Analyst: iPhone Holds Value Better Than Samsung Devices
Analyst Gene Munster from Piper Jaffray is citing that the iPhone holds its value much better than other samsung devices, indicating support for the iPhone is still strong.
Over the four months (April-July), Munster tracked various prices in the resale market. He found that the iPhone 4 actually jumped in value by 10.3 percent, while the iPhone 5 declined 3.75% and the iPhone 4S dropped 11.85%. Samsung saw the Galaxy S3 lose 27.3% of its value while the Galaxy Note 2 dropped 35.5%.
Munster's data does not provide the entire picture of the resale market since its based solely on eBay sales in the US. There is also some data from China:
The situation was similar in China. Since the start of April, the iPhone 5 dropped 7.2 percent in resale value, the iPhone 4S fell by 14.3 percent, and the iPhone 4 grew by 1.4 percent. The value of Samsung's Galaxy S4 fell by 14.3 percent, the S3 by 24.1 percent, and the Note 2 by 23.6 percent.
Any rapid drop in iPhone resale prices usually means consumers waiting for a new model or jumping ship over to another vendor. However this data is a sign that customers are still enjoying their iPhones, in no rush for a 5S upgrade.