This one phone lost 91% of its value after just 12 months

As soon as your new smartphone is taken out of the box, it starts to lose value. , if tradition holds, the current generation of iPhone models will lose 15% of their valuation within one month following the launch of the iPhone 12 line. Speaking about the 2019 iPhone models, Decluttr’s annual Phone depreciation report made a fascinating  discovery: the more expensive a phone, the less amount of money it loses to depreciation. For example, 2018’s and cost $999 and $1,099 at launch. Over the handsets’ first six months, they lost 43% and 42% respectively. On the other hand, the , which …