Who's elitist now? The iPhone X holds the best resale value at 85%

Who's elitist now? The iPhone X holds the best resale value at 85%
Say what you will about the price of flagships lately, but the big boys like Apple and Samsung hold value well, which explains why Tim Cook was so miffed that people balked at the $999 tag for Apple's latest iPhone X. After all, it's about the price of a fancy coffee a day, was his reasoning. It seems that, despite the "elitist" outcry that followed his comments, Apple's CEO may have been right all along.

The iPhone X just scored the title of the "best resale value" handset over at B-Stock, a giant wholesaler that moves those things in bulk. It dug into its database, and crunched the numbers on second-hand iPhone X lots it provides across various consumer-facing platforms. It turned out that Apple's latest and greatest retains on average an 85% value over its retail pricing, which is a record as these things go, especially so many months after launch. Granted, Apple may be planning to discontinue the X after the 2018 iPhone trio lands, but if history is any indications, its depreciation will keep being relatively slow. 

Even big lots sold together fetched 75% of retail, and when they reach the final customer a used X in grade A condition sells just 15% off its MSRP tag. "The iPhone 6, 6s, 7, and 8 all achieved roughly 65% of retail value six months after launch across our network of mobile marketplaces," says B-Stock, putting the X in a truly exclusive place. It seems that folks who got the iPhone X have been seeing it depreciate much less than their monthly payments, after all.

source: B-Stock via 9to5Mac

Related phones

iPhone X
  • Display 5.8" 1125 x 2436 pixels
  • Camera 12 MP / 7 MP front
  • Processor Apple A11 Bionic, Hexa-core, 2390 MHz
  • Storage 256 GB
  • Battery 2716 mAh(21h 3G talk time)

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50 Comments

1. toukale

Posts: 648; Member since: Jun 10, 2015

That's not news, iPhones have always retain their value better than any other cell phones. Not sure why this would be consider news now.

2. Cat97

Posts: 1933; Member since: Mar 02, 2017

Because in this case it's 85%, which is quite a lot even compared to other iPhones. That's why it's news.

10. toukale

Posts: 648; Member since: Jun 10, 2015

Still, it did not change the narrative. iPhones still retain their value the best, that part has not change. It would be news if that was no longer the case, but the fact that it keeps going up and down is normal and the nature of commerce.

46. sgodsell

Posts: 7451; Member since: Mar 16, 2013

Anyone buying a smartphone because of resale value is an idiot. This looks to be made up crap to begin with, especially when they said "The iPhone 6, 6s, 7, and 8 all achieved roughly 65% of retail value six months after launch across our network of mobile marketplaces,". Look at all the BOGO deals in play today for iPhones. Plus if iPhone resale value is so great, then why are carriers still selling iPhone 6's, and 6s's that first launched back in 2014, and 2015. Not to mention when these 3 new iPhone X's are released in September. Then rest assured the resale value of the iPhones will drop even further. Especially when they have low resolution displays, and filled to the brim with bezels.

47. kiko007

Posts: 7513; Member since: Feb 17, 2016

Blah... blah... blah. Why don’t you head on back to whatever crevice you crawled out of?

49. Trex95

Posts: 2383; Member since: Mar 03, 2013

iPhone resale value never dropped like android phones within 6 month.

52. mpperrusquia

Posts: 13; Member since: Jun 01, 2018

You sound triggered.

20. JMartin22

Posts: 2372; Member since: Apr 30, 2013

Uhh well, in all fairness, it’s still not even a year old yet.

25. Mrchicago

Posts: 16; Member since: Aug 20, 2016

And Samsung’s s9 hasn’t even been out for 7 months and you can find it for about 4-5 hundred.

40. Finalflash

Posts: 4063; Member since: Jul 23, 2013

Isn't it great, consumers win with lower prices.

42. kiko007

Posts: 7513; Member since: Feb 17, 2016

They don’t win when it comes time to sell the phone. Everything comes with drawbacks in the consumer electronics market.

45. whatev

Posts: 2333; Member since: Oct 28, 2015

It’s a complete loss for consumers, they get an obsolete phone and next week they can only resell it for half the price, it’s really tragic :’(

43. NarutoKage14

Posts: 1327; Member since: Aug 31, 2016

That's too much. I wouldn't pay that percentage for a car that's gone through 20% of its usable lifespan, let alone a phone.

3. Papa_Ji

Posts: 859; Member since: Jun 27, 2016

Everyone knows brainwashed low IQ people can pay any amount for LOGO.... So why don't ask for more and more money. If Craple can sell it for 1000USD then way don't we.

4. kiko007

Posts: 7513; Member since: Feb 17, 2016

You really need a basic grammar course.

6. toukale

Posts: 648; Member since: Jun 10, 2015

That, plus the unhealthy obsession about how much others chose to pay for things they like. I have no problem with how others chooses to spend their hard earned money. As long as I am not the one paying for it I shut my mouth. Some just can't help themselves.

32. BLUEBLASTER

Posts: 941; Member since: Feb 23, 2014

No. Grammar does not exist on the internet for comments and forums.

33. kiko007

Posts: 7513; Member since: Feb 17, 2016

Yeah... that’s bulls**t. You’re entitled to your opinion, though.

12. midan

Posts: 3013; Member since: Oct 09, 2017

If logo sells why HomePod sales aren't tens of millions? Or the Mac? IPhone can have high price because it's amazing product and it has nothing to do with logo, deal with it Also using hate names for the company tells quite a lot about you, no offense

17. Papa_Ji

Posts: 859; Member since: Jun 27, 2016

Homepod : Logo is not visible and it's not possible to use it outside. So, basically very low sales number.

27. Mrchicago

Posts: 16; Member since: Aug 20, 2016

This is the most idiotic response I’ve seen in a long time. Logo is not visible on the outside so low sales number

13. Zylam

Posts: 1817; Member since: Oct 20, 2010

"Only smart people use Android"

30. RebelwithoutaClue unregistered

You already said that ;)

21. whatev

Posts: 2333; Member since: Oct 28, 2015

Why does this hurt you so much?

22. chris2k5

Posts: 288; Member since: Nov 17, 2012

Studies have shown that Android users are actually low IQ and poorer because they don't have the brains to get high paying jobs. So when you see a person with an Android phone they are low class trash basically.

24. iPhoneFanboy

Posts: 286; Member since: Apr 21, 2018

"Low IQ" Constructs sentence and comment the way you did... LMAO. Good job, Einstein.

29. whatev

Posts: 2333; Member since: Oct 28, 2015

I think this is SICKPOO’s alternate account, the way they troll is too similar

26. Mrchicago

Posts: 16; Member since: Aug 20, 2016

Your response shows everyone who has the low IQ here.

36. apple-rulz

Posts: 2197; Member since: Dec 27, 2016

You are just upset that you are not worth $1,000USD. Lower caste sewer workers like you have no value to your society.

37. kiko007

Posts: 7513; Member since: Feb 17, 2016

You need to calm the hell down. What does his way of life have to do with inanimate objects? Stop being an idiot.

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