The Samsung Galaxy S22 has depreciated nearly three times more than the iPhone 13, according to a new report from SellCell.
The company examined the trade-in value of the iPhone 13, Galaxy S22, and Pixel 6 smartphones based on the resale value of the phones in 'like new' and 'good' condition. Looking at the data from the first two months since launch, there is a drastic difference in how brands hold their value.
Unlike those who shrewdly buy an iPhone—with all the value retention that brings alongside a fantastic product—those who invest in Android alternatives like a Samsung or Google handset can find themselves significantly short-changed.
● The Samsung Galaxy S22 range loses the most value on average, at 51.1% (Good) and 46.8% (Like New), followed by Pixel 6 range at 43.5% and 41.5%, and the iPhone 13 range at only 16.4% and 19.1%.
● The Samsung Galaxy S22+ 5G (128GB) is the worst performer, depreciating by an astronomical 57.5% (Good) and 53.8% (Like New) in the two months since its launch, equating to up to $574.99 in value lost.
● Google’s worst performer is the Pixel 6 Pro (256GB), which saw 47.9% (Good) and 45.7% (Like New) depreciation in the two months post-launch, which is up to $479.00 in cash terms.
● Apple’s iPhone 13 Pro Max (128GB) is the brand’s best performer, with depreciation in single figures at 4.7% (Good) and 3.8% (Like New), which is a maximum cash loss of $52 since its launch.
● Like the iPhone 12-series before it, the iPhone 13 range has started recovering its loss after month two, with 18.7% (Like New) and 21.3% (Good) depreciation by month one end, versus 16.4% and 19.1% at month two end.
● Surprisingly, the Pixel 6 range also appears to have recouped some of that initial loss, with 43.1% (Like New) and 45.6% (Good) after one month, versus 41.5% and 43.5% after two months; a recovery of 2% of the range’s initial MSRP.
Hit the link below for the full report...
Read More
The company examined the trade-in value of the iPhone 13, Galaxy S22, and Pixel 6 smartphones based on the resale value of the phones in 'like new' and 'good' condition. Looking at the data from the first two months since launch, there is a drastic difference in how brands hold their value.
Unlike those who shrewdly buy an iPhone—with all the value retention that brings alongside a fantastic product—those who invest in Android alternatives like a Samsung or Google handset can find themselves significantly short-changed.
Main Findings
● The Samsung Galaxy S22 range loses the most value on average, at 51.1% (Good) and 46.8% (Like New), followed by Pixel 6 range at 43.5% and 41.5%, and the iPhone 13 range at only 16.4% and 19.1%.
● The Samsung Galaxy S22+ 5G (128GB) is the worst performer, depreciating by an astronomical 57.5% (Good) and 53.8% (Like New) in the two months since its launch, equating to up to $574.99 in value lost.
● Google’s worst performer is the Pixel 6 Pro (256GB), which saw 47.9% (Good) and 45.7% (Like New) depreciation in the two months post-launch, which is up to $479.00 in cash terms.
● Apple’s iPhone 13 Pro Max (128GB) is the brand’s best performer, with depreciation in single figures at 4.7% (Good) and 3.8% (Like New), which is a maximum cash loss of $52 since its launch.
● Like the iPhone 12-series before it, the iPhone 13 range has started recovering its loss after month two, with 18.7% (Like New) and 21.3% (Good) depreciation by month one end, versus 16.4% and 19.1% at month two end.
● Surprisingly, the Pixel 6 range also appears to have recouped some of that initial loss, with 43.1% (Like New) and 45.6% (Good) after one month, versus 41.5% and 43.5% after two months; a recovery of 2% of the range’s initial MSRP.
Hit the link below for the full report...
Read More