Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

iPhone 5S and 5C Announcements Fails to Impress Loyal Apple Costumers With the Lower Than Expected in iPhone Trade-in Valuations at 269.57 Percent, According to CompareMyMobile
  • USA - English


News provided by

CompareMyMobile

Sep 12, 2013, 03:00 ET

Share this article

Share toX

Share this article

Share toX


(PRWEB UK) 12 September 2013 -- On the day of the iPhone 5S and 5C announcement:

In one month consumers wanting to trade-in their old iPhones could lose up to 30 percent of it’s value

Post this
  • iPhone trade-in valuations are up 269.57 percent across the board, down from 831.93 percent during the iPhone 5 announcement
  • Overall device valuations on the site increased by 54.89 percent, down from 255.29 percent during the iPhone 5 announcement
  • iPhone 5 is the most popular device, with trade-in valuations reaching 1,033 percent, down from the iPhone 4S 3,600 percent increase during the iPhone 5 announcement
  • Apple takes up 46.98 percent of all online valuations
  • Consumers wanting to trade-in their old iPhones a month from now could lose up to 30 percent of it’s value
  • Consumers can earn up to £125 extra by comparing iPhone trade-in prices with comparemymobile.com

Mobile phone recycling comparison site CompareMyMobile.com has reported a 269.57 percent boost in iPhone trade-in valuations – following the announcement of the much awaited iPhone 5S and 5C – as fewer loyal users value to upgrade to the latest device.

The overall increase in trade ins for all devices was 54.89 percent. The site says this does not mirror the reaction to last year’s big reveal of the iPhone 5, which created a 255.29 percent increase in Apple trade-in valuations. This could be a reflection of fans disappointment when the iPhone 4S was released back in 2011.

The impact of previous iPhone releases:

iPhone 5S / 5C
Sept 10th – Announcement day increase in trade-in valuations: 54.89 percent

iPhone 5
Sept 12th – Announcement day increase in valuations: 255.29 percent
Sept 14th – Pre-Order day increase in valuations: 237.74 percent
Sept 21st – Launch day increase in valuations: 367.57 percent

iPhone 4S
Oct 4th – Announcement day increase in valuations: 159.01 percent
**Oct 7th – Pre-Order day increase in valuations: 138.06 percent
Oct 14th – Launch day increase in valuations: 173.20 percent
**Decrease due to people expecting the device top be the iPhone 5 not a iPhone 4S

iPhone 4
June 7th – Announcement day increase in valuations: 141.29 percent
June 24th – Launch day increase in valuations: 159.57 percent
*data from comparemymobile.com

This increased Apple’s trade-in market share, which has taken a hit this year according to the site, due to its lack of releases in comparison to other manufacturers. In 24 hours the share of online trade-ins surged from 25.6 percent to 46.87 percent, it’s highest point being back in Feb 2013 at 50.6 percent of all trade-ins.

Top brands being traded-in:
Apple - 46.87%
Samsung - 18.30%
BlackBerry - 10.27%
Nokia - 9.82%
HTC - 7.59%
*Full data from comparemymobile.com attached

During the iPhone 5 release Apple iPhones as a whole lost 26.34 percent of their trade-in value over a 30 day period. Consumers wanting to sell their old iPhones just one month after the iPhone 5 announcement would have lost between 21-30 percent of the iPhones full value. Consumers can trade-in early and fix their quoted price for 7-14 days.

Example one month decrease in value of the iPhone 4S after the iPhone 5 release in September 2012:
Sept 12th – (Announcement day) Consumers could get up to 325 GBP for their iPhone 4S
Sept 14th – (Pre-Order day) Consumers stand to lose up to 20 GBP just two days after the announcement
Sept 21st – (Launch day) Consumers stand to lose up to 45 GBP just eleven days after the announcement
Oct 12th – Just one month after the announcement of the iPhone 5, consumers lost up to 99 GBP off their iPhone 4S trade in value

Depreciation of existing Apple models on the release of a new iPhone just shows the impact a new release can have on recycler exit routes, and how they adapt to cope with the demand.

CompareMyMobile say that comparing prices when recycling news phones is the best option for people planning on using the cash to put towards the latest device. By using a site like CompareMyMobile.com, consumers can earn up to 125 GBP extra when comparing prices from the 40+ recycling vendors in the UK.

IPhone 5 – Top Price: 295 GBP | Bottom Price: 170 GBP | Difference: 125 GBP
iPhone 4S - Top Price: 210 GBP | Bottom Price: 148 GBP | Difference: 62 GBP
iPhone 4 - Top Price: 133 GBP | Bottom Price: 75 GBP | Difference: 58 GBP
*Full data from comparemymobile.com attached

Co-founder of the site, Ashley Turner said: "Even though there is a severe lack of interest compared with the iPhone releases of previous years, there are important factors consumers need to take into account when selling phones. As of the 11 September 2013, there is a 992 GBP difference in prices offered by recyclers in the UK, it’s important to use a comparison site like CompareMyMobile.com for a consumer to see top value. When recycling, it’s also really important to take the reputation of the company into account too – which is why CompareMyMobile have a star rating system, based on consumers reviews."

About CompareMyMobile

Founded in 2009, CompareMyMobile.com is the UK's #1 source for independent mobile phone, tablet, sat nav, laptop, iPad, iPod and games console recycling price comparison. It delivers customers confidence in making the difficult decision of where to recycle their old phone safely and for the most money. CompareMyMobile.com is 100 percent impartial, comparing prices from more than 40 recycling stores.

Please visit our website, press page or follow our RSS feed for more stories like this.

Ashley Turner, CompareMyMobile, http://www.comparemymobile.com, +44 7590116943, [email protected]

Modal title

Data in text
Data in text
FULL DATA
FULL DATA
Our Company Logo
Our Company Logo
Mascot
Mascot
Data in text FULL DATA Our Company Logo Mascot

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.