Samsung Galaxy S23 has lost almost half of its value unlike the iPhone 14

When you buy a new smartphone, it’s no secret that the value of the device starts to drop rapidly. This holds true for all phone brands, but there are some models that are better at retaining their value than others. The classic example of this is the iPhone. It has become somewhat legendary for its ability to hold its value over time. On the other hand, it seems that Samsung’s latest offering, the Galaxy S23, is not as successful in this area.

The Samsung Galaxy S23 has experienced a significant decrease in value, currently priced well below the iPhone 14


Recently, SellCell conducted an investigation into the US market to compare the Samsung Galaxy S23 series with other popular models, including the Google Pixel 7 and the iPhone 14 series. These are among the most popular smartphones at the moment, making them ideal for this kind of comparison.

The results of the investigation were not particularly good for Samsung. According to SellCell data, the Galaxy S23, which launched in mid-February with a price tag of $799.99, lost 41.1% of its original value in the first month alone. By the two-month mark, the phone is expected to have lost 43.3% of its initial value. This means that after just 60 days, the new Samsung smartphone is worth only 56.7% of what it was originally sold for.

It’s worth noting that these numbers represent resale values. And are not necessarily indicative of the quality of the phone itself. For those who plan to keep their phone for a long period of time, these data may not be particularly relevant. However, for consumers who like to upgrade their phones after a few months, the iPhone seems to be the best choice for minimizing the amount of money lost.

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The situation is even worse for those who opt for the 1 TB version of the Galaxy S23 Ultra. In the United States, this model loses a staggering 55.6% of its value after just two months. This means that the phone’s price drops from an initial $1,619 to just $719. For consumers who are concerned about getting a good return on their investment, this is certainly not an encouraging sign.

Overall, it seems that Samsung has some work to do in order to catch up with Apple in terms of retaining the value of its smartphones. While the Galaxy S23 has some impressive features and capabilities, it’s clear that consumers may be better off choosing a different model if they want to minimize the financial hit of upgrading their phone after just a few months.

Samsung Galaxy S23 Value Drops Significantly, Falls Behind iPhone 14

  • The Samsung Galaxy S23 range loses value quickly, with 47.7% (good condition) and 43.3% (like new) depreciation after 2 months, which is 1.4 times more than iPhone 14.
  • iPhone 14 range performs better than Pixel 7 and Galaxy S23. But not as well as iPhone 13 within six months post launch. Losing 31.5% of its value in six months for like new devices.
  • Samsung Galaxy S23 Ultra 1TB in good condition is the worst performing individual handset. Losing 55.6% of its value in 2 months.
  • Google Pixel 7 range has the highest average value loss in the first 2 months post-launch, with 45.9% and 51.1% for like new and good condition devices, respectively.
  • iPhone 14 Pro Max 128GB in like new condition performs the best. Losing only 13.6% of its MSRP in the first 2 months post-launch.
  • Some iPhone 14 models regained some of their value, such as iPhone 14 Pro Max 128GB in like new condition. Which lost 21.7% after one month, but regained 8.1% in month two.
  • The best performing Samsung Galaxy model, the S23 Plus 256GB in like new condition, also regained some value, with a depreciation of 36.4% after two months.
  • The Pixel 7 Pro 128GB in like new condition also regained some value. With a depreciation of 39.4% after two months, compared to 43.2% after one month.
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Via: gizchina.com

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