The latest iPhones are losing value faster, unlike Samsung's Galaxy S series, which are only getting better at it

By: Vlad Cherevko | 16.10.2024, 01:06
The latest iPhones are losing value faster, unlike Samsung's Galaxy S series, which are only getting better at it

The value trend in the smartphone market seems to be starting to change. iPhones are losing value faster with each new generation, while Samsung's Galaxy S models are retaining their value better and better.

Here's What We Know

Smartphone and tablet trading platform SellCell analysed trade-in data from more than 40 buyback service providers and found that the iPhone 16 series lost 41% of its value in just two weeks after release, while the iPhone 15 and iPhone 14 lost around 33% over the same period. Over the year, the iPhone 15 lost 48 per cent of its value, 0.5 per cent more than the iPhone 14, while the iPhone 13 lost 46 per cent, 2.4 per cent more than the iPhone 12.

On the other hand, each new Galaxy S loses its value more slowly. Twelve months after its release, the Galaxy S22 has lost almost 67% of its value, while the Galaxy S23 has improved and has already lost 61% of its value. For the Galaxy S24 there are no annual statistics yet, but if we take the period of 6 months, it has lost only 50% of its value, which is already better compared to the Galaxy S23 and Galaxy S22, which lost 54% each.

This data shows that although iPhones are still losing value slower than Galaxy S, the gap is closing and if the current trend continues, the result in depreciation between iPhone and Galaxy S could significantly reduce or even change in favour of Samsung.

Source: SellCell