It’s official! Apple iPhones are the best smartphone investment

Smartphones are probably some of the most expensive devices we buy on a regular basis, especially if it updates every one or two years. However, if you want to get your hands on the best camera phone technology, but are also a financial savvy consumer, chances are you prefer to sell or trade in your old phone to get the new one.

If so, you might be interested to hear that a new report has stated that Apple is the best smartphone investment possible. This is because iPhones are apparently much better at holding their value than a smartphone from any other brand.

• Learn more: The best iPhone for photography

A recent report from BlankMyCell confirmation that Apple’s camera phones hold their value much better than equivalent Android phones, offering interesting figures on how much the difference is between iOS and Android devices.

(Image credit: BlankMyCell)

In the chart above, we can see that iPhone devices costing more than $ 700 lose less than 70% of their original value. However, Android devices of a similar value lose more than 80% when it comes to their initial buyback value.

Interestingly, the amount iPhones depreciate over the course of a year is less than half that of an equivalent Android device. In the first year, the iPhone generally depreciates by around 16.7%, while an Android device depreciates by 33.62% in the first year. This is compounded by the fact that flagship Android devices are priced similarly to flagship iOS camera phones.

Based on this informationon, iOS devices appear to offer better value for money when it comes time to upgrade devices.

If you plan on updating your camera phone regularly, it might be a better idea to invest in an iPhone rather than an Android phone. Based on this report, camera phones like the iPhone 12 Pro will likely hold their starting value much better than an equivalent Android device.

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  • According to this source It’s official! Apple iPhones are the best smartphone investment
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