Who doesn't love a gift, even if it's a hand-me-down? It's the thought behind the gift that counts, right? Maybe don't be so sentimental when a friend or family member gives you their used Android smartphone.
According to a new report, the reason why many Android users don't sell or trade in their used devices is it doesn't make financial sense to do so. Androids have always been terrible at retaining their value, so the return will be insignificant if you sell it or trade it in.
What do Android and iPhone owners do with their old smartphones? | Image Credit - CIRP
According to CIRP's new survey, more iPhone than Android owners turn their used smartphones into money. 41 percent of iOS users trade in their old devices and fewer than 20 percent dispose of them ( recycle or donate them or end up breaking them or having them stolen).
In contrast, only 17 percent of Android users sell or trade in their old devices and 30 percent discard them.
A vast majority of Android owners - 53 percent - either pass their device down to a friend or family member or keep it as a backup. Only 40 percent of iPhone owners do the same.
CIRP concludes that there isn't much to be gained from monetizing (selling or trading in) an Android phone, which is why most owners prefer other options. iPhones, on the other hand, can be sold at a much better price, even after years of use, which is why most of them don't end up in the hands of a friend or family member.
So even though iPhone owners don't upgrade their devices as frequently as Android users, they make money off them when they do. But hey, Android users strengthen bonds by gifting their old devices to loved ones.
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Anam Hamid is a computer scientist turned tech journalist who has a keen interest in the tech world, with a particular focus on smartphones and tablets. She has previously written for Android Headlines and has also been a ghostwriter for several tech and car publications. Anam is not a tech hoarder and believes in using her gadgets for as long as possible. She is concerned about smartphone addiction and its impact on future generations, but she also appreciates the convenience that phones have brought into our lives. Anam is excited about technological advancements like folding screens and under-display sensors, and she often wonders about the future of technology. She values the overall experience of a device more than its individual specs and admires companies that deliver durable, high-quality products. In her free time, Anam enjoys reading, scrolling through Reddit and Instagram, and occasionally refreshing her programming skills through tutorials.
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