iPhone XS Resale Value Puts Galaxy S10 To Shame

Must Read

Net Worth Of Jeff Bezos Is More Than Combined Net Worth of India’s Top 10 Richest People!

Jeff Bezos and the phrase 'World's Richest Person' has become synonym to each other. But after the...

Search Engine Optimization In Digital Era: Look Beyond Traffic

Search engine optimization, aka SEO, plays a vital role in today's online world, especially if it's about...

The Sudden Rise In The Demand Of Refurbished Smartphones In India!

The new normal is changing the dynamics of the Indian smartphone industry. In the last two to...

A surprising trend has emerged after comparing the iPhone XS resale value with Samsung Galaxy S10. After comparing both the smartphones with their variants and their sale and resale values, a pattern can be noticed where the variant with the larger storage will command the greater value initially, but the resale value would drop quicker than the smaller storage variants as well.

Let us look at this in a little more detail.

Resale Value of iPhone XS Vs Galaxy S10

Both, Apple and Samsung, the world’s top smartphone manufacturing giants, are known for introducing next-generation features in their premium devices. While iPhone XS and iPhone XS Max is Apple’s latest bid to capture the lion’s share of the premium smartphone market, Galaxy S10 and Galaxy S10+ are positioned by Samsung as cheaper alternatives.

Advertisements

The above-mentioned trend can be noticed in both the Samsung and Apple variants of flagship smartphones through their resale figures.

resale value of Galaxy S10

In the above figures concerning the resale value of Samsung Galaxy S10 after 30 days, it can be observed that the variant taking the biggest price hit is the one with the largest storage. While they started off being priced at $1,050, $1,600 and $850, the trend can be seen in S10, S10+ and S10e with their larger storage models taking a price drop of $430, $850 and $400 respectively.

iPhone XS resale value

The same trend can also be observed in the above list comparing the sale and resale values of the iPhone XS and XS Max after 9 months. Here, the 512GB variants of both iPhone models have suffered the biggest price drops, with the iPhone XS variant going down from $1,349 to $706 by $643 and the XS Max variant from $1,449 to $801 by $648.

The volatility of Samsung Galaxy S10 price

While going through the above figures, it can be easy to miss out on the comparison between resale values of the Galaxy S10 and iPhone XS. While the iPhone XS and XS Max variants suffered depreciation of up to 47.7% of their value after 9 whole months, Samsung Galaxy S10 variants took just one month to face depreciation of up to 53.3% of their original value. That means the Galaxy S10 prices could not maintain the stability in one month which the iPhone XS and XS Max prices have shown for nine whole months. This is even more astonishing after the drop in demand that the iPhone has faced over the past year.

Things not that rosy for the iPhone maker

Regardless of the perceived stability, Apple had to make certain price cuts of its own so as to boost up the sales of the iPhone. Most of the price cuts have been in China, where the situation for the company has gotten worse recently due to the ongoing trade war between the US and China. The company has also had to make use of unconventional methods so as to ensure the same, like those of trade-in deals and also false promises (allegedly). In addition to this, the value of the current crop of iPhones is depreciating much faster than its predecessors. Back in 2017, when the iPhone X was released, the smartphone faced a depreciation of only 30.9% of its original value 9 months after launch.

Advertisements

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Global 5G Chipset Market: $22.41 Billion By 2026, Driven by 5G Smartphones

As the world has started shifting from 4G to 5G era, the global 5G chipset market has...

Launch Of JioMeet Will Make Zoom To Be The 60th Chinese App To Get Banned In India?

Today as soon as the launch of JioMeet was formally announced by Mukesh Ambani, the frontman of Reliance Industries, people quickly found...

Intel Invest in Jio Platforms: A Chance For Redemption In The Smartphone Market?

If you thought Mukesh Ambani was finally going to stop the stake selling spree in Jio Platforms after RIL was recently announced...

With The Launch of JioMeet Reliance Sets Its Eyes On Video Conferencing Market!

The race to dominate the video conferencing market has just become more interesting. As we are going through the...

Facebook To Shutdown Lasso, The TikTok Competitor: A Well Calculated Move?

By now almost everyone is aware of how Facebook Inc. (NASDAQ:FB) always attempts to copy every other popular app that tries to...

Net Worth Of Jeff Bezos Is More Than Combined Net Worth of India’s Top 10 Richest People!

Jeff Bezos and the phrase 'World's Richest Person' has become synonym to each other. But after the latest jump in the net...

In-Depth: Dprime

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

Fantastic 4: Four Day Work Week A Flashpoint Of Innovation?

It has been an idea that has been mooted by many, perhaps also somewhat sceptically. From being a dark horse to becoming...

TikTok Is Facing The Wrath Of People Who Love It The Most

Ever since the popular social media app TikTok entered India, it has been growing very aggressively in terms of users. Within a...

More Articles Like This