It's no secret that high-end Android smartphones drop in price rapidly compared to Apple's iPhone, but a recent report by SellCell, the US's top phone and tech trade-in site, shows just how dizzyingly rapid the drop can be.
The company analyzed sales data for iPhone 13, Samsung Galaxy S22, and Google Pixel 6 smartphones, examining the trade-in value of all models from each respective range for the first two months following the launch of the handsets.
All handsets were considered "like new" or in "good" condition.
The findings make terrible reading for Samsung Galaxy S22 and Google Pixel 6 buyers:
Depreciation for devices in "like new" condition
Depreciation for devices in "good" condition
So there you have it, a Samsung Galaxy S22 can lose almost two-thirds of its value in two months. That's a staggering level of depreciation for a device with such a hefty price tag.