Traditionally, among the best attributes iPhones have loved is the next resale worth than Android telephones. Nonetheless, though Apple units preserve a comparatively low depreciation charge even in 2024, market tendencies seem like shifting.
A brand new examine by SellCell reveals that, over the previous few years, Apple’s flagship telephones misplaced worth quicker than ever. And so they proceed to depreciate at a quicker charge with each launch.
Conversely, Samsung Galaxy telephones have depreciated extra slowly. iPhones preserve the lead on this comparability, however it’s no coincidence that Galaxy telephones are gaining floor whereas iPhones are doing worse yearly.
Individuals are beginning to put extra worth on Galaxy
This new information reveals that iPhones have been depreciating quicker with each new era.
Whereas the iPhone 11 had a depreciation charge of 43.8% after 12 months available on the market, the iPhone 15 sequence misplaced 48.2% of its worth one yr after launch.
Comparatively, the Galaxy S22 sequence depreciated 66.7% after 12 months, and the sequel massively improved that determine. In a single yr, the Galaxy S23 depreciated 61.1%.
In the meantime, six months after its launch, the Galaxy S24 is seeing solely a 50.4% depreciation, which implies its worth is 3.7% larger than the S23’s was when it was six months previous.
Apple continues to be main this race, however the long-term worth hole between iPhones and Galaxy flagship telephones is narrowing quick, and if the development continues, Apple is likely to be in hassle.
The story continues after the video
Over the previous couple of years, Samsung has performed many issues to enhance the long-term worth of its Galaxy flagship telephones, from rising sturdiness and adopting long-lasting designs with stronger frames to using extra consumer-friendly firmware replace insurance policies.
The most recent Galaxy flagship telephones will take pleasure in help for seven main OS upgrades, which could possibly be one other issue to drive up the long-term worth of Samsung units.
The Galaxy S24 FE is the primary Fan Version gadget to learn from this coverage. And even low-cost telephones, such because the Galaxy A16, are actually getting higher help, with Samsung promising six years of updates.
