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Samsung’s newest flagship smartphones, launched on the finish of January, have already lost around half of their value, in keeping with a research revealed Wednesday by Promote Cell, a website that allows 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 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 just a few months sooner than the Samsung telephones. In keeping with the research, 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.