Question

C.) Apple offers a buyback program for iPhones after they are 5 years old. They

offer to buy your phone for $100. Would this be a profitable decision to sell your
phone back to Apille after 5 years? Explain your reasoning. PLEASE HELP AND WRITE IT OUT PLS

Answer 1

Answer: It would not be profitable to sell it back for 100$.

Explanation:

It would not be profitable because you might have payed 300-1000$ (Depending what phone you buy) for your phone. It would only be profitable for the older generation of the phones like iPhone 5 and iPhone 6.