After the Fall: The Economics of Shattered iPhones

Things happen. Even if your brand new iPhone is all smashed up it still keeps 72% of its value. Heck, you can drop it in the toilet and it’s still worth a good chunk of change. There is little need to live in fear and smother your phone with protective measures. There is entire ecosystem that takes broken phones and makes them whole again, so prices of broken phones aren’t even that low. You don’t walk around with a bumper case around your head and that’s pretty valuable. If you’re phone breaks, you can just fix it. It will be okay.

Read more. [Image: Ryan Salerno]