Companies like Samsung, Apple etc offer huge discounts in the form of exchange offers. I am curious to know what they do with the old models/products.
Specially in field of computers, it is a way of doing good business, for selling new software, which cannot work on old hardware.
Hi Sandeep,
they sell it to recycling companies. As the manufacturers have to take the product back anyway (at least in the European Community), they propably make the most of it. A quick internet search revealed that 1 kg of cel phone circuit boards is worth 16 €, 1 kg of cell phones (w/o battery) 7.50 €. So this is how they get rid of it.
On the plus side they have additionally something to prevent people from changing the brand. And in the end the size of the discount gives you an idea of the profits they make (because no matter how big the discount might be, there sure still is profit).
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