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Sims feels pressure from lower device prices, cost inflation

Published: February 15, 2023
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Rendering of a graph showing down markets,

A Sims Lifecycle Services financial presentation attributes reduced resale prices to lockdowns in China and muffled consumer demand stemming from inflation. | antb/Shutterstock

Sims Lifecycle Services resold considerably more IT devices in the latter half of 2022, but softer demand resulted in lower selling prices and inflation took its toll on profits.   Continue Reading