The value trend in the smartphone market appears to be shifting. iPhones are losing value more rapidly with each new generation, while Samsung's Galaxy S models are holding their value increasingly well.
What We Know
The smartphone and tablet trading platform SellCell analyzed trade-in data from over 40 buyback service providers and found that the iPhone 16 series lost 41% of its value within just two weeks of its release. In comparison, the iPhone 15 and iPhone 14 lost around 33% during the same period. Over the course of a year, the iPhone 15 lost 48% of its value, just 0.5% more than the iPhone 14, while the iPhone 13 lost 46%, which is 2.4% more than the iPhone 12.
On the flip side, each new Galaxy S model loses its value more gradually. Twelve months after its launch, the Galaxy S22 had lost nearly 67% of its value, whereas the Galaxy S23 performed better, having lost only 61% of its value. Although there are no annual statistics yet for the Galaxy S24, data from the first six months indicates it has only lost 50% of its value, which is an improvement over the Galaxy S23 and Galaxy S22, both of which lost 54%.
This data suggests that while iPhones are still depreciating in value slower than Galaxy S models, the gap is narrowing. If the current trend continues, the difference in depreciation between the iPhone and Galaxy S could significantly decrease or even shift in favor of Samsung.
*Source: SellCell*
