Samsung Galaxy S21 phones have lost half their value since January, study says

Samsung’s newest flagship smart devices, gone for completion of January, have actually currently lost around half of their worth, according to a research study released Wednesday by Offer Cell, a website that lets you offer your utilized phone. Losing the most worth is the 256GB Galaxy S21 5G, which utilized deserves 57% less than it retails for when brand-new, and 51% less for the 128GB design. This implies that while the S21 5G opts for $999 brand-new, the most you’ll get reselling it is $429.

The Galaxy S21+ 5G deserves around 50% less for 256GB and 45% less for 128GB. The Galaxy S21 Ultra lost the least worth, however is still worth 47% less for the 128GB design and 53% less for the 256GB design.

Learn More: Samsung Galaxy S21’s 3 designs compared: S21 vs. S21 Plus vs. S21 Ultra

” Regardless of just releasing in January 2021, all handsets have actually lost practically 50% of their worth,” Offer Cell stated in its report. “That is a significant loss, considering they have actually just been on the marketplace for 3 months.”

By contrast, the iPhone 12 variety has actually fared much better in maintaining its worth in spite of releasing just a few months previously than the Samsung phones. According to the research study, the iPhone 12 Mini 256GB lost the most worth, at 33%. Losing the least worth was the iPhone 12 Pro Max 128GB, which has actually diminished by just 18%.

Neither Samsung nor Apple right away reacted to an ask for remark.

Learn More: iPhone 12’s 4 designs compared: Distinctions in between iPhone 12, Pro, Pro Max and Mini