It is often said that the iPhone keeps its value at a fixed intensity as time goes by. Especially when we compare it to other Android terminals. When last year BankMyCell published a study about the decline of iPhone and Android, this year they are reviewing the data available for 2019 and 2020. According to them, a to salute Android is rapidly shrinking the speed of the iPhone.
For the first two years, the iPhone better stores value
Before you attend the session, remember to remember what BankMyCell is. It's kind of broker linking users and terminals used with other users in search of such devices. It's about phones provided and they are in good condition. Fixed screen, active battery, other features respectively. Without occasional writing, it would be a bit like buying a used car carefully.
Obviously, with the devices used, their price is deducted for use and time. This website has sufficient amount to pay to get an idea of what the discount rate for smartphones is. Shown in the graph, of course:
Here is the percentage drop for the iPhone, an Android smartphone to salute and a smartphone that is on Android end. All are average values and are calculated based on their basis. As you can see, the iPhone keeps a low drop every year, it's almost a line. Both Android experience a similar situation, where in the second year the decline is around 70-80%. By comparison, the iPhone loses 45% at one point.
For the total integers, percentages and accumulated values, we find the following table:
Of course, one conclusion is obvious: the iPhone is able to store its value Over time time is much better than our competitors.
Key in demand for used devices
In the report itself, BankMyCell indicates that the prices given for the repurchase are subject to demand. That is, it increases interest on the device, so does its price save the number over time. In user-generated tests when buying a second-hand smartphone, various factors are considered. Among the most important:
- General state of the device.
- Battery status
- Support and security review.
- Model price in-store.
In the first two points, Apple doesn't have much control and is user-dependent. Battery replacement costs between 55 to 75 euros, depending on the model. After two years of use it's usually a good idea to change it having sufficient independence regardless of model and product type.
As for the last two, Apple has the power to influence or determine them. IPhone update support is great for the industry, for devices of up to 5 years to get support (iPhone 6s introduced in 2015 supports iOS 13, 5 years). In July 2019, Apple released updates to the devices the harvest like the iPhone 5, the 2012 signal.
And at retail price, the fact is Apple does not lower the price for sale in your online store. At least, until a new generation comes out. Yes, there are discounts at foreign stores, although these are limited in comparison to other products.
All these factors determine the availability, size and market quality of second-hand devices. Apple devices tend to be among the most expensive, but also keep their value better over time. Knowing this, the user can make a high-end game on the iPhone, knowing that in two years he will be able to sell it and get a share of getting a new model. Or put up with more time with her.
