Flagship depreciation: Galaxy S7/edge vs LG G5 vs HTC 10 vs iPhone price drops
HTC 10 has lost more than 20% of its price since launch
We are only listing the prices for carrier phones, or compatible unlocked ones straight from the manufacturer, as 80% of US wireless customers shop for phones in this way. Granted, you can get them for cheaper over at Amazon or eBay, but these are mostly international versions either compatible only with AT&T or T-Mobile's GSM networks, or without warranty, and often both, so we stick with the official pricing. We are also not including any current purchase bonuses or promotions, just the cold hard cash required to buy the phone outright from a carrier or manufacturer's store.
Launch price | Current price | |
Samsung Galaxy S7 | $649 (Sprint) - $695 (AT&T) Average: $672 | same |
Samsung Galaxy S7 Edge | $749 (Sprint) - $795 (AT&T) Average: $772 | same |
LG G5 | $630 (T-Mobile) -$689 (AT&T) Average: $660 | $408 (T-Mobile) -$689 (AT&T) Average: $560 |
HTC 10 | $648 (Verizon) -$699 (HTC) Average: $673 | $549 (HTC for all carriers) |
iPhone 6s | $649 | $549 |
So, what's my best bet?
If we look at the graph below, the steepest, 22% price decline for a 2016 flagship went to HTC, but the average numbers don't tell the whole story. The worst offender may be the LG G5, as it can currently be had for ~$400 on T-Mobile, or at Amazon compatible with Verizon's network. That's about a 35% drop from its average launch price, while the Galaxy S7 and S7 edge now go for roughly the same prices they were launched at, for instance, no discounts there.
It was quite the strange year, though, as the Note 7 drama resulted in people picking the S7 or S7 edge instead, while the G5's unorthodox modular construction may have hindered its wider adoption. Apple, on the other hand, is rather predictable with its $100 off the older model when it launches the new one, so you always know it will discount no more than 15% from one iPhone to the next.
Thus, if you want your expensive high-end phone to keep as much value as possible, regardless of whether you are on iOS or Android, the obvious choices seem to be Apple or Samsung, the world's largest phone makers, how's that for an easy choice?
Things that are NOT allowed: