A new resale value index by investment firm Piper Jaffray was released today, and the numbers may come as a surprise to Android fans, and good news for iPhone users.
Piper Jaffray’s report shows that the iPhone loses its value much slower than similar phones from Samsung, including the Galaxy S III and Note II. The Note II lost 15% of its value over the last 8 weeks, whereas the iPhone 5 lost just 11% of its value. Interestingly, the phone that held its value the best was the iPhone 4S, which lost just 7% of its value over the same period.
The report claims that the drop in iPhone prices recently reflects the anticipation of a new device release soon, and analyst Gene Munster expects that “the iPhone aftermarket price should continue to decrease as we approach an iPhone 5S launch which we expect at the end of the month of September.”
What do you think of these numbers? Are you surprised that the iPhone holds its value better than similar Android offerings? Are you planning on selling your old device soon? Leave a comment below and let us know!