© Provided by CNETThe iPhone 12 lineup has retained more value than the Galaxy S21 phones. Patrick Holland/CNET
Samsung's latest lineup of smartphones , launched at the end of January, have already lost around half of their value according to a study published Wednesday by Sell Cell, a site that lets you sell your used phone. Losing the most value is the 256GB Galaxy S21 5G , which is worth 57% less than it retails for, and 51% less for the 128GB model. This means that while the S21 5G sells for $999 new, the most you'll get for selling it is $429.
© Patrick Holland/CNET The Galaxy S21 has four cameras and is $29 cheaper than the iPhone 12 and its three cameras. Are more cameras better? Or do you get better photos and videos with a higher price?
The Galaxy S21+ 5G is worth around 50% less for 256GB and 45% less for 128GB. The Galaxy S21 Ultra lost the least value -- but is still worth 47% less for the 128GB model and 53% less for the 256GB model.
Read more: Samsung Galaxy S21's three models compared: S21 vs. S21 Plus vs. S21 Ultra
"Despite only launching in January 2021, all handsets have lost almost 50% of their value," Sell Cell said in its report. "That is a substantial loss, considering they have only been on the market for three months."
By comparison, the iPhone 12 range has fared better in retaining its value despite launching 2 months earlier than the Samsung phones. According to the study, the iPhone 12 Mini 256GB lost the most value, at 33%. Losing the least value was the iPhone 12 Pro Max 128GB, which has depreciated by only 18%.
Read more: iPhone 12's four models compared: Differences between iPhone 12, Pro, Pro Max and Mini