Cuts usually occur when the next range launches.
Note that we refer to the XS/XR and older range. The earlier one this year now brings the devaluation on an XS Max from $600 to $450 (A$300+) since January.
One of the reasons that Apple had such a good resale value is that it had an artificially high-value trade-in program.Īccording to MacRumors (the legitimate source of everything Apple), Apple has cut the maximum trade-in value (prices in US$) from $30-50 (A$60-100) on its XS and XR range. Now, these devices are worth a whole lot less. The Apple trade-in program has quietly devalued your old iPhone, iPad or Mac.