{"id":34390,"date":"2019-05-15T12:45:03","date_gmt":"2019-05-15T16:45:03","guid":{"rendered":"http:\/\/www.andysowards.com\/blog\/?p=34390"},"modified":"2023-04-17T18:27:34","modified_gmt":"2023-04-17T22:27:34","slug":"main-reason-dont-need-latest-greatest-smartphone-depreciation","status":"publish","type":"post","link":"https:\/\/www.andysowards.com\/blog\/2019\/main-reason-dont-need-latest-greatest-smartphone-depreciation\/","title":{"rendered":"The Main Reason Why You Don\u2019t Need the Latest and Greatest Smartphone: Depreciation"},"content":{"rendered":"<p>Every smartphone manufacturer seems to make a point of delivering their next generation of smartphones with each passing year. This has always been the way the industry has functioned and it\u2019s not likely to change any time soon. And every year, consumers feast their eyes on the latest shiny new devices, but here\u2019s the thing \u2014 premium smartphone prices seem to keep getting higher each year. Since the introduction of the iPhone X, the idea of a thousand-dollar smartphone doesn\u2019t seem to be as absurd as it used to be.<\/p>\n<p>And from a consumer\u2019s standpoint, that\u2019s a bad thing. Phone manufacturers start to think that they can get away with charging exorbitant amounts of money for incremental upgrades (I\u2019m looking at you, Apple and Samsung). Which then leads me to think that maybe buying the latest iteration of your smartphone of choice doesn\u2019t seem to be a wise way to spend your hard-earned money.<\/p>\n<p>Here are some reasons why you shouldn&#8217;t buy the latest and greatest smartphone:<\/p>\n<ul>\n<li><strong>They are expensive.<\/strong>\u00a0The latest and greatest smartphones are often very expensive, and they can quickly become outdated.<\/li>\n<li><strong>They are not necessary.<\/strong>\u00a0Most people do not need the latest and greatest smartphone. A more affordable smartphone can still do everything you need it to do.<\/li>\n<li><strong>They are not environmentally friendly.<\/strong>\u00a0The manufacturing of smartphones requires a lot of resources, and they often end up in landfills when they are no longer needed.<\/li>\n<li><strong>They can be addictive.<\/strong>\u00a0Smartphones can be very addictive, and they can take away from our time with friends and family.<\/li>\n<li><strong>They can be a distraction.<\/strong>\u00a0Smartphones can be a distraction, and they can make it difficult to focus on work or school.<\/li>\n<\/ul>\n<p>If you are thinking about buying a new smartphone, it is important to consider all of these factors. You may be better off saving your money and buying a more affordable smartphone that will still meet your needs.<\/p>\n<h3>The Duality of Smartphones<\/h3>\n<p><a href=\"https:\/\/www.bbc.com\/news\/business-28605207\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone size-full wp-image-34391 lazyload\" data-src=\"https:\/\/www.andysowards.com\/blog\/assets\/business-style-fashion-smartphones.jpg\" alt=\"business-style-fashion-smartphones\" width=\"660\" height=\"371\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 660px; --smush-placeholder-aspect-ratio: 660\/371;\" \/><\/a><br \/>\n<em>How mobile phones became fashion items<\/em><\/p>\n<p>The trouble here is that smartphones are now slowly becoming two things at once. They primarily act as a means for communication, but they are also slowly becoming something similar to jewelry. The premium price tag they carry also comes with a status symbol of sorts. And well, if we\u2019re going to be practical about the way we spend our money, that premium price tag just isn\u2019t worth the phone that you\u2019re actually getting, even with all the bells and whistles these premium smartphones now come with.<\/p>\n<p>But even if you could afford these prices and you\u2019re willing to buy these phones, there\u2019s just one harsh reality about the smartphone industry \u2014 depreciation. That\u2019s right. As previously surmised, manufacturers make it a point to release new iterations every year. That in itself is a big factor to smartphone depreciation.<\/p>\n<p>The other concept that I\u2019d like to mention is that of the Law of Diminishing Marginal Returns. It\u2019s essentially a point of reference from which the benefits no longer outweigh the effort and money invested. The latest and greatest phones illustrate that concept very well. A lot of manufacturers are guilty of making incremental upgrades to their phones and selling them for a really high price.<\/p>\n<p>With each new release, sometimes last year\u2019s leftovers become the best value for your money. Like, say, with the next batch of iPhones just a few months away, you can definitely expect last year\u2019s iPhone prices to become lower.<\/p>\n<h3>Make Sure Your Upgrade Is Actually An Upgrade<\/h3>\n<p><a href=\"https:\/\/www.pcmag.com\/news\/362455\/in-no-rush-to-upgrade-your-smartphone-youre-not-alone\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone size-full wp-image-34392 lazyload\" data-src=\"https:\/\/www.andysowards.com\/blog\/assets\/In-No-Rush-to-Upgrade-Your-Smartphone-Youre-Not-Alone.jpeg\" alt=\"In No Rush to Upgrade Your Smartphone Youre Not Alone\" width=\"810\" height=\"456\" data-srcset=\"https:\/\/www.andysowards.com\/blog\/assets\/In-No-Rush-to-Upgrade-Your-Smartphone-Youre-Not-Alone.jpeg 810w, https:\/\/www.andysowards.com\/blog\/assets\/In-No-Rush-to-Upgrade-Your-Smartphone-Youre-Not-Alone-768x432.jpeg 768w\" data-sizes=\"(max-width: 810px) 100vw, 810px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 810px; --smush-placeholder-aspect-ratio: 810\/456;\" \/><\/a><br \/>\n<em>In No Rush to Upgrade Your Smartphone? You&#8217;re Not Alone<\/em><\/p>\n<p>Since phone manufacturers are currently offering incremental upgrades, wouldn\u2019t it make sense to just wait for smartphone prices to drop? It\u2019s only a year\u2019s waiting period before you can get your hands on a capable phone. This is the very same reason that I never buy the latest and greatest \u2014 the asking price is just too high for what flagship phones offer. And what\u2019s more is that it\u2019s also really easy to give phones that brand new look by simply adding a skin, whether you buy a skin from third-party manufacturers or you make one yourself with the latest Cameo machine.<\/p>\n<p>I mean, take it from me. I just recently bought a Samsung Galaxy S8 Plus for $500. That\u2019s $350 less than its original asking price of $850. And while you could say that I bought last year\u2019s leftovers, I can at least say that I have a smartphone that\u2019s still relevant in terms of raw processing power, RAM management, design, and camera. And in most cases, it\u2019s just as good as the brand new S9 lineup.<\/p>\n<p>See, to me there\u2019s really no point in getting a fancy smartphone brand new other than for the bragging rights. And I\u2019m not trying to bash anyone who buys phones brand new \u2014 I used to be part of that crowd. But ever since newer models have been coming out and the value of my phones started to depreciate, I suddenly felt like I just threw money away for a few months of clout.<\/p>\n<p>In this case, it\u2019s more a matter of spending your money wisely than it is a matter of being cheap. Because it\u2019s just a harsh fact that life is expensive and we need to be able to stretch our resources as much as we can, even if we\u2019re gainfully employed.<\/p>\n<h3>Get The Most Phone For Your Buck<\/h3>\n<p><a href=\"https:\/\/www.tomsguide.com\/us\/smartphone-buying-guide,review-1971.html\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone size-large wp-image-34393 lazyload\" data-src=\"https:\/\/www.andysowards.com\/blog\/assets\/cheap-tips-smartphone-buying-guide-1024x476.jpg\" alt=\"cheap-tips-smartphone-buying-guide\" width=\"1024\" height=\"476\" data-srcset=\"https:\/\/www.andysowards.com\/blog\/assets\/cheap-tips-smartphone-buying-guide-1024x476.jpg 1024w, https:\/\/www.andysowards.com\/blog\/assets\/cheap-tips-smartphone-buying-guide-768x357.jpg 768w, https:\/\/www.andysowards.com\/blog\/assets\/cheap-tips-smartphone-buying-guide.jpg 1510w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/476;\" \/><\/a><br \/>\n<em>Smartphone Buying Guide: 9 Tips for Finding the Right Phone<\/em><\/p>\n<p>The way that most flagship phones are built to be fragile also seems to be a hint at planned obsolescence. Even the smallest dent can severely harm your smartphone\u2019s resale value. And that simply doesn\u2019t sit well with me, especially with soaring premiums for high-end smartphones.<\/p>\n<p>Incremental upgrades, the fragility of glass sandwich design phones, and the rate at which technology seems to evolve, all contribute to the rate at which smartphones depreciate. It doesn\u2019t help that prices are soaring higher with each iteration, though I do give Samsung credit for selling the S10 series for the same price as when the S9 series first came out.<\/p>\n<p>And well, if you\u2019re truly adamant about getting a brand new device, modern budget phones are actually comparable to older flagships. Some brands like Oneplus are even built around the premise of top-end specs for reasonable prices. Though, truth be told, their prices have also gone up significantly in recent years, especially when compared to their previous offerings such as the Oneplus 1 and the Oneplus 2.<\/p>\n<p>Whatever the case may be, hyped-up flagship phones are just that \u2014 hype. Much like a fashion trend that\u2019s bound to go out of style in the next few months when the next new big thing comes out, most people find it difficult to justify spending a thousand dollars for a device that you\u2019re going to use for a few years. A few of you probably could, but at the end of the day, a flagship smartphone is just that \u2014 a phone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every smartphone manufacturer seems to make a point of delivering their next generation of smartphones with each passing year. This has always been the way the industry has functioned and<\/p>\n","protected":false},"author":1,"featured_media":34393,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[199,7232,1],"tags":[2718,38,10264,8665,7711,6207,303,256,5895,89,5719,482,10263,118,1127,10262,533,6846,10265,8635,6353,5985,5879,7482,21,452],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Main Reason Why You Don\u2019t Need the Latest and Greatest Smartphone: Depreciation<\/title>\n<meta name=\"description\" content=\"Every smartphone manufacturer seems to make a point of delivering their next generation of smartphones with each passing year. 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