With the launch of the iPhone 5 eBay predicts an increase in sales of older models of iPhone

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The online sales portal reported a similar trend last year when the iPhone went 4 for sale

With the imminent arrival of the new iPhone 5, eBay predicted a rise of around 70% in sales of older models of this smartphone like the iPhone 4. The online sales portal reported a similar trend last year when the iPhone went 4 for sale: prices down and increased the availability of previous models.

Since 2008, eBay bought in Spain more than 50,000 iPhones among which the iPhone 3G from which they sold over 5,000 units in the last week of January 2010.

eBay expects the launch of the iPhone 5 stimulates the growth of total sales of smartphones, not just the new model.According to Ana Diaz, communications director for eBay Spain, sales of existing iPhone 4 will grow as they are approaching the Christmas holidays: "Buyers looking for a good discount over the current model. At last Christmas, for example, sales of the iPhone 3G in eBay Spain doubled sales of the new iPhone model 4 ".

While a growing number of consumers own a Smartphone, eBay continues to experience a significant increase in sales through its mobile platform.Every 3 minutes you make a purchase through eBay Spain mobile. Globally, eBay mobile application got 30 million downloads in 2010, generating a return of 1.3 billion euros, as calculated by the portal, will double in 2011.

About eBay

Founded in 1995, eBay Inc. connects hundreds of millions of users around the world every day, allowing them to explore new opportunities and innovate together.eBay Inc. does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay Inc. has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, StubHub, Shopping.com and others. eBay Inc. is headquartered in San Jose, California.

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