This article was written by our expert who is surveying the industry and constantly updating the business plan for a smartphone shop.
Starting a smartphone shop requires careful financial planning and realistic expectations about when your business will become profitable.
Most smartphone shops reach their break-even point between 12 to 24 months after opening, depending on location, initial investment, and operational efficiency. However, this timeline can vary significantly based on factors like inventory management, revenue mix, and marketing effectiveness.
If you want to dig deeper and learn more, you can download our business plan for a smartphone shop. Also, before launching, get all the profit, revenue, and cost breakdowns you need for complete clarity with our smartphone shop financial forecast.
Breaking even for a smartphone shop typically takes 12 to 24 months, with initial investments ranging from $50,000 to $150,000 and monthly operating costs between $10,000 and $25,000.
The path to profitability depends heavily on balancing high-margin accessories and repair services against lower-margin device sales, while maintaining efficient inventory turnover and controlling fixed costs like rent and salaries.
| Financial Metric | Typical Range | Key Details |
|---|---|---|
| Initial Investment | $50,000 - $150,000 | Includes inventory ($30,000-$70,000), rent deposit, renovation, equipment, and licenses |
| Monthly Operating Costs | $10,000 - $25,000 | Covers rent ($2,000-$8,000), salaries ($4,000-$10,000), utilities ($500-$1,500), and insurance |
| Gross Margin - Devices | 5% - 10% | Low margins on new smartphones, higher on refurbished units (21%-50%) |
| Gross Margin - Accessories | 30% - 60% | Cases, chargers, and screen protectors offer significantly better profitability |
| Gross Margin - Repairs | 60% - 90% | Screen replacements and battery swaps typically cost $30-$50 in parts, sell for $100-$150 |
| Average Monthly Sales (First Year) | 30 - 80 devices | Plus accessories and repair services; varies significantly by location and marketing |
| Break-Even Timeline | 12 - 24 months | Can be accelerated with strong service mix, efficient operations, and prime location |
What is the typical initial investment required to open a smartphone shop, including rent, renovation, inventory, and licenses?
Opening a smartphone shop requires an initial investment between $50,000 and $150,000, depending on your location, store size, and business model.
The largest expense category is inventory, which accounts for $30,000 to $70,000 of your startup budget. This includes stocking popular smartphone models from major brands like Apple, Samsung, and Google, along with a diverse range of accessories such as cases, chargers, screen protectors, and headphones. The exact amount depends on whether you focus on new devices, refurbished phones, or a combination of both.
Leasing retail space typically requires a security deposit equivalent to one or two months' rent plus the first month upfront. Monthly rent ranges from $2,000 to $8,000 depending on location—urban high-traffic areas command premium prices ($6,000-$8,000), while suburban locations cost significantly less ($2,000-$4,000). For a standard 800-1,200 square foot retail space, you should budget $6,000 to $16,000 for initial lease payments.
Renovation and store setup costs range from $10,000 to $30,000. This covers interior design, lighting, display shelving, security systems, and creating an inviting customer environment. You'll need specialized display units for showcasing devices ($2,000-$10,000), secure storage for inventory ($1,000-$5,000), and a professional point-of-sale system ($1,200-$3,000 for hardware and software).
Business licenses, permits, and legal fees typically cost $500 to $2,000. This includes your basic business license ($15-$300 annually), sales tax permit, and any local permits required for your jurisdiction. Insurance costs for a smartphone shop run between $1,000 and $3,000 annually for general liability and property coverage.
What is the average monthly operating cost for a smartphone shop, including staff salaries, rent, utilities, and insurance?
The average smartphone shop faces monthly operating costs between $10,000 and $25,000, with staffing and rent representing the two largest expense categories.
Employee salaries typically consume 15-30% of total operating expenses, translating to $4,000-$10,000 monthly for a small to medium-sized shop. For a store open 70-80 hours per week, you'll need at least two full-time employees plus part-time coverage, with hourly wages ranging from $12 to $20 depending on location and experience. Shops offering repair services need skilled technicians who command higher salaries, potentially doubling staffing costs to $8,000-$20,000 monthly.
Rent remains your second-largest fixed cost at $2,000-$8,000 per month. Prime retail locations in shopping malls or busy urban centers charge $50-$70 per square foot annually, while suburban standalone locations may cost $15-$30 per square foot. A 1,000 square foot space in a moderate-traffic area typically runs $2,500-$4,000 monthly.
Utilities including electricity, water, and internet service average $500-$1,500 monthly. Electricity costs are particularly significant for smartphone shops due to multiple charging stations for customer use, display lighting, and repair equipment. Business-grade internet service costs $50-$200 monthly depending on speed and bandwidth requirements.
Marketing and advertising expenses should represent 5-10% of your budget, or approximately $1,000-$3,000 monthly during your first year. This covers digital advertising, local promotions, social media marketing, and customer acquisition efforts. Insurance premiums when broken down monthly cost $100-$250, covering general liability, property insurance, and inventory protection.
You'll find detailed market insights in our smartphone shop business plan, updated every quarter.
What is the expected gross margin on smartphone sales and accessories in today's market?
Gross margins vary dramatically across product categories in a smartphone shop, ranging from just 5-10% on new device sales to 30-60% on accessories and 60-90% on repair services.
| Product Category | Typical Gross Margin | Details and Considerations |
|---|---|---|
| New Smartphones | 5% - 10% | Highly competitive with online retailers; margins are thin. Premium flagships may offer slightly better margins than budget devices. Carrier partnerships and commissions ($20-$50 per activation) can supplement device margins |
| Refurbished Phones | 21% - 50% | Significantly better margins than new devices. Average profit of $60-$120 per phone depending on model. High-end refurbished iPhones can yield $100-$400 profit per unit |
| Phone Accessories | 30% - 60% | Cases, chargers, screen protectors, and headphones are major profit drivers. Some accessories reach 50-80% margins. Essential for profitability as they balance low device margins |
| Repair Services | 60% - 90% | Screen replacements cost $30-$50 in parts, sell for $100-$150 (gross profit $70-$120). Battery replacements similarly profitable. Highest margin category in smartphone retail |
| Service Contracts | 40% - 70% | Monthly protection plans and extended warranties offer recurring revenue. Lower customer acquisition cost for existing customers compared to new device sales |
| Used/Trade-In Phones | 15% - 35% | Buy phones from customers, refurbish if needed, resell at profit. Condition and model significantly impact margins. Requires careful grading and pricing skills |
| Overall Shop Average | 25% - 40% | Blended margin depends on revenue mix. Shops focusing heavily on new device sales average 25-30%; those emphasizing repairs and accessories achieve 35-40% |
How many units does a new smartphone shop typically sell per month during the first year of operation?
A new smartphone shop typically sells 30 to 80 devices per month during its first year, with significant variation based on location, marketing effectiveness, and competitive positioning.
Shops in high-traffic urban locations or shopping malls generally achieve 60-100 device sales monthly, while suburban standalone stores average 30-50 units. The first 3-4 months typically see lower volumes (20-40 devices) as the business builds awareness and establishes its customer base. Sales typically increase to 40-80 units monthly by months 6-12 as word-of-mouth grows and marketing efforts gain traction.
Location dramatically impacts sales volume—a store in a busy downtown area with high foot traffic can see 5-7 walk-in customers daily, while a suburban location may average 2-3. Conversion rates typically range from 15-25% for walk-ins, meaning you need approximately 200-400 monthly visitors to generate 50 device sales.
Revenue per device sale varies considerably by product mix. If your average device sells for $500 (combining flagship phones at $800-$1,200 with budget models at $200-$400), 50 monthly device sales generate $25,000 in device revenue alone. However, smart shops don't rely solely on device sales—they bundle accessories (adding $30-$100 per transaction) and offer repair services to boost overall revenue to $35,000-$50,000 monthly.
First-year sales progression typically follows this pattern: Months 1-3 average 25-35 devices monthly, months 4-6 reach 35-50 devices, months 7-9 achieve 45-65 devices, and months 10-12 stabilize at 50-80 devices per month as the business matures and repeat customers emerge.
What percentage of revenue usually comes from smartphone sales versus accessories, repairs, and service contracts?
In a well-balanced smartphone shop, device sales typically account for 50-60% of revenue, while accessories contribute 15-25%, repair services 15-20%, and service contracts/activations 5-10%.
However, the most successful and profitable shops intentionally shift this mix to maximize margins. While new smartphones may represent 50-55% of revenue, their low margins (5-10%) mean they contribute only 15-20% of gross profit. Conversely, accessories at 20% of revenue with 40-50% margins contribute 30-35% of gross profit, and repairs at 15-18% of revenue with 70-85% margins deliver 35-40% of gross profit.
A breakdown of a typical $40,000 monthly revenue shop shows: Device sales generate $22,000 (55%) with $1,800 gross profit (8% margin), accessories generate $8,000 (20%) with $3,600 gross profit (45% margin), repair services generate $7,000 (17.5%) with $5,250 gross profit (75% margin), and service contracts/activations generate $3,000 (7.5%) with $1,800 gross profit (60% margin). This totals $12,450 in monthly gross profit, representing a 31% overall gross margin.
Shops heavily dependent on new device sales (70-75% of revenue) struggle with overall gross margins below 20%, making profitability difficult. Strategic shops actively promote accessories at point-of-sale, market repair services aggressively, and develop recurring revenue through protection plans to achieve healthier 35-40% gross margins.
The revenue mix also varies seasonally—device sales spike during Q4 holiday season (November-December) to potentially 65-70% of revenue, while repair services increase during summer months when people are more active and accidents happen more frequently. Understanding and managing this mix is critical to maintaining consistent profitability throughout the year.
What are the average marketing and customer acquisition costs for a smartphone shop in its first year?
First-year marketing and customer acquisition costs for a smartphone shop typically range from $12,000 to $36,000 annually, or $1,000 to $3,000 per month, representing approximately 5-10% of projected revenue.
Digital marketing forms the foundation of customer acquisition efforts, consuming $400-$1,200 monthly. Google Ads campaigns targeting local smartphone searches cost $300-$800 monthly for competitive keywords like "smartphone repair near me" or "buy iPhone [city name]." Social media advertising on Facebook and Instagram typically requires $200-$500 monthly to reach local audiences with promotions, new arrival announcements, and special offers. A professional website with online booking capabilities and SEO optimization costs $2,000-$5,000 initially, plus $50-$150 monthly for hosting and maintenance.
Local marketing initiatives cost $300-$800 monthly and include printed flyers and mailers to nearby residential areas, partnerships with local businesses for cross-promotion, and participation in community events. Grand opening promotions typically require a one-time investment of $2,000-$5,000 for special discounts, giveaways, and intensive advertising to generate initial foot traffic.
Customer acquisition cost per new customer typically ranges from $15 to $40 in the smartphone retail industry. If your first-year goal is acquiring 500 new customers (approximately 40-45 per month), expect to invest $7,500-$20,000 in direct customer acquisition. Additional marketing expenses support brand awareness and repeat business rather than immediate acquisition.
Successful shops allocate marketing budgets strategically: 40-50% to digital advertising (Google Ads, social media, SEO), 25-30% to local marketing and partnerships, 15-20% to promotional materials and in-store displays, and 10-15% to customer retention programs (email marketing, loyalty rewards). This balanced approach builds both immediate sales and long-term customer relationships essential for sustainable profitability.
How quickly does inventory typically turn over in a smartphone shop?
Smartphone shops experience inventory turnover rates of 4 to 8 times annually, meaning complete inventory replacement every 1.5 to 3 months, though this varies significantly by product category.
Flagship smartphones from Apple and Samsung turn over fastest—every 30-45 days—because of high demand and rapid technology cycles. Budget and mid-range devices ($200-$500) turn over every 45-60 days, while accessories turnover every 20-40 days due to their consumable nature and impulse purchase patterns. Refurbished and used phones may turn over more slowly at 60-90 days depending on condition and pricing strategy.
Efficient inventory management is critical for smartphone shops because devices depreciate rapidly—new models can lose 15-25% of their value within 3-6 months of release. This makes inventory velocity more important than in many other retail categories. A shop carrying $50,000 in inventory with 6 annual turns generates $300,000 in cost-of-goods-sold annually, supporting approximately $450,000-$500,000 in total revenue given the margin structure.
Slow-moving inventory poses significant risks in the smartphone market. Phones older than 6 months become increasingly difficult to sell at profitable prices as newer models launch and consumer interest shifts. Smart shops implement these inventory strategies: stock only 1-2 units of flagship models rather than building large inventory (reorder weekly based on demand), maintain deeper stock of proven mid-range bestsellers, order accessories in smaller quantities but more frequently, and use vendor relationships to enable rapid restocking (24-48 hour delivery) rather than holding excess inventory.
Inventory turnover directly impacts cash flow and profitability. Faster turnover (7-8 times annually) means less capital tied up in depreciating stock, reduced risk of obsolescence, more frequent opportunities to adjust pricing and product mix, and better cash flow to cover operating expenses. Shops with slow turnover (3-4 times annually) face cash flow challenges, markdowns on aging inventory, and difficulty responding to market trends.
This is one of the strategies explained in our smartphone shop business plan.
What are the common financing options available for opening a smartphone shop, and how do they affect the payback timeline?
Entrepreneurs opening smartphone shops typically access financing through small business loans, equipment financing, personal savings, credit cards, or investor partnerships, each significantly impacting the break-even timeline.
| Financing Option | Typical Terms | Impact on Break-Even Timeline |
|---|---|---|
| Small Business Loans (SBA) | $50,000-$500,000 at 6-9% interest over 5-10 years | Monthly payments of $500-$2,000 extend break-even by 3-6 months compared to self-funding. However, preserves working capital for inventory and operations. Requires strong credit (680+ score) and detailed business plan |
| Equipment Financing | $10,000-$50,000 at 8-12% interest over 3-5 years | Finances POS systems, repair equipment, display fixtures. Monthly payments $200-$1,000. Equipment serves as collateral, making approval easier. Minimal impact on break-even since these are necessary purchases |
| Personal Savings/Bootstrapping | $50,000-$150,000 with no interest or payments | Fastest path to break-even with no debt service. However, limited capital may restrict inventory selection or force smaller store size. Recommended to contribute 20-30% of startup costs personally regardless of other financing |
| Business Credit Cards | $10,000-$50,000 at 16-24% APR | Useful for short-term working capital and initial inventory purchases. High interest rates can extend break-even by 6-12 months if not paid quickly. Best used strategically for specific purchases, not primary funding source |
| Vendor Financing | Net-30 to Net-90 terms on inventory | Allows purchasing inventory without immediate cash outlay. Can reduce initial capital requirements by $15,000-$30,000. Accelerates break-even by improving cash flow in early months. Requires established vendor relationships |
| Angel Investors/Partners | $50,000-$200,000 for 20-40% equity | No debt service improves monthly cash flow. Partner expertise can accelerate profitability by 3-6 months. However, sharing profits long-term reduces owner returns. Best for entrepreneurs lacking business experience |
| Franchise Financing | $100,000-$300,000 for established franchise | Higher initial investment but proven systems and brand recognition can reduce break-even to 10-15 months versus 18-24 months for independent shops. Includes training and marketing support |
What are the typical seasonal fluctuations in smartphone sales, and how do they affect cash flow?
Smartphone shops experience significant seasonal fluctuations, with Q4 (October-December) generating 35-40% of annual device sales, while Q2 (April-June) represents the slowest period at just 18-22% of annual sales.
The holiday shopping season from November through December drives the most dramatic sales spike—monthly device sales can increase 150-200% compared to slow months like February or May. November and December each typically generate 12-15% of annual revenue, compared to just 6-8% in slower months. This seasonality creates both opportunities and cash flow challenges that smart shop owners must anticipate and manage.
Q4 holiday season (October-December) represents peak demand driven by Black Friday and Cyber Monday promotions, holiday gift purchases, and new iPhone releases (typically September-October). Sales increase 40-60% above baseline, requiring increased inventory investment of $15,000-$30,000 to stock popular models and accessories. This period demands higher staffing levels with seasonal employees costing an additional $2,000-$4,000 monthly.
Q1 (January-March) sees post-holiday decline with sales dropping 25-35% below average in January-February as consumers recover from holiday spending. However, tax refund season in March provides a moderate boost. This period is ideal for promoting repair services and accessories rather than new devices. Cash flow from strong Q4 sales helps cover slower Q1 months.
Q2 (April-June) represents the slowest sales period with device sales 30-40% below peak months. Consumers delay purchases anticipating new model releases in fall. This period requires careful expense management—reduce inventory levels by 20-30%, shift marketing focus to repair services and trade-in programs, and control discretionary spending. Many shops struggle with cash flow during Q2 without proper planning.
Q3 (July-September) begins recovery with back-to-school shopping in August and September providing a 20-30% sales increase. New iPhone and Samsung flagship announcements create anticipation and trade-in activity. Prepare inventory for Q4 by establishing vendor relationships and securing credit lines for upcoming peak season purchasing.
Effective cash flow management strategies include maintaining a cash reserve of 3-4 months operating expenses ($30,000-$100,000) to cover slow periods, negotiating flexible vendor payment terms (Net-60 or Net-90) during peak inventory periods, using seasonal employees rather than year-round staff to control labor costs, and implementing aggressive promotions during slow months to maintain baseline revenue. These practices help smooth the dramatic seasonal fluctuations inherent in smartphone retail.
What is the average timeline for smartphone shops in similar locations to reach break-even point?
Smartphone shops typically reach break-even between 12 and 24 months after opening, with location quality, business model, and operational efficiency being the primary determinants of timeline.
High-traffic urban locations with established foot traffic patterns break even fastest—typically 10-15 months—due to immediate customer access and higher sales volumes. These locations benefit from 60-100 monthly device sales plus robust accessory and repair revenue, generating $45,000-$70,000 in monthly revenue within the first year. However, higher rent ($6,000-$8,000 monthly) partially offsets the advantage.
Suburban shopping centers and strip malls represent moderate scenarios with break-even at 14-20 months. These locations require more intensive marketing to build awareness but offer more reasonable rent ($3,000-$5,000 monthly). Monthly sales typically reach 40-70 devices with total revenue of $30,000-$50,000 by month 12. Success depends heavily on local competition and demographic match.
Standalone locations or lower-traffic areas face longer timelines of 18-24 months to break even. Lower rent ($2,000-$3,500 monthly) helps, but building customer awareness and traffic requires significant time and marketing investment. These shops often need to emphasize online sales channels, aggressive local marketing, and community relationships to overcome location disadvantages.
Business model significantly impacts break-even speed. Shops emphasizing high-margin services break even 3-6 months faster than those focused primarily on new device sales. A shop generating 30% of revenue from repairs and 25% from accessories reaches break-even approximately 15 months, while a shop generating 70% from new device sales may require 20-22 months due to margin constraints.
Operational efficiency also accelerates break-even. Shops maintaining inventory turnover of 7-8 times annually and gross margins above 32% typically break even 4-6 months faster than shops with turnover of 4-5 times and margins below 25%. Effective cost control, particularly limiting rent to 15-20% of revenue and total payroll to 20-25%, directly shortens the timeline to profitability.
We cover this exact topic in the smartphone shop business plan.
What are the most significant risks that could delay break-even for a smartphone shop?
Several critical risks can extend your break-even timeline by 6-12 months or more, with inventory management challenges, competitive pressure, and cash flow constraints being the most dangerous.
- Inventory obsolescence and depreciation: Smartphones depreciate 15-25% within 3-6 months of new model releases. Shops holding excess inventory of older models face forced markdowns that eliminate profitability. A $40,000 inventory investment that depreciates 20% represents an $8,000 loss—equivalent to 2-3 months of profit for a small shop. This risk is amplified when manufacturers release unexpected new models or significantly discount previous generations.
- Intense online competition and price erosion: Online retailers like Amazon, Best Buy, and carrier websites offer identical phones at razor-thin margins, often undercutting physical stores by 5-15%. Customers frequently use physical stores for browsing and education, then purchase online for lower prices. This "showrooming" behavior reduces conversion rates and forces shops to compete on service and experience rather than price, extending the time to reach sufficient sales volumes.
- Insufficient working capital and cash flow: Many smartphone shops underestimate working capital needs, budgeting only for initial inventory without accounting for ongoing replenishment. A shop generating $40,000 monthly revenue needs $50,000-$80,000 in working capital to maintain proper inventory levels, cover operating expenses during slow months, and bridge timing gaps between sales and vendor payments. Running out of cash forces reduced inventory selection, harming sales potential.
- Location and foot traffic misjudgment: Overestimating foot traffic by just 30-40% can extend break-even by 8-12 months. A location projected to generate 300 monthly visitors may only produce 180-200, cutting potential sales proportionally. High-rent locations that don't deliver expected traffic create a double problem—excessive fixed costs without corresponding revenue. Thorough traffic studies and competitive analysis are essential before signing leases.
- Inadequate technical expertise for repairs: Shops promoting repair services without properly trained technicians face customer dissatisfaction, negative reviews, and potential liability for damaged devices. Failed repairs can cost $200-$500 per incident in replacement costs, quickly eroding profitability. Additionally, slow or low-quality repairs harm reputation and eliminate this high-margin revenue stream.
- Vendor relationship and supply chain issues: Poor vendor relationships lead to unfavorable payment terms (immediate payment versus Net-30 or Net-60), limited access to popular models during high-demand periods, and difficulty securing competitive wholesale pricing. Shops paying 5-10% more for inventory than competitors lose critical margin points that extend break-even significantly.
- Regulatory and warranty complications: Improper handling of customer data, trade-ins, or repairs can result in legal issues and regulatory fines. Additionally, warranty claims and customer disputes about defective devices or failed repairs create unexpected costs averaging $500-$2,000 per month for typical shops, directly impacting profitability.
What strategies have proven most effective in accelerating profitability for new smartphone shops?
The most successful smartphone shops accelerate their path to profitability by diversifying revenue streams, optimizing inventory management, and building strong local market presence rather than competing solely on device prices.
Emphasize high-margin accessories and services aggressively. Train staff to recommend accessories (cases, screen protectors, chargers) with every device sale, targeting attachment rates of 80-100%—meaning nearly every customer who purchases a phone also buys at least one accessory. Position screen protectors and cases as "device insurance" to increase conversion. Develop robust repair service capabilities offering screen replacements, battery swaps, and common fixes. A shop generating 25-30% of revenue from repairs and accessories typically reaches break-even 4-6 months faster than shops focused primarily on device sales.
Implement strategic inventory management focusing on velocity rather than variety. Stock only 1-2 units of flagship devices ($800+) and reorder weekly based on actual sales rather than building large inventory. Concentrate capital on proven mid-range sellers ($300-$600) where margins are better and depreciation risk is lower. Use vendor financing and favorable payment terms (Net-60 to Net-90) to reduce cash tied up in inventory. This approach can reduce initial inventory requirements by $15,000-$25,000 while improving turnover from 5 times annually to 7-8 times.
Create recurring revenue streams through protection plans, monthly service contracts, and trade-in programs. Offer device protection plans ($8-$15 monthly) that provide ongoing revenue with minimal additional cost. Develop trade-in programs that bring customers back regularly and provide inventory for refurbished sales. These recurring revenues create predictable cash flow that helps weather seasonal fluctuations and accelerates break-even by providing baseline monthly income of $2,000-$5,000.
Build strong local market presence through targeted marketing rather than trying to compete with national chains on price. Partner with local businesses for cross-promotion and referral relationships. Develop expertise in specific niches like gaming phones, senior-friendly devices, or business solutions that larger retailers don't emphasize. Invest heavily in Google My Business optimization and local SEO to capture "near me" searches, which represent 30-40% of smartphone-related queries and have high conversion rates.
Leverage technology for operational efficiency using modern POS systems with integrated inventory management, customer relationship management, and repair tracking. These systems cost $2,000-$4,000 initially but save 5-10 hours weekly in administrative work and reduce inventory errors that cost $1,000-$3,000 annually in shrinkage and stock-outs. Implement customer data capture to enable email marketing and retention campaigns that cost $50-$150 monthly but generate 15-25% of sales from repeat customers.
It's a key part of what we outline in the smartphone shop business plan.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are encouraged to consult with a qualified professional before making any investment decisions. We accept no liability for any actions taken based on the information provided.
Reaching break-even for your smartphone shop takes careful planning, disciplined execution, and realistic expectations about timeline and challenges.
Most shops achieve profitability within 12-24 months by balancing low-margin device sales with high-margin accessories and services, maintaining efficient inventory turnover, and controlling fixed costs while building a loyal customer base through exceptional service and local market expertise.
Sources
- CellSmart POS - Cell Phone Repair Business Startup Costs
- Business Plan Templates - Cell Phone Store Startup Costs
- FinModelsLab - Cell Phone Store Startup Costs
- Dojo Business - Smartphone Shop Startup Costs
- CellStore - Top Business Expenses for Cell Phone Stores
- Business Plan Templates - Cell Phone Store Operating Costs
- POS Nation - Are Cell Phone Stores Profitable
- Dojo Business - Smartphone Shop Profitability
- Flipsy - Phone Profit Margins
- Accio - Global Smartphone Sales Trends 2025