iPhones still hold the price of all phones on the market for the longest time, which is why they are a lucrative product even when purchased from the second year. However, statistics show that, the newer the generation iPhone, the faster it loses value. According to statistics, the iPhone 12 series dropped in value by 43.8 percent over the year, while the iPhone 13 reported a drop of 46.2 percent. For the iPhone 14 it was a loss of 47.7% in the same time interval, for the iPhone 15 it was even 48.2 percent. And it should be mentioned that the newer the iPhone generation, the cheaper it is. On the contrary.
Average decline in value for iPhones after one year of introduction
With Android phones, the value of the phones after prolonged use often does not they weren’t worth talking about. Nevertheless, an interesting trend can already be seen in the statistics, specifically with top models from Samsung. The newer generation of the “esque” series, the higher the value of the phone after a year of use. The Galaxy S22 series lost 66.7% of its value a year after its launch, while the Galaxy S23 series lost “only” 61.1%. Data for the Galaxy S24 series will not be available until early next year, but if we look at a shortened six-month interval, this year’s series is 3.7% higher than the Galaxy S23 after half a year.
For Samsung, the decline in the value of phones slows down with each generation. The Galaxy S24 reports a 3.7% higher value after half a year compared to the Galaxy S23 after half a year. And this trend may continue
The Galaxy S24 is expected to reach somewhere around 55 percent for the full year, while the iPhone 16 is likely to swing over 50 percent. And that will be a very interesting situation. Years ago, no one would have guessed that Samsungs and iPhones could hold their own after the same time the same value. And if the trend continues, in a few years it may be more “profitable” to get a Galaxy S series phone than an iPhone.
Software support vs. minimum innovation
What can we look for behind it? For Samsung, a bonus is the longer software support, which is even ahead of Apple, which has relied on long software support for a long time. Samsung managed to make the new models more interesting in terms of software and artificial intelligence Galaxy AI, while the iPhone 16 series was received rather lukewarmly. It received a new button for taking photos and artificial intelligence, which is perhaps completely missing in Europe.
From the point of view of the residual value of the phone, this is only one of the statistics, which does not cover all regions of the world. But it is a trend indicator. Thus, iPhones in the future may not hold their price as long as they did in the days of the iPhone X and iPhone 11.
Source: Sellcell
iPhones vs. Samsung: The Price Plummet Showdown!
Now, let’s dive into the world of smartphones, where values drop faster than a lead balloon at a hot air balloon festival. Let’s face it, folks—iPhones have been hailed as the phone that “holds its value.” But recent stats indicate they’re not just nibbling at the depreciation cookie; they’re devouring it! Need proof? Well, feast your eyes on these figures: the iPhone 12 series dropped a whopping 43.8% over the year. But wait, the iPhone 13 managed to lose 46.2%. Oh, and the iPhone 14? A staggering 47.7%! And just when you thought it couldn’t get worse, the iPhone 15 tiptoed in and said, “Hold my beer,” with a delightful 48.2% depreciation. Is it just me, or do they sound like they’re auditioning for a circus act?
Average decline in value for iPhones after one year of introduction
What’s the deal? You’d think with all that advertising featuring those models looking as sleek as an oil-slicked seal, they’d hold their worth a bit longer! But no, it seems like the newer the iPhone, the faster it says goodbye to its value. It’s like a bad relationship—there’s initial excitement, but 12 months later, you’re left with just regrets and a big financial hole in your heart.
Now let’s talk Android, shall we? Samsung’s phones may not start out as the shiny silver knights of the smartphone realm, but as they grow older, the loss of value takes a bit of a breather. Take the Galaxy S22, which lost a staggering 66.7% of its value within a year—charming, but not surprising! Meanwhile, the Galaxy S23 only shed “a mere” 61.1%. Don’t you just love a good comeback story?
Decline in value of Samsung Galaxy Phones
The slow decline for Samsung is a trend that’s not just good news for them; it’s like witnessing an underdog tale where the hero actually learns to dodge a few punches! The Galaxy S24 is on track to hit about 55% for the full year, and it appears that the iPhone 16 is also likely to join the 50% loss club. Imagine that! At this rate, you might get more bang for your buck with a Galaxy than an iPhone—what’s next, shall we start investing in stocks from Samsung?
Software Support vs. Minimum Innovation
So, what’s behind this curious case of depreciating diamonds? Samsung has been knocking it out of the park with their long software support and innovation. It seems their new software game is as fresh as a daisy thanks to the Galaxy AI, while Apple has been caught serving lukewarm responses with its iPhone 16. A new button for taking photos? Oh, how cutting-edge! Honestly, you’d think they were trying to sell us a toaster with Wi-Fi.
Let’s face it: the residual value trend is merely a glimpse into the grand spectacle of smartphones and may not apply globally. But if this rate of depreciation continues, it looks like Apple’s reign might be in peril. Once the undisputed champion of price retention, it may soon be asking Samsung, “How did I end up in this pickle?”
For now, if you’re in the market for a new phone, you might want to take a second look at Samsung. After all, being cheap isn’t just for bargain hunters—sometimes it means emerging as the classy option in tech’s ongoing evolutionary dance!
Sources: Sellcell
