14 DAY TRIAL // We’ve known for a while that iPhones are retaining their value in the long term, but a new analysis conducted by SellCell compares Apple’s flagship product to other smartphones on the market, including Samsung’s Galaxy S22 lineup.
And the results don’t look good for the South Koreans, as Samsung’s high-end smartphones significantly deprecate in just a few months after launch.
More specifically, the Galaxy S22 range value goes down by 50 percent on average in just two months after the launch, which is quite bad news given the top-of-the-range Ultra maxes out at $1,500.
The Galaxy S22+ 5G with 128 GB of storage, in particular, suffers the biggest drop.
“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,” the analysis reveals.
And now, the iPhone…
The iPhone, on the other hand, retains its value impressively well. The iPhone 13 Pro Max with 128GB of storage, for instance, loses just $52 in two months after launch, so it’s almost as expensive as a new device when it sports a spotless condition.
“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,” SellCell explains.