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The lesson here is to buy used phones outright for cheap and hasten the decline of carrier lock-in. That's what I got out of the article at least. The differen
by drcube 15y ago
The lesson here is to buy used phones outright for cheap and hasten the decline of carrier lock-in. That's what I got out of the article at least.
The difference in depreciation between iphones and androud seemed pretty small to me, and probably represents the overall inflated price of the half-eaten fruit logo. I see laptops on craigslist with similar specs: $2000 for Mac and ~$500 for Dell. Like Billy Beane, I buy cheap and undervalued.
- tomerico 15y agoI have got the exact opposite lesson: a 1 year old iPhone has lost 25% of its value, and it loses another 25% of the original value the next year. So you lose the same amount with an older phone In other words - imagine a rich person buying a new iPhone every year and selling the old one to his poor friend. Both of them eventually pay the same amount for the phone, but the poor friend got a used one.
- InclinedPlane 15y agoI think you might be misreading the graphs. According to the article a 1 year old iPhone depreciates by about 40%, and a 2 year old iPhone depreciates by around 65-70%. Thus, a person selling their 1 year old iPhone would fail to recoup 40% of the sticker price overall while someone buying 1 year old phones and selling them a year later would fail to recoup all but 25% of the sticker price, give or take.
- cshesse 15y agoYou seem to be right, but I think you mean 6 months instead of 1 year, from looking at the chart provided.