South Korean tech giant Samsung has rightly earned its reputation as the biggest smartphone vendor globally. The tech giant, just like other top phone manufacturers, releases its flagship Galaxy S series annually since the first unit rolled out of its factory in June 2010. Samsung even releases two flagship models each year, the other one being the Galaxy Note series.
Samsung flagship models can’t be said to be cheap but a recent report has revealed that the high price tags which they adopt don’t actually retain their monetary value a couple of months after they are launched. The report published by bankmycell says that all phones lose an incredible amount of value as soon as buyers open the box. The report also particularly called out the Samsung Galaxy phones which it claims loses an insane amount of value during the first month after release.
Samsung sales data shows that last year’s Galaxy S9 base model launched with a price of $720. The initial value of the phone was said to have dwindled by 41.66% within the first month. By nine months after launch, the value was down to $290 (-59.72%). Thankfully, Samsung offers trade-in programmes in most regions which makes it easy to swap the old model for the current one. 
The report also listed the Top 10 flagship phones whose values have depreciated the most as at 2018. You’ll notice some of these phones are older, so it makes sense that they’re losing almost all of their value in 2018, but one phone, the LG G6, is not all that old (March 2017) and lost half of its already low resale value in one year. At the start of 2018, it sat at $220. By the end of the year, it was at $110. Even Apple’s iPhones are not left out of the loss in retail value but the decline in value isn’t as steep as Android phones.
(source)
