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Author Topic: Apple and Samsung phones top list of depreciated phones after one year  (Read 9821 times)

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Offline lindaikeji

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An interesting report by a UK online retailer of refurbished electronics, musicMagpie, gives us interesting data on how smartphones depreciation over 12 months. And unsurprisingly, Apple tops the chart, followed by Samsung, as their phones hold value better than the rest.

According to the report, the average UK consumer changes his phone every 16 months and that costs him about 50% of the old phone's value. Apple devices seem to lose 41% of their value in the first 12 months on average and that metric goes up to 60% after 24 months. A Samsung phone, on the other hand, loses 64% of its value in the first year of usage and 77% after two.


Interestingly enough, OnePlus takes the third spot with 69% and 78% depreciation after one and two years. Huawei and Google, though, don't seem to be doing all that well after two years.

In fact, a closer look at the different smartphones on the market shows that Huawei's Mate 30 Pro and the Huawei P20 lost a whopping 87% and 84% of their value in the first year.

Expectedly, iPhones from the last couple of years seem to retain more than half of their price in the first 12 months.


 

 

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