New and old iPhones are heavily discounted

At the end of the lunar year, the old iPhone market races to reduce prices quite sharply. For example, at FPT Shop system, iPhone 11 series is reduced by 3.8 million dong, the price is only 11.19 million dong; iPhone 12 64GB version reduced 4.5 million VND to 15.49 million VND; iPhone 13 series reduced to 9.5 million VND from 19.49 million VND.

At the CellphoneS system, iPhones of all kinds have even cheaper prices, such as iPhone 11 continues to decrease by 1 million VND to 10.9 million VND, iPhone 12 decreases by 2 million VND to 14.9 million VND, iPhone 13 decreases by 1, 4 million VND to 18.5 million VND.

Used iPhones race to reduce prices

A representative of Mobile Vietnam also said that the system is implementing many strong discount programs for iPhone phones, with a new discount of 2 million VND compared to the previous selling price. For example, iPhone 14 and iPhone 14 Plus are priced from VND 20.49 million and VND 22.49 million, respectively; iPhone 14 Pro is from 28.49 million VND; iPhone 14 Pro Max is from 31.79 million VND for 128gb board.

The iPhone 13 series is also being heavily discounted to stimulate market demand on this occasion. For example, iPhone 13 Pro Max 1TB VN/A decreased by more than 10 million VND compared to the time of launch, to 34.59 million VND; iPhone 13 VN/A 128GB and 256GB versions are now reduced to VND 17.99 million and VND 21.19 million, respectively.

Older iPhone models such as iPhone 11 Pro Max and iPhone 12 Pro Max are also reduced to only from 11.29 million VND and 17.29 million VND.

The reason for the continuous price reduction is explained by retail systems because the supply of previous iPhone models is still quite large, so promoting promotions and discounts to stimulate demand at the end of the year, when employees receive Tet bonuses or want to buy yourself a new phone after a year of hard work.

Not only the old iPhone has dropped sharply, and many new and used iPhones have also dropped very deeply, the supply is very large.

For example, at the FPT Shop system, the used iPhone SE 2022 64GB costs only from 7.5 million; iPhone 11 series from 10.65 million VND; iPhone 12 64GB from 14.4 million; iPhone 13 series from 12.54 million VND; iPhone 14 series is from 19.5 million VND.

As for the CellphoneS system, used iPhone 11 Pro Max 64 GB is reduced to 12.9 million VND, iPhone 12 64 GB version is 11.2 million VND, iPhone 12 Pro Max 256 GB is 19.9 million VND, iPhone 13 Pro 512GB 24 million dong. Older iPhone models such as: 256GB iPhone XS are now only 8.6 million VND, 128GB iPhone 13 mini is 12.3 million VND, 128GB iPhone 11 is 10 million VND, iPhone 12 Pro Max 128GB is 17 ,7 million dong.

Selling price of used iPhone plummeted

Also according to retail systems, the reason that used iPhones are dropping sharply is because many new iPhone models are constantly reducing prices. Many people come to life by selling old machines to buy new ones, leading to an abundance of old machines on the market, forcing retailers to reduce prices accordingly.