Apple iPhone trade-ins surge prior to Samsung Galaxy S5 unveiling

Apple iPhone trade-ins surge prior to Samsung Galaxy S5 unveiling
According to SellCell.com, Monday's introduction of the Samsung Galaxy S5 at MWC was preceded by a surge in trade-ins of the Apple iPhone. Last weekend, the site saw a 48% increase in the volume of transactions involving Apple's iconic smartphone. The insinuation, of course, is that some Apple iPhone owners were raising cash in preparation of pre-ordering the latest iteration of Samsung's flagship Android phone.

The basic laws of supply and demand apply here, which means that the increase in iPhone trade-ins has led to lower prices received by those selling their old iPhones. Even prior to the surge in transactions last weekend, prices had already been trending down. Six months ago, the Apple iPhone 5 fetched $337. At the beginning of this month, that price had dropped to $275. Similar declines in price have been seen with both the Apple iPhone 4s and Apple iPhone 4. During the same time period, those trading in the iPhone 4s saw the value of that trade decline from $171 to $115 while the amount received for the iPhone 4 slumped from $188 to $103.

SellCell.com acts like a brokerage firm, looking at over 20 different sites, seeking the best price for a trade.


SellCell.com founder Keir McConomy noted that trade-in prices for the Samsung Galaxy S4 have remained steady, declining to $235 from $250 6 months ago. McConomy said that we could see a sharp decline in the trade value of the Galaxy S4 ahead of the launch of the Samsung Galaxy S5 on April 11th.


source: Sell.Cell Phone via BGR

FEATURED VIDEO

16 Comments

1. darkkjedii

Posts: 31657; Member since: Feb 05, 2011

I wonder if any regret it after the unveiling. Maybe, maybe not.

2. PBXtech

Posts: 1032; Member since: Oct 21, 2013

Probably just buy the 5S if they do. What's more disconcerting (for Apple) are people trading in their iPhones with expectations of buying a Galaxy.

12. Finalflash

Posts: 4063; Member since: Jul 23, 2013

Maybe, because if they traded in their iPhones it meant they were not impressed by the 5s to begin with. At this point they'll either buy the S5 or another Android phone if they can't wait or wait it out for the iPhone 6. Even if the current S4 and Android crowd isn't impressed with the S5, it is still a ridiculous jump from the iPhone 5.

14. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Don't understand why people complain about S5 when its not even out for a hand on. I know I am a Note person therefore has little interest in their S series but still I don't dislike it. Furthermore, with a sales of 40 millions for S4 I should think there is enough people that would like it and that why Samsung keep doing it.

3. Sauce unregistered

My android days are over (Note 2 [my previous phone]), but my best friend is an Android-"head" and he can't stop complaining and expressing his disappointment about the S5. I'm sure everyone's hope have been let down dramatically and have the same mindset: waiting for other feature phones this year.

8. techaman unregistered

Definitely jedii you should know non of us that have Samsung s3 or s4 were expecting that Crap I don't like apple but I would get one just to throw it in the old man s face and ask him who he asked about what the customer wants and tell him to fire his design team

11. Finalflash

Posts: 4063; Member since: Jul 23, 2013

So just don't buy Samsung, buy another and they will wise up once they lose enough ground. That's the best part about Android, there is choice.

15. darkkjedii

Posts: 31657; Member since: Feb 05, 2011

Yeah I'm largely disappointed in the s5, no new look, no compelling new features, apples touch ID, just a very minor upgrade. I wanna see the ip6, and N4. +1

13. DnB925Art

Posts: 1168; Member since: May 23, 2013

Usually the regret after the latest Galaxy S series gets mitigated 1/2 a year later when the newest of the Note series gets announced. IOW, the Note is basically a refinement of the S series, sort of like the iPhone S series is a refinement and improvement of the non-S phones. Since I'm a Note buyer, I can't wait to see what gets fixed and improved when the Note 4 is announced, which is my upgrade time since I currently rock the Note 2.

4. Mr.Mr.Upgrade

Posts: 474; Member since: Aug 30, 2011

Nexus5 ftw

5. Commentator

Posts: 3723; Member since: Aug 16, 2011

So they just go two months without a phone then?

6. Sakeem

Posts: 865; Member since: Sep 05, 2012

I'm sure the same will happen when the Iphone 6 is revealed.

7. uchihakurtz

Posts: 428; Member since: Nov 12, 2012

Shows how much of a fail the SFail, I mean, SFive is. I hope this really kicks Samsung in the butt so they can actually deliver in the next iteration. You need to fall to rise again.

9. PBXtech

Posts: 1032; Member since: Oct 21, 2013

Probably not going to happen. People were down on the S4 for the exact same reasons, and it sold a massive amount of phones. The S5 will too. What I want to know is where did Design 3.0 go? Some of the images looked outstanding, but they are nowhere to be seen with this iteration of Galaxy.

10. Dommer

Posts: 4; Member since: Jan 07, 2013

48% of what baseline number? If sell.com was taking in a 100 iPhones a week then 48% increases are meaningless. Also, none of these phones would have been active phones otherwise they would be traded in at a retailer towards their next phone. This report says nothing other than these iPhone customers were taking their old iPhones and maximizing value.

16. networkdood

Posts: 6330; Member since: Mar 31, 2010

If I owned a boring phone, as in an iphone, I would want to sell it, too, but, not for a S5, I would sell it for a phablet, like the Note 3, or Note 4... Also, stop, stop, stop beeotching about the S5 - if you do not like it - FINE - move on, as there are a ton of Android phones out there...matter of fact there are lots of Android phones that people do not even consider - check out ALIEXPRESS.com for more Androids....or some other similar website...do not limit yourself to LG, HTC, Samsung, Lenovo, Sony, etc....

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.
FCC OKs Cingular's purchase of AT&T Wireless