Just like many of the physical items that you purchase, your smartphone loses value over time due to depreciation. This erosion of value is ; throughout last year the company tracked buyback values of 310 popular smartphones on an hourly basis. According to a new report it published, based on handsets with an initial buyback price of $700 or higher, Android phones lose value twice as fast as iOS models over the first two years of ownership.
As soon as you take a phone home and unwrap it, the clock starts ticking and the depreciation begins. …
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