Gazelle executive says resale value of the Apple iPhone is at a record high

Gazelle executive says resale value of the Apple iPhone is at a record high
If you watch any television at all, you've probably seen the commercial for Gazelle. This is a company that offers to buy your used handsets. Anthony Scarsella is the company's Chief Gadget Officer and every quarter he takes a look at the trends in the industry. Working for a company like Gazelle, Scarsella is uniquely qualified to discuss what is going on in the world of gadgets.

According to Scarsella, the Apple iPhone's re-sale value has never been higher. You can see that from the accompany chart (below), along with the strong surge in the value of Samsung handsets. As recently as 2010, Gazelle was paying more for a broken iPhone than a perfectly good Samsung handset. But along came the Samsung Galaxy S II and by the time the Samsung Galaxy S III had launched, Samsung phones were keeping the most value of any other Android manufacturer's models, second only to Apple.

The other trend spotted by Scarsella is a huge jump of 80% in the number of Apple iPods being traded in. The Chief Gadget Officer noted how things have changed greatly since the launch of the original iPod in October of 2001. So much has changed that the executive feels that Apple's MP3 player has been replaced by the use of smartphones and tablets.  According to Scarsella, this could signify the end of the Apple iPod.

source: Gazelle via TUAW


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18 Comments

1. abcdeee

Posts: 7; Member since: Mar 25, 2013

first

3. TROLL

Posts: 4851; Member since: Apr 13, 2012

Third. Papasmurf second

11. Wiki_jaan

Posts: 704; Member since: Jun 24, 2012

mentally disorder

2. PapaSmurf

Posts: 10457; Member since: May 14, 2012

"...launch of the original iPad in October 2001." Major typo there Alan.

8. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

Further major typo in the last sentence of the article - "...this could signify the end of the Apple iPad." What a difference a vowel makes.

14. Alan01

Posts: 615; Member since: Mar 21, 2012

Thanks guys! You know, we rarely ever mention the Apple iPod so my fingers just went to the "a" and my eyes didn't catch it! If Gazelle's CGO is right, we won't much longer to even think about them! Alan F.

4. TROLL

Posts: 4851; Member since: Apr 13, 2012

iP5 prices quickly depreciating, it's because the supply is catching up with demand, why buy new when you can get a new one for that price! There was a time that you got maybe 70-80% back on the sale of Apple products, now it closes to 50-60% What a joke, the irony of ironies, it is BB Android and Nokia that need to provide non-economic justifications for purchasing there products, that might explain signifying nothing,,,,,,!

5. LDC207X

Posts: 28; Member since: Mar 15, 2013

@Papasmurf I think he meant to say iPod?

7. PapaSmurf

Posts: 10457; Member since: May 14, 2012

Yeah he did. Also, I'm not sure if you're new to the site, but you could directly reply to my comment by hitting the reply button on my post. If you need any help, anyone on this site will be more than happy to assist you. :)

9. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

"...you could directly reply to my comment by hitting the reply button on my post." Like I did. :-)

19. LDC207X

Posts: 28; Member since: Mar 15, 2013

thanks papasmurf, your like the coolest guy. Im not really new to the website, i just finally signed up to reply to some people on here. Its freaking hilarious what they say sometimes lmao

6. rallyguy

Posts: 620; Member since: Mar 13, 2012

I would suspect Apple holds their value better because their phones don't change as much. The differences between the SG2, SG3, and now SG4 are pretty good. The differences between an 4 and 4S aren't that much so you can buy an older phone and not really loose features on the current model. Model 5 finally had an increase in screen size.

12. stealthd unregistered

It probably has a lot more to do with the fact Samsung and every other Android device maker makes a lot of cheaper models that they sell alongside their flagships, and they all fit under the Android embrella. No one Android phone individually outsells the iPhone; there's tons of Android phones, it's a saturated market, and none of them get the individual attention the iPhone gets.

16. Aeires unregistered

I think you both have some great points. In regards to your point, it would be interesting to see specific resale value on individual phones instead of just lumping the entire OEM into one category. I'm guessing there wouldn't be too many surprises, the lower end phones have less resale value and the flagship phones would. I'm at work and Ebay is blocked but I'm sure the results would indicate this if I was able to look it up.

10. avin007

Posts: 139; Member since: Feb 28, 2013

This post is factually,textually and actually incorrect at sm points......nd happy Holi everyone!!!

13. stealthd unregistered

And you didn't bother pointing any of them out. . .

15. jcpwn2004

Posts: 314; Member since: Jan 18, 2012

Hmmm that's weird because the 4 throught the 5 are selling for the lowest I've seen on Ebay. Apple products definitely have the best resale value though.

17. InspectorGadget80 unregistered

Its the same phone. Plus its the highest theft phone rated ever

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