Why do iphones lose value so fast?
Why do iphones lose value so fast? - 1
Added (1). for example 8GB 3G version is around $15 through ebay now. When it come out it was $200 upfront plus monthly at least $60 for contract 2 yrs so $1440 for service add $200 for phone so nearly $1700 and now it cost $15.
I have an iPhone!
Do you realize a 3G phone was out about 8 years ago? That won't even run anything anymore. Thats why I trade in the phone after 2 years, its still worth alot and on new contract the upgrade is basically free.
Because a newer, better, faster, and larger iphone is coming out every year
This is the same for virtually all electronics, cameras, computers, etc
Well you are comparing the 2nd oldest iPhone available there & the cheapest one at that. So that's not exactly a fair judgment. That one came out in 2008 (7 years ago).
Fact is, iPhones are actually some of, if not the, best at retaining value overtime.
A better comparison would be the iPhone 6 or 6 Plus from last year, vs a Galaxy S5.
Because people now have many other options as well which are more compatible with other devices
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