According to a CryptoMonday data presentation, Motorola phones depreciate very fast, while the iPhone is the most valuable smartphone.
The Motorola phone depreciation rate is above 85% per year. CryptoMonday CEO Jonathan Merry has this to say: Motorola One Hyper had the poorest performance of any handset traded during 2021. It lost an astounding 85.7% of its value over the year.” He went on. “The Razr is similarly in a deplorable state, having lost 85.3% of its value over the previous year. The Motorola One 5G had a decrease in value of 83.8% and currently sits in fourth place. The trend shows how Motorola is quickly depreciating.
But back to the iPhone.The Apple brand took nine positions out of the 10 most resold smartphones. The iPhone 11 assumed the first position, followed by the iPhone XR, and the iPhone 12 Pro Max took third place.
The research by the cryptocurrency company also established that men would outnumber women in 2021 when exchanging their smartphones. Besides, the age bracket of 25 to 34 traded in the most in smartphones, accounting for about 28.04% of all trades. What’s more, only 6.57% of traded technology belonged to those over 65.
Android vs. iOS
The iPhone 12 series performed the best considering all factors. CryptoMonday found that the value of the iPhone 12 Pro Max dropped by only 31.7% throughout 2021.
The Google Pixel 5 also did reasonably well. It appeared at position five among the top five phones with the least amount of depreciation.
CryptoMonday says that, generally, IOS performs better in maintaining their value compared to android phones. Most androids have a high depreciating value, as the research revealed.
