The new report comes from sellcell. The company looked at depreciation data for the whole iPhone 14 lineup, the new Samsung Galaxy S23 lineup, and the Pixel 7 lineup.
While the iPhone 14 and Pixel 7 devices have been available for about half a year, the one and two-month depreciation timeframes were picked as the Samsung Galaxy S23 series just arrived in February.
iPhone 14, Galaxy S23, and Pixel 7 depreciation compared
For the average depreciation across the smartphone lineups (in “Like New” condition), the latest iPhones saw a drop in value of 32.3% in the first month compared to 41.1 and 43.1% for the Galaxy S23 and Pixel 7 device averages, respectively.
After two months, the study found iPhone values actually improved, while Galaxy and Pixel values continued to decline.
The two-month comparison showed iPhones lost 31% of value compared to 43.3 and 45.9% for the Galaxy S23 and Pixel 7 device averages.
The report also revealed the depreciation for each specific iPhone 14, Galaxy S23, and Pixel 7 model for the one and two-month periods in “Like New” and “Good” conditions.
Among the iPhone 14 devices, the 14 Pro Max 128GB in like new condition had a very impressive depreciation of just 13.6% after two months.
The Galaxy phone that saw the least depreciation was the S23 Plus 256GB at 36.4% and the Google device that saw the least drop in value was the Pixel 7 Pro 128GB at 39.4% depreciation.
While the iPhone 14 lineup held onto value much better than the competition, the report highlights that the iPhone 13 lineup did even better – only losing an average of 23.4% of value after two months compared to the 31% that that iPhone 14 lineup averaged.
Check out more details in the full report from sellcell.
