With the announcement of the new MacBook Air and Pro models at Apple's annual event for technology developers, many consumers are trying to sell their old models, according to SmartMoney.
Shutterstock
SALT LAKE CITY — With Apple CEO Tim Cook's announcement of the new MacBook Air and Pro models at the company's annual event for technology developers Monday, many consumers are trying to sell their old models, according to SmartMoney.
"Yesterday was our highest day ever for overall Macbook trade-ins," Gerald Kimber-White, a spokesman for retail site gazelle.com, told SmartMoney. Resales were experiencing a five-month drop until this week, Jeff Traschel, CEO of nextworth.com, told SmartMoney.
With so many old models flooding the market, their resale value has dropped quite a bit, according to the article. An 11-inch MacBook bought for $999 in 2010 may now be worth less than $250, and prices might decline even further.
MacBooks usually lose their value faster than iPads and iPhones, partially because people keep them longer, Yung Trang, president of techbargains.com, told SmartMoney. MacBooks lose about 70 percent of their value within two years, Kimber-White told SmartMoney. iPhones, on the other hand, usually depreciate by 50 percent, according to a study by Priceconomics, a price comparison site. MacBooks don't experience a 20-percent price drop immediately after the new models hit the market, Traschel told SmartMoney, but iPhones and iPads do.
EMAIL: bbullock@desnews.com
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
— About comments
- How colleges take from the poor, give to the...
- Mistake or miracle: New evidence on the...
- Can't catch a break: America lags behind on...
- Delta ups ante in battle for N.Y.
- Low US energy prices make Euro leaders see green
- Some unions angry about health care law
- Utah ranks No. 1 for economic outlook for...
- UDOT to install new drainage system in...
Subscribe
Mobile
RSS
- S.L. draws up airport plans
33 - Couples registry gets preliminary nod... 29
- US companies challenging contraception... 20
- Should we let wunderkinds drop out of... 13
- Obama opposes GOP bill on Keystone XL... 11
- How colleges take from the poor, give... 10
- IRS official to take the 5th at hearing 8
- Obama threatens veto of Republican... 7
The MacBook was also discontinued almost a year ago. MacBooks have lost their value because newer model Apple laptops have had fairly big upgrades at comparable prices to original MacBook prices.
I don't quite buy this article. I think a $250 2010 MacBook Air would sell in minutes on KSL.com.
Bad article!! The worth of something is based on whatever someone will pay for it, right? Of course if you trade in your MacBook air for cash to a business, you might not get much. But what is a person willing to pay? A 999 MacBook air that is 2 More..