As the fall season approaches, it brings with it the promise of iOS 17, Apple’s latest operating system, set to add a host of fresh, fun, and functional features to your iPhone. These updates range from personalized contact cards and live voicemail services to a rainbow of delightful stickers. However, not all devices currently operating on iOS 16 will be able to welcome these new offerings. In a recent announcement at the Worldwide Developers Conference (WWDC), Apple specified that iOS 17 will only extend support to iPhone models XS and newer. This news leaves the iPhone 8 and iPhone X, both unveiled in 2017, at the end of their journey for major updates, with only security updates to look forward to.
Are you an owner of either the iPhone 8 or iPhone X? If so, you’re likely considering an upgrade. Furthermore, if you’re keen on getting the best possible return for your current device, it’s strongly recommended that you sell it sooner rather than later. A recent report from SellCell, a renowned phone trade-in website, suggests that the iPhone 8 and X could witness a drastic drop of nearly 50% in their current value once iOS 17 makes its official debut in September.
In their report, SellCell notes, “The iPhone 6S and 7 series experienced a sharp depreciation of 42.8% on average across all models when iOS 16 was launched in 2022.” To put things in perspective, the iPhone 7 Plus trade-in price plummeted from $138 in June 2022 to a mere $80 by September 2022. Similarly, the iPhone 6S Plus saw a drop from $94 to $47 over the same period.
Fast-forward to June 14th of this year, the iPhone X and iPhone 8 Plus fetched maximum trade-in prices of $193 and $150, respectively. These figures represent quite impressive returns for devices nearing the six-year mark. However, the experts at SellCell anticipate a rapid fall in these prices once iOS 17 enters its Beta release phase, which is only two to three weeks away.
While it’s important to acknowledge that SellCell naturally benefits from users selling their old iPhones sooner, their logic isn’t flawed. If you desire to stay current with the latest advancements in Apple’s operating system, you’ll need to own an iPhone XS or a newer model. This means that selling your older device while its current trade-in value is still relatively high makes sound financial sense.
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In a rapidly evolving tech world, being left behind with an unsupported device is far from ideal. With the advent of iOS 17, Apple clearly aims to push its user base toward newer models, those capable of supporting and maximizing the features of this upcoming OS. If you’re still clinging onto your iPhone 8 or iPhone X, now might be the perfect opportunity to upgrade and get the most out of your soon-to-be old iPhone before its trade-in value significantly drops. It’s a win-win situation – you enjoy a shiny new device while also securing the best possible return on your old one.
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