first place and what the buyer is willing to pay for the device.

 

[mpavilion]

It depends on what they paid for the device
In the first place and what the buyer is willing to pay for the device.

But new iPhones are rarely discounted...

 

[44267547]

But new iPhones are rarely discounted...

True. Which makes me wonder how they obtain them in the first pace.

 

[sekazi]

Could be a retailer selling online.