MILLIONS of Apple customers have been urged to sell their iPhones before next month when values are forecast to halve, depending on which device you own.
The tech giant’s highly anticipated iPhone 15 is set to be released this autumn.
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It will embody the best parts of Apple’s new iOS 17 operating system which will host a range of new perks.
However, once the iPhone 15 and iOS 17 are unveiled in their full forms, the value of older models is expected to plummet.
Three models in particular are forecast to suffer the most: the iPhone 8, iPhone 8 Plus and iPhone X.
This is because they are the unfortunate trio of iPhones to be locked out of this latest system overhaul.
It means these devices will not be on the receiving end of Apple’s newest features.
According to the latest stats from US phone retailer SellCell, these iPhones will lose chunks of value once iOS 17 is launched.
The drop could happen as quickly as next month.
SellCell has forecast that values could drop as much as 50 per cent once iOS 17 is released.
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That figure is based on what happened to the iPhone 6s and iPhone 7 when iOS 16 was released and these devices lost support.
The iPhone 6S and 7 ranges sank in value an average of 42.8 per cent past their remaining value when Apple rolled out the iOS 16 update in September last year.
“Neither the iPhone X or the iPhone 8 will receive the iOS 17 update, which means the phones won’t get security updates either,” experts at SellCell explained.
“Owners and their data are more at risk of attack by people with malicious intent, like hackers, for example. These models will become obsolete once the new iOS version rolls out to the public.”
This could “spell disaster” for iPhone X and 8 owners who may have been planning on selling their devices in the coming months.
“With Apple no longer supporting the devices, demand will drop significantly,” experts added.
“This means that owners of the iPhone 8 or X will be left with a device that is worth a lot less than it was prior to the iOS 17 announcement, potentially up to 50 per cent of its pre-announcement value.”
Apple is yet to officially reveal when the iPhone 15 will be released.
Hawkish Apple fans have studied previous iPhone release dates to theorise that the iPhone 15 could launch on 5th, 6th, 12th or 13th of September this year – but stay tuned.
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