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Samsung’s newest flagship smartphones, launched on the finish of January, have already lost around half of their value, in response to a examine revealed Wednesday by Promote Cell, a web site that permits you to promote your used telephone. Shedding essentially the most worth is the 256GB Galaxy S21 5G, which used is price 57% lower than it retails for when new, and 51% much less for the 128GB mannequin. Which means that whereas the S21 5G goes for $999 new, essentially the most you will get reselling it’s $429.
The Galaxy S21+ 5G is price round 50% much less for 256GB and 45% much less for 128GB. The Galaxy S21 Extremely misplaced the least worth, however continues to be price 47% much less for the 128GB mannequin and 53% much less for the 256GB mannequin.
“Regardless of solely launching in January 2021, all handsets have misplaced virtually 50% of their worth,” Promote Cell mentioned in its report. “That could be a substantial loss, contemplating they’ve solely been available on the market for 3 months.”
By comparability, the iPhone 12 vary has fared higher in retaining its worth regardless of launching only some months sooner than the Samsung telephones. Based on the examine, the iPhone 12 Mini 256GB misplaced essentially the most worth, at 33%. Shedding the least worth was the iPhone 12 Professional Max 128GB, which has depreciated by solely 18%.
Neither Samsung nor Apple instantly responded to a request for remark.