The iPhone has managed for many years to have great value both as a sales product and as a resale product. Anyone who buys Apple’s smartphone knows that they have in their hands a mobile with high resale value.

There are many people who buy a new iPhone and then resell it after a few months. This is because it is a product with high demand and everyone is trying to buy it for less. Thus, an iPhone can immediately turn into money in your pocket.

The fact that as soon as you buy a new iPhone and open the box, its value “drops” by about 30%. The feeling of buying a new Apple smartphone is surely different and at the same time, nearly 70% of its value remains unchanged for many months. Even older iPhone models, like the iPhone 5s and 6, have a high resale value.

According to a study, the iPhone loses 43% of its value over a 12-month period, a percentage particularly competitive compared to other rival brands, such as Samsung and Huawei. Samsung smartphones lose 64% of their value in 12 months and of Huawei almost 75%, in the same time period.

Why do iPhone prices not “drop”?

The demand for purchasing used iPhones is always huge, worldwide. Obviously, the condition of the mobile is of great importance, but if Apple’s smartphones are in working condition, then there’s no chance they will remain on the shelf for many days!

Naturally, we can’t ignore to discuss about the bitten apple! The Apple logo itself is a reason not to drop the value of the tech giant’s products. The millions of Apple fans worldwide will remain loyal, even if the company at some point fails to meet their expectations. Finally, Apple does not compromise on anything regarding the quality of iPhones and this is perhaps the most important factor for which their resale value remains so high. Their technological features and their components have been designed to satisfy all users.