Apple and Samsung phones depreciate the least after one year

An interesting report by a UK online retailer of refurbished electronics, musicMagpie, gives us interesting data on how smartphones depreciation over 12 months. And unsurprisingly, Apple tops the chart, followed by Samsung, as their phones hold value better than the rest.

According to the report, the average UK consumer changes his phone every 16 months and that costs him about 50% of the old phone’s value. Apple devices seem to lose 41% of their value in the first 12 months on average and that metric goes up to 60% after 24 months. A Samsung phone, on the other hand, loses 64% of its…

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