Apple iPhones hold their resale value significantly better than iPhone wannabes

“Priceonomics, a site that helps people determine fair value for almost anything from cars to baby strollers, has some answers as well as some purchase tips when looking considering a new smartphone,” Ryan Faas reports for Cult of Mac.

“Priceonomics has been compiling a pricing guide for mobile phones and recently used that data to determine not just the value of many used models but also their rates of depreciation or how quickly smartphones lose their resale value,” Faas reports. “They packaged all that data into a report that is good news for iPhone owners and not so good news for owners of every other platform.”

Faas reports, “The results dramatically show iPhones holding notbly more resale value. After 18 months, an iPhone will be worth 53% of its initial price while Android and BlackBerry devices will only be worth an average of 42% and 41% respectively.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Dominick P.” for the heads up.]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.