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Ghosts from Apple’s past are coming back to haunt it. The market for refurbished phones is taking off, and sellers believe this is their moment to seize.
Environmental concerns, high prices, and uncertainty around the AI that companies are putting into their new devices are just some of the reasons customers are turning to used tech — and Apple should be scared.
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This week’s quote:
“All tech grads are having a tough time right now.”
— Alex Diaz, a computer science major who says he’s applied to hundreds of jobs and is still unemployed.
More of this week’s top reads:
- Wall Street is on a mission to make search sexy.
- Why Amazon is embracing YouTube instead of fighting it.
- Meet the standup comedians satirizing your boss on LinkedIn.
- Citi’s regulatory nightmare still haunts CEO Jane Fraser.
- A product manager shares the résumé that landed him a $180,000 Cisco job.
- Four steps a woman used to be on track to retire at 45.
- A 28-year-old VC partner shares her surefire ways to move up the ranks.
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America’s chipmaking push will continue no matter who gets elected.
The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Grace Lett, editor, in Chicago. Amanda Yen, fellow, in New York.
https://www.businessinsider.com/insider-today-inside-blackstones-growing-credit-juggernaut