Anyone who has recently purchased the new Galaxy S23 from Samsung might be concerned about how much it's now worth. According to new research from US trade-in firm SellCell, Samsung's 128GB flagship loses a whopping 43.1% of its original value just one month after purchase. That fast depreciation means the $799 Galaxy S23 is worth just $455 should an owner feel the need to sell the device after having it tucked in their pocket for just 30 days.
That's a staggering amount to lose and it could convince some to opt for an iPhone instead. Apple devices are renowned for holding their value much better than their rivals and it seems that tradition is continuing in 2023.
For example, the iPhone 14 lost around 36% of its original cost over the same period which means the $799 call maker can be sold via trade sites for $506. That means the latest iPhone drops 1.4 times less than Samsung devices making them better value to own.
