According to the latest data released by Mydrivers, the 256GB version of the iPhone 14 has dropped to $870 in third-party stores in China, while the iPhone 13 with the same amount of storage is available on Apple’s website for $876. Just a couple of days ago reportedthat on third-party sites, smartphones are sold for $ 879 (then this price was minimal).
Observers have already calculated that compared to the iPhone 12 and iPhone 13 series released over the past couple of years, the iPhone 14 and iPhone 14 Plus models have set the record for the fastest price reduction. The main reason is that the standard version of the iPhone 14 has not received significant upgrades compared to the previous generation.
In addition, SellCell analyzed the average buyback value of new flagship iPhones, concluding that the iPhone 14 is depreciating much faster than the iPhone 13 last year.
To be more precise, the iPhone 14 fell in price by 38.4%, while last year the price reduction of the iPhone 13 over the same period was 18.2%, and the iPhone 13 mini, which was not in great demand, fell in price by 20.3%.
Against this backdrop, the price of refurbished and used products in the iPhone 13 series rose by an average of 11%, according to the latest report from CounterPoint Research. especially the demand for older Pro models.