Report: Android phones lose twice as much value as iPhones in first year

Credit: BankMyCellAverage trade-in cost of phones after a year by operating systems.The report likewise compares the worth devaluation of 2 of the most popular flagship phones of 2019: the Galaxy S20 vs the iPhone 11. Heres how their value has actually dropped after nine months:
The Galaxy S20 (-34.78%) v the iPhone 11 (-12.84%).
The Galaxy S20+ (-30.59%) v the iPhone 11 Pro (-21.31%).
The Galaxy S20 Ultra (-36.30%) v the iPhone 11 Pro Max( -15.96%).
BankMyCell has made some other intriguing observations in the report. It keeps in mind that phones from Googles Pixel series lose -38.46% value in a year– the Pixel 4 tops the overall chart with -40.56% (-$ 160) value devaluation. Sony, Motorola, and HTC were the worst entertainers. Their phones lose 39.51%, 42.57%, and 53.08% worth in a 12-month period respectively.
There are several consider a phones price devaluation such as availability of software updates, longevity, and performance of hardware. Apples iPhones are touted to have quality hardware that continue to receive software application updates for years. In comparison, in spite of receiving quick software updates, Googles Pixel phones frequently face serious hardware issues, and thats reflected in the report.
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Published January 21, 2021– 09:38 UTC.

When we buy a phone, many of us hope that itll last for a couple of years. After 2 years, an Android phones price drops by 61.50% as compared to 35.70% of an iPhone. It keeps in mind that phones from Googles Pixel series lose -38.46% worth in a year– the Pixel 4 tops the general chart with -40.56% (-$ 160) value depreciation. In contrast, despite receiving fast software application updates, Googles Pixel phones frequently deal with serious hardware issues, and thats shown in the report.

Many of us hope that itll last for a couple of years when we buy a phone. We also hope that itll still have some decent buyback worth at the end of its life. The buyback worth depends a lot on the brand and design of the device you own.
According to a report from BankMyCell, a website that tracks trade-in rates for phones, Android flagships lose two times as much value (-33.62%) in the very first year compared to an iPhone (-16.70%). After two years, an Android phones cost visit 61.50% as compared to 35.70% of an iPhone. Especially, this data does not take limited-time brand name or provider offers into account.

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