Apple’s iPhone SE 3 range lost up to 65% after the first 18 months post launch and SellCell expects iPhone SE 4 to follow suit.
The iPhone rumour mill is, once again, in full swing, with the iPhone SE 4 the subject of much gossip. Now we have the latest iPhone 15 range in stores, attention turns to Apple’s entry-level smartphone, the iPhone SE. Pretty much everyone is discussing what potential features the device could have. Another point of conjecture is when the next iPhone SE model will launch. It should be 2024, but some say it might not be in consumers’ hands until 2025.
On average, the iPhone SE 3 lost 23.9% more than the iPhone 13 range did in one month post launch. After three months, this figure was at 28.4% more depreciation.
Compared with the iPhone 14 series, the SE3 lost 9.5% more value in one month, and after three months it had lost 17.2% more than the iPhone 14.
The iPhone 15 is performing well compared to the SE 3. It has depreciated 13.8% less than the SE 3. After three months, the difference is 19.2%, with the SE 3 trailing far behind the iPhone 15 in depreciation terms.
The iPhone SE 3 launched in March 2022, priced $429-$579. After one month, the whole SE3 range had lost 42.6% of its value. After three months, it had lost 47.1% and, heading to 18 months, depreciation was 64.7%.
By comparison, the iPhone SE2 range lost the same as the SE 3 range in month one; 42.6% ($234). After three months, depreciation was 43.5%. After 24 months, depreciation was 60.0%.
Of all iPhones released since 2021, the iPhone 13 performs best. It only lost 18.7% of its value in month one, across the range. After 3 months, it had lost no further value. After six months, it had depreciated by only 25.6%.
The 2023 iPhone 15 range is also doing really well for value retention. Every model has actually regained some lost value after three months. The average depreciation across the range sitting at 27.9%, where it was 28.8% after one month.
Historically, flagship iPhone models have performed better for value retention than the budget-friendly SE models.
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MacDailyNews Take: Recent iPhone SE4 CAD renders show iPhone 14 frame with a single primary camera, no antiquated Home button, a 6.1-inch display with the inelegant kludge (notch), and more, so maybe it’ll hold it’s value a bit more than SE models have historically.
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All very interesting but in all the years I’ve been buying iPhones I’ve never once considered how much it would depreciate.
My main phone is the iPhone 8. I don’t care if it holds value. I’m going to be buying the iPhone SE next month.
I did care about resale value back when I was upgrading every year and selling iPhones regularly. It was great to get hundreds of dollars, which helped defray the cost of buying new iPhones.
But now that I hold onto phones for longer (2-4 years), and then give them to family members, I don’t care very much. And if the new SE is the only way to get a not-huge iPhone, I won’t care at all.
I was hooked on the smallest most powerful iPhone (SE) and bought in launch day on March 31, 2016. Upgraded every SE iteration until the iPhone 13 MINI came out. Much more like the original SE sturdy metal build, slightly larger and after looking how Cook cheapened the then SEs build with plastic in place of metal, no more SEs! Cook RUINED the SE Model for more profit…
Leave the damn ‘antiquated’ home button on. Swiping is awful.
Amen!
Hate swiping and over 50% of the time Face ID does not work on my iPhone 13. Has problems in low light, if you wear cheaters or a hat in the cold… gawd awful.
The fingerprint ID was fast, secure and discreet. Problem it took up too much screen real estate, but I’m sure innovative Apple could come up with a Dynamic Fingerprint ID that appears an disappears on command.
Oh wait…Cook still in command, never happen…