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New study finds Galaxy phones depreciate faster than iPhones

RaduTyrsina

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Do you own an iPhone? Well, in case you ever want to get rid of it, you have a better chance of selling it for a good price, than if you owned a Galaxy model from Samsung. At least, according to Piper Jaffray Gene Munster’s resale value index, which was just posted this week.

The report analyzed resale prices posted on popular shopping site eBay for the iPhone 5, iPhone 4S, iPhone 4 and Galaxy III/Galaxy Note II. The final index showcased that even if the​​ iPhones are generally more expensive than the Samsung devices, their price margin remains steadier. For example, depreciation for the iPhone 5 during th​​e 8 weeks when the data was calculated, was set at 11.2%, while the Galaxy’s was 13.7%. The all time winner of the study was weirdly enough, the iPhone 4S. Apparently, it doesn’t matter than Apple put out a new smartphone already, the value of the 4S has dropped only with 7% during the time the research was conducted.

For example, the average iPhone 4S price was situated at $349 in March, but by May it dropped to $312. To compare, the iPhone 5 on the other hand went from $535 to $465. In Android camp, the Galaxy S III dropped from $360 to $320, while the Galaxy Note II was the biggest loser, from $550 to $444.

Last but not least, Munster predicts that the iPhone will experience more depreciation as the iPhone 5S is being readied for release.

Source: AppleInsider
 
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