Smartphone and pill market SellCell analyzed trade-in information acquired from greater than 40 buyback distributors to seek out out if the iPhone is nonetheless the perfect at retaining worth. And whereas iPhones are nonetheless the gold commonplace for holding worth, depreciating is hitting latest fashions tougher than fashions launched some years in the past.
On the identical time, every new Samsung Galaxy S collection mannequin is fairing higher than the earlier one.
iPhone 16 is depreciating 8 % sooner than the iPhone 15 and iPhone 14
The iPhone 16 collection misplaced extra worth than the iPhone 15 and iPhone 14 within the first two weeks. | Picture Credit score – SellCell
After 2 weeks of launch, the iPhone 16 collection depreciated 41 %, shedding $468 in worth. Over the same interval, the iPhone 15 and iPhone 14 had each misplaced roughly 33 % of their worth.
Each iPhone launched for the reason that iPhone 12 has retained much less of its worth than the mannequin earlier than it. The iPhone 15, as an example, had depreciated 48 % after a 12 months, a 0.5 % enhance over the iPhone 14.
Each iPhone launched after the iPhone 12 misplaced extra worth than the earlier one. | Picture Credit score – SellCell
The iPhone 13 had misplaced 46 % of its worth after 12 months, a rise of two.4 % when in comparison with the iPhone 12.
New Galaxy S collection fashions are holding extra of their worth than older variants. | Picture Credit score – SellCell
However, every successive Galaxy S mannequin is shedding worth extra slowly.
12 months post-release, the Galaxy S22 had misplaced a staggering 68 % of its worth. The Galaxy S23 held 5.6 % extra worth than its predecessor throughout a comparable interval.
For the reason that Galaxy S24 was launched in January, a full 12 months of information is not accessible on the cellphone, however its efficiency up to now has been spectacular. After six months available in the market, the Galaxy S22 had misplaced 54 % of its worth in 2022. The Galaxy S23 did marginally higher than its predecessor. In distinction, the Galaxy S24 is doing remarkably higher, shedding solely 50 % of its worth after six months.
Smartphones are inclined to recoup a few of their worth after preliminary depreciation, so it is potential that after the 12-month mark, the Galaxy S24 will retain extra worth than the Galaxy S23 did final 12 months.
So, despite the fact that iPhones nonetheless lose worth at a slower fee than Samsung’s Galaxy S telephones, the depreciation hole is shrinking and if the present development continues, the hole could ultimately flip.
Whereas the report would not speculate on the rationale behind this shifting sample, we now have a few theories. Whereas iPhones proceed to be among the greatest telephones available on the market, they’re turning into much less thrilling yearly. The previous few Samsung Galaxy S collection telephones, then again, did not depart quite a bit to be desired. Samsung additionally supplies longer assist now, which could possibly be one more reason why the long-held depreciation guidelines are altering.
A mean smartphone consumer retains their handset for practically three years, so except you improve your gadget all over the place, these numbers should not imply a lot to you.