iPhone 13 holding value for longer following global shortages

The iPhone 13 is holding its value for longer than other iPhones due to global shortages.

According to SellCell, the iPhone 13 lineup has seen lower levels of depreciation than other models. The models have depreciated by 25.5% on average, which is lower than the iPhone 11 which lost 44.6% of its value and iPhone 12 which lost 41% after two months of ownership.

Indeed, some models have even seen their values increase from second-month drops, with the iPhone 13 Pro Max with 1TB of storage gaining a percentage of its value. As expected, it’s the iPhone 13 mini that’s seen the biggest drop in value since its launch, with the 128GB and 256GB losing 5% and 7.5% this month respectively, but that’s still lower than previous models.

There are a number of reasons why the reduced rate of depreciation may be, but perhaps the most likely is the ongoing component shortages around the world. Shipping delays have also played a part in the pricing, as well as production cuts which have pushed up the price of used and nearly-new devices.

Are you surprised to hear this news? Would you consider buying a second-hand iPhone 13? Let us know and check back soon for the latest from Apple, right here on AppleMagazine.

About the Author

News content on AppleMagazine.com is produced by our editorial team and complements more in-depth editorials which you’ll find as part of our weekly publication. AppleMagazine.com provides a comprehensive daily reading experience, offering a wide view of the consumer technology landscape to ensure you're always in the know. Check back every weekday for more.