ElectronicsSales of refurbished models more than double after Apple's price hikesJapan is seeing particularly high sales of used older iPhones like the SE. (Source photos by Reuters)AKINOBU IWASAWAAugust 15, 2026 03:30 JSTTOKYO -- Japanese consumers and businesses are turning more to used smartphones and IT equipment as memory shortages and the weak yen drive up prices, with refurbished iPhone sales more than doubling after Apple announced price hikes in July.