Is the iPhone's Resale Value Myth Busting? iPhone 16 Series Sees Price Drops Less Than a Month After Launch

Is the iPhone's Resale Value Myth Busting? iPhone 16 Series Sees Price Drops Less Than a Month After Launch

Is the iPhone's Resale Value Myth Busting? iPhone 16 Series Sees Price Drops Less Than a Month After Launch

Apple iPhones have always been known for their high resale value. However, with Apple's recent slowdown in product upgrades and "toothpaste-like" upgrade strategy, the iPhone's resale ability has gradually declined. Now, the launch of the iPhone 16 series seems to have set a new record, with the entire lineup experiencing price drops less than a month after release.

In Pinduoduo's "Billions of Subsidies" event, the entire iPhone 16 series has already fallen below its initial launch price. Current prices offer discounts ranging from 450 to 700 yuan. Notably, the iPhone 16 Plus is now available for as low as 6299 yuan, 700 yuan less than the official price of 6999 yuan - equivalent to a month's worth of bubble tea.

Objectively, the iPhone 16 boasts significant upgrades. It features the powerful A18 processor, 8GB RAM, Apple's intelligent AI capabilities, and improved camera specs. These upgrades make it one of the most notable standard versions in recent years. For users considering the standard version, it's certainly a good deal.

While the iPhone 16 Pro series boasts two powerful new models with excellent user experiences, the upgrades are limited compared to the previous generation. The newly added camera button is also not well-received. Perhaps consumers have grown tired of the monotonous design and incremental upgrades, leading to a decline in the demand for Apple's used phones.

Moreover, Apple's recent price wars in the Chinese market, while effective in boosting sales, have shattered the myth of Apple's resale value. The discounting strategy, while leading to short-term sales growth, has also lowered user expectations for Apple products, making users more inclined to wait for the next generation and purchase it at a lower price.

In conclusion, the price drop of the iPhone 16 series signifies a downward trend in Apple's resale value. This could be attributed to consumer disappointment with Apple's "toothpaste-like" upgrades and the intensified market competition. If you are looking to purchase a new iPhone, taking advantage of the current price drops might be a good option.