iPhone 11 Trade-In: iPhone XS Max Users Are Excited The Most!

Must Read

Superstitions across different countries – An Overview

Some believe that a superstition is anything that people believe that is based on myth, magic, or irrational thoughts. They are beliefs that are steeped in lore or tradition, and it is usually difficult to pinpoint the exact origin. Here is a brief compilation of Superstitions which are prevalent across different countries.

1.5 Million Engineers Pass Out In India Every Year, Fewer Getting Hired [Trends]

Engineering colleges have been springing up like wild mushrooms in India in the last few years. Their number has...

World’s Most Popular Ad Slogans: A Brief List To Inspire With !

Advertisement plays an important role for companies as well as consumers world wide. It gives a seller an opportunity...

The excitement of owning a new iPhone is just unparalleled. And, why not, it’s the world’s most valuable brand that fascinates millions of smartphone users worldwide. Within a day of Apple announcing three new iPhones – iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max, iPhone users have started exploring the trade-in value of their devices in a bid to enjoy latest features, specs and an amazing camera that Apple has showcased in the launch event.

Popular smartphone trading website BankMyCell recently conducted a study to identify the changing trend in trade-in excitement of the iPhones of 2,490 consumers. The data collected one day after the launch of iPhone 11 is compared with the iPhone trade-in trends a week back. This has not only given us insight into the number of people wanting to trade-in their old iPhones for new ones, but also an average idea of the total consumer interest generated by the recent announcement.

Let us look at it in a little more detail.

Advertisements

iPhone 11 Upgrade: Fear Of Falling Value

The below graph point towards the number of people who might be interested in exchanging their old phone for a new one. It shows the respective amount of people that came to know the value of each of their Apple devices.

It would be interesting to note that the most excited iPhone users that tried valuing their device after the iPhone 11 announcement were the ones owning iPhone XS Max and iPhone XS, models that were launched just a year back. There is a huge 504% jump into the number of iPhone XS Max users who explored trade-in value after the announcement of the new iPhone 11 series.

Surprisingly, the third model of the last year lineup, iPhone XR, was down the pecking order, behind the likes of iPhone X and iPhone 8 which were launched before two years or more. This means that the people who valued their iPhone XR after the announcement are planning to hang on with their devices for a longer duration as compared to iPhone XS and iPhone XS Max. This also means that people are relatively satisfied with the iPhone XR, with no real intention to sell it away at this point in time.

On average, there was a 189% increase in the number of iPhone users who are looking to trade-in their device within a week.

What’s even more surprising is the fact that people owning five-generation-old iPhone 6S have given cold shoulders to upgrade possibilities. The model still accounts for a sizeable 9.8% of total active iPhone user base.

Advertisements

One of the main reasons behind the huge spike in the percentage of iPhone XS Max, iPhone XS and iPhone X users exploring trade-in value could be Apple’s decision to discontinue the models. All the three models, ranked at the top in the trade-in chart have been discontinued after the announcement of iPhone 11. Apple stopped selling iPhone X last year itself. Such decisions have a direct impact on the resale value of any smartphone and the iPhone is no exception. Hence, people owning discontinued iPhone models are, apparently, trying to gain the best possible trade-in value for their devices.

People might be interested to buy the newly released iPhone 11 just like any other time, but these reports show that not everyone is happy with their iPhones. It is also an indication of how successful a particular model is and how it has aged over time.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

India the 3rd Worst Economically Affected Nation by Internet Shutdowns in 2019: Report

2019 saw an increasing awareness about internet shutdowns in the Indian population due to unprecedented first-hand experience...

Amazon and Flipkart Under The Lens Of Indian Authorities For Competition Squashing Activities!

The ongoing tug of war between Offline and Online retailers in India seems to be far from over. On Monday, the Competition...

Constant Internet Suspensions In India Affecting Online Transactions and Economy Adversely

In the wake of the highly controversial and prejudiced Citizenship Amendment Act and other related legal developments such as the NRC, IT...

The Current Generation Require Technology In Class To Make The Most Of Future Opportunities

Technology is the current drive for everything. It has influenced all aspects of life, including cultures. It affects the way we live,...

Reliance Jio Offers Free Calls Over WiFi: Activate It Now

Following Airtel’s launch of VoWiFi calling in December 2019, Jio has now started rolling out VoWiFi calling, as well.

UPI Scam: A Man Loses Rs. 1.01 Lakhs While Using Paytm and Google Pay

Facebook finds it itself in the middle of its first scam of the new decade and the catalyst seems to be its...

In-Depth: Dprime

YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

Online video sharing platform YouTube can be a ruthless place for content creators targeted by 'dislike mobs'. And the site owners totally understand that...

Facebook Has Pulled Off A Masterstroke By Integrating Its ‘Family Of Apps’?

It’s indeed hard to believe that ONE man sitting at Menlo Park, oversees how nearly a third of the world’s population interacts with each...

Facebook’s Crunch Conquest: By Relying Largely On The US Market, Is Facebook Running a Risk?

Two billion! That's Facebook, Inc. (NASDAQ: FB) for you - Right when you thought that this social-media giant has already connected the entire world, it's...

More Articles Like This