Google Pixel 8’s Resale Value Drops Faster Than Apple’s iPhone 15: Reports

HomeTech NewsGoogle Pixel 8's Resale Value Drops Faster Than Apple's iPhone 15: Reports

Highlights

  • Pixel 8 experiences a significant 63.7% drop in resale value within the first ten days post-launch.
  • iPhone 15 exhibits a slower depreciation rate, losing 28.8% of its value since its release.
  • iPhone 13 outperforms both recent models with the best value retention a month post-release.

In the dynamic smartphone market, the inevitability of depreciation hits hard and fast post-launch.

Recent insights from SellCell, which consolidates data from multiple buyback vendors, reveal a stark contrast in the value retention trajectories of the latest industry titans – the Google Pixel 8 and the Apple iPhone 15.

Apple’s Slow and Steady Value Decline

The iPhone 15, adhering to Apple’s legacy, showcases a slower depreciation curve. It has seen its worth decline by 28.8% since its debut.

Apple iPhone 15
Apple iPhone 15

This translates into an average $338 dip in value – a notable drop but one that’s less severe than its predecessor, the iPhone 14, at the same post-launch period.

Interestingly, the iPhone 13 still reigns as the champion of value retention among its kin, shedding just 18.7% a month after its introduction.

Google’s Steeper Slide

Conversely, the Pixel 8 has experienced a precipitous fall in market value.
Within a mere ten days following its release, the device saw an astonishing 63.7% plunge in resale value – a rate that more than doubles the depreciation percentage of the iPhone 15.

This stark contrast highlights the variance in post-purchase value sustainability between the two flagship devices.

Longevity Beyond Value

Google Pixel 8's Resale Value Drops Faster Than Apple's iPhone 15
Google Pixel 8’s Resale Value Drops Faster Than Apple’s iPhone 15

Despite the rapid devaluation, both the iPhone 15 and Pixel 8 stand as pillars of technological innovation, promising extensive support in the years ahead.

For consumers planning to extend their device’s lifecycle for a few years, the initial depreciation might seem less concerning.

Nonetheless, the immediate loss in value can be disconcerting for any tech enthusiast or investor.

GOOGLE PIXEL 8 KEY SPECIFICATIONS

Key Specs

RAM 8 GB
Processor Google Tensor G2
Rear Camera 64 MP + 48 MP + 12 MP
Front Camera 16 MP
Battery 5000 mAh
Display 5.8 inches (14.73 cm)

General

Launch Date May 10, 2023 (Unofficial)
Operating System Android v12

Performance

Chipset Google Tensor G2
CPU Octa core (2.85 GHz, Dual core, Cortex X1 + 2.35 GHz, Dual core, Cortex A78 + 1.8 GHz, Quad core, Cortex A55)
Architecture 64 bit
Fabrication 4 nm
Graphics Mali-G710 MC10
RAM 8 GB

Display

Display Type Super AMOLED
Screen Size 5.8 inches (14.73 cm)
Resolution 1080 x 2268 pixels
Pixel Density 433 ppi
Screen to Body Ratio (calculated) 79.46 %
Bezel-less display Yes with punch-hole display
Touch Screen Yes, Capacitive Touchscreen, Multi-touch

Design

Height 150.5 mm Compare Size 
Width 70.8 mm
Thickness 8.9 mm

Camera

MAIN CAMERA
Camera Setup Triple
Resolution 64 MP f/1.9, Wide Angle, Primary Camera
48 MP f/3.5, Telephoto Camera
12 MP f/2.2, Ultra-Wide Angle Camera
Autofocus Yes
Flash Yes, LED Flash
Image Resolution 9000 x 7000 Pixels
Settings Exposure compensation, ISO control
Shooting Modes Continuous Shooting
High Dynamic Range mode (HDR)
Camera Features Digital Zoom
Auto Flash
Face detection
Touch to focus
Video Recording 1920×1080 @ 30 fps
FRONT CAMERA
Camera Setup Single
Resolution 16 MP f/2.2, Ultra-Wide Angle, Primary Camera
Video Recording 1920×1080 @ 30 fps

Battery

Capacity 5000 mAh
Type Li-Polymer
Removable No
Quick Charging Yes, Fast
USB Type-C Yes

Storage

Internal Memory 128 GB
Expandable Memory No

Network & Connectivity

SIM Slot(s) Dual SIM, GSM+GSM
SIM Size SIM1: Nano, SIM2: eSIM
Network Support 5G Not Supported in India, 4G Supported in India, 3G, 2G
VoLTE Yes
SIM 1
4G Bands:
TD-LTE 2300(band 40)
FD-LTE 1800(band 3)
3G Bands:
UMTS 1900 / 2100 / 850 / 900 MHz
2G Bands:
GSM 1800 / 1900 / 850 / 900 MHz
GPRS:
Available
EDGE:
Available
SIM 2
4G Bands:
TD-LTE 2300(band 40)
FD-LTE 1800(band 3)
3G Bands:
UMTS 1900 / 2100 / 850 / 900 MHz
2G Bands:
GSM 1800 / 1900 / 850 / 900 MHz
GPRS:
Available
EDGE:
Available
Wi-Fi Yes, Wi-Fi 4 (802.11 b/g/n)
Wi-Fi Features Mobile Hotspot
Bluetooth Yes, v5.2
GPS Yes with A-GPS, Glonass
USB Connectivity Mass storage device, USB charging

Multimedia

Loudspeaker Yes
Audio Jack USB Type-C

Sensors

Fingerprint Sensor Yes
Fingerprint Sensor Position On-screen
Other Sensors Light sensor, Proximity sensor, Accelerometer, Compass, Gyroscope

FAQs

How does the Pixel 8’s value retention compare to the iPhone 15’s?

The Pixel 8’s value retention is notably lower than that of the iPhone 15. Within just ten days after its release, the Pixel 8 saw a sharp 63.7% decrease in resale value, while the iPhone 15’s value went down by 28.8% since its launch.

Why is the Pixel 8 depreciating so rapidly compared to the iPhone 15?

Market trends historically show that Apple products maintain their value longer than Android devices. The rapid depreciation of the Pixel 8 could be due to several factors, including market perception, demand, and brand loyalty associated with Apple’s products.

How does the iPhone 13 compare with the iPhone 15 in terms of value retention?

The iPhone 13 has shown superior value retention compared to the iPhone 15. A month after its release, the iPhone 13 had depreciated by only 18.7%, suggesting that not all new models follow the same depreciation pattern.

What should consumers keep in mind about the depreciation rates of smartphones?

Consumers should be aware that all smartphones depreciate over time, but the rate can vary significantly between models and brands. While depreciation is a factor to consider, it’s also important to focus on the phone’s features, support lifespan, and how well it meets individual needs.

Also Read: Google Pixel 8 Pro Features, design and colour variants confirmed by official website ahead of October Launch; Check the 360 degree preview

Also Read: Google Pixel 8 Pro hands-on images leak: Confirm major design changes; may get a big battery boost over Pixel 7 

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