Apple iPhones are known for better retaining their value over Android phones. The resale value of a smartphone shows you the worth of your smartphone. Android smartphones aren’t known for retaining much of their value, and their resale value depreciates more than even the old-gen iPhones. Well, that remains true for this year as well.
According to the latest survey by online used smartphone marketplace SellCell, the Galaxy S23 series and the Google Pixel 7 lineup lost a good chunk of their value compared to the iPhone 14 series. As per SellCell’s data, the Galaxy S23, which was launched with a price tag of $799.99 earlier this year on February 17th, lost 41.1% of its original value in the first month and 43.3% in two months. This means that your brand-new Galaxy S23 is only worth 56.7% of its original value.
Galaxy S23 Ultra 1TB lost the most value two months after launch
On the other hand, the Apple iPhone 14 lineup lost just 31% of its value after two months. So, considering all the data, the Galaxy S23 has depreciated 1.4 times faster than the iPhone 14. The worst part is that the Galaxy S22, which was launched last year, depreciated 3 times compared to the iPhone 13 just two months after its release.
The Galaxy S23 Ultra 1TB variant lost the most value within two months. This $1,619 price-tagged device lost 55.6% of its value, making it worth only $719 now. If you are looking for a better investment, the iPhone 14 Pro Max 128GB should be your choice, as it lost only 13.6% of its MSRP in two months. Well, this information also highlights that the iPhone 14 isn’t that good at retaining value as compared to the previous-gen iPhone 13. After six months, the iPhone 14 is worth 5.7% less compared to the iPhone 13.
A high resale value may show you the worth of your smartphone, but a lower value doesn’t reflect a phone’s quality. If you plan to hold onto your investment, then the phone’s performance and probably its camera will make your investment worth it.
