Anyone who upgrades from the iPhone X to the iPhone Xs will ‘lose’ $320

iPhone X vs iPhone XS

It's very nearly time for Apple to announce its 2018 iPhones, which means that it's also time for the early adopters among us to check our credit card balance. Upgrading every year isn't as bad of a financial idea as it might sound -- actually, I've argued in the past that it can cost the same as upgrading every three years -- but even if you've done everything right, the moment of reconing (and accepting the reality of depreciation) is when you sell your old phone and buy a new one.

According to a new study from Music Magpie, an electronics reseller in the UK, the iPhone X has depreciated roughly 32% since it was released. Given the phone's $999 asking price, that means a year of ownership will cost you $320. That might sound like a lot, but it's actually a remarkable achievement for the iPhone X, and shows that the depreciation isn't as bad as we might have imagined.

Continue reading...

BGR Top Deals:

  1. 7 paid iPhone apps on sale for free on September 6th
  2. Your phone can see anywhere with this crazy wireless camera, and it’s back down to just $30

Trending Right Now:

  1. The iPhone XS that Apple’s about to release might be more expensive than we thought
  2. Uh oh: Top insider isn’t convinced Samsung’s Galaxy S10 will feature a big redesign
  3. Promoting Pixel 2 photography from an iPhone is the ultimate Android humiliation

Anyone who upgrades from the iPhone X to the iPhone Xs will ‘lose’ $320 originally appeared on BGR.com on Thu, 6 Sep 2018 at 18:33:29 EDT. Please see our terms for use of feeds.

Post Tagged with , ,

Comments are closed.