Saturday, February 24, 2024

iPhones are the most popular devices for trade-in, upgrade programs

The top device is the iPhone XR

iPhones accounted for the top five devices received during the first quarter of 2021 from trade-in and upgrade programs. This is per a new report from Assurant, a provider of lifestyle and housing solutions.

What does the Assurant report evaluate?

The report is an analysis of the mobile device trade-in and upgrade market for the first quarter of 2021. Q1 2021. It reveals the mobile trade-in industry returned more than US$668 million to U.S. consumers during the first quarter of 2021. That’s a 25% increase from $535 million in the same quarter of 2020. 

Assurant’s mobile trade-in industry analysis reveals:

° The top device was the iPhone XR, followed by the iPhone 8, iPhone 8 Plus, iPhone X, iPhone 7.

°  The Samsung Galaxy S9 was the top Android device of quarter one of 2021.

°  The average age of a device when turned in was 3.15 years.

° The average trade-in value for an iPhone in the first quarter of 2021 was $192, while the average trade-in value for an Android smartphone was $96; overall, the average value of a smartphone at trade-in was $134.

° The highest-valued smartwatch at trade-in in Q1 2021 was the Apple Watch Series 6 at $212, followed by the Apple Watch Series 5 at $176.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.