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The Samsung Galaxy S22 can lose half its value in a month

May, 09, 2022 Hi-network.com

It's no secret that high-end Android smartphones drop in price rapidly compared to Apple's iPhone,but a recent report by SellCell, the US's top phone and tech trade-in site, shows just how dizzyingly rapid the drop can be.

The company analyzed sales data foriPhone 13 , Samsung Galaxy S22 , andGoogle Pixel 6 smartphones, examining the trade-in value of all models from each respective range for the first two months following the launch of the handsets.

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All handsets were considered "like new" or in "good" condition. 

The findings make terrible reading for Samsung Galaxy S22 and Google Pixel 6 buyers:

  • The Samsung Galaxy S22 handsets lost the most value on average, at 51.1% (Good) and 46.8% (Like New), followed by Pixel 6 range at 43.5% and 41.5%, with the iPhone 13 range doing the best, losing only 16.4% and 19.1%.
  • The Samsung Galaxy S22+ 5G (128GB) is the worst performer, depreciating by 57.5% (Good) and 53.8% (Like New) over the first two months since launch, a drop of up to$574.99.
  • The Pixel 6 Pro (256GB) was Google's biggest depreciator, seeing a loss of 47.9% (Good) and 45.7% (Like New) over the two months post-launch, a loss of up to$479.00.
  • iPhone 13 Pro Max (128GB) is Apple's best performer, depreciating only 4.7% (Good) and 3.8% (Like New), a loss of only$52 over the two months post-launch.

Depreciation for devices in "like new" condition

Depreciation for devices in "good" condition

So there you have it, a Samsung Galaxy S22 can lose almost two-thirds of its value in two months. That's a staggering level of depreciation for a device with such a hefty price tag.

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