Your Phone Loses Value Pretty Fast (Unless It’s an iPhone)
“It’s probably hard for a Mercedes owner to describe to a Honda owner how attention to detail makes their driving experience better.”
- MG Siegler [on why the iPhone is superior to Android]
“Let’s not let our preferences (and that’s all they are, preferences, not empirical facts) dictate how we think about and relate to other people.”
- Joshua Topolsky [strenuously disagreeing with Siegler’s position]
The empirical facts are in, and the iPhone is wiping the floor with Android and BlackBerry in terms of resale value.
At Priceonomics, we firmly believe that resale value is the best objective indicator of product quality. If you wanted to figure out the best cell phone, you could look at all the reviews, test out all the phones, talk to all the experts, but still your assessment will be subjective. Or you could let the market tell you which phones are the highest quality by seeing which ones best retain their value over time.
Priceonomics phone pricing data strongly indicates that Apple phones are a better value than smartphones on other platforms. The market has spoken, and Android and Blackberrys do not age well.