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Home / Technology / Samsung Galaxy S21 phones have lost half their value since January, the study says

Samsung Galaxy S21 phones have lost half their value since January, the study says



Galaxy S21 vs.  iPhone 12 camera compare

The iPhone 12 series has retained more value than the Galaxy S21 phones.

Patrick Holland / CNET

Samsung’s latest flagship smartphones, launched in late January, have already lost about half their value, according to a study published Wednesday by Sell Cell, a website that lets you sell your used phone. Losing the most value is the 256 GB Galaxy S21 5G, which is used is worth 57% less than it is sold for when it is new, and 51% less for the 128 GB model. This means that while the S21 5G goes for $ 999 new, you get the best-selling the $ 429.

Galaxy S21 + 5G is worth around 50% less for 256 GB and 45% less for 128 GB. Galaxy S21 Ultra lost the least value, but is still worth 47% less for the 128 GB model and 53% less for the 256 GB model.

Read more: Samsung Galaxy S21s three models compared: S21 vs. S21 Plus vs. S21 Ultra

“Despite the fact that it was first launched in January 2021, all phones have lost almost 50% of their value,” Sell Cell said in its report. “This is a significant loss, given that they have only been on the market for three months.”

In comparison, the iPhone 12 series is clearly better at retaining its value despite the fact that it was only launched a few months earlier than the Samsung phones. According to the study, the iPhone 12 Mini 256 GB lost the most value, at 33%. Losing the least value was the iPhone 12 Pro Max 128 GB, which has only weakened by 18%.

Neither Samsung nor Apple responded immediately to a request for comment.

Read more: iPhone 12s four models compared: Differences between iPhone 12, Pro, Pro Max and Mini


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