How Much Value Does your smartphone Retain After Purchase?
Hey Fam, One curious question please. How many old phones do you have around the house? 2, 3...more? As Nigerians purchase each new smartphone that is released, the value of the phones they're replacing is plummeting. Today our smartphones are losing their value much faster than just about anything else we purchase, and some phones depreciate faster than others. According to the website Declutrr.com , Android devices don't hold value well at all. Mobile Phones Even the most popular ones. The Samsung Galaxy S5 lost half of its value within just 2 months of its release, but that isn't as bad as the HTC One M9, which lost 65 percent of its value in one month. HTC Phones A big reason for the drastic depreciation in Android devices is there are so many phones to choose from. That drives down the price of older models. Since iPhones are released just once a year, they hold their value better. IPHONES A year and a half after its release, the iPhone ...