How to calculate Depreciation on Iphone 5s

Question

Level 1

4 points

How to calculate Depreciation on Iphone 5s

Dear Team,

Greeting for the day!

As its been 8 months, i am using your product (Iphone 5s).

Now i want to sell this one and want to upgrade to Iphone 6s. Please tell me about how to calculate the depreciation on the phone and also with useful life in years of Iphone 5s, Salvage value,Depreciation rate.

Thanks you !

Rahul Jasoriya

iPhone 5s, iOS 9.2

Posted on Oct 14, 2016 1:56 AM

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Answer 1

ckuan

Level 10

120,926 points

Oct 14, 2016 2:07 AM in response to RJ 656

Search the Internet on used iPhone and price accordingly.

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Answer 2

anonyme4321

Level 6

17,275 points

Oct 14, 2016 2:08 AM in response to RJ 656

Hi,

We are not Apple employees here, we are users just like you ^^

The estimated trade-in value of an iPhone 5s in an Apple Store is 90$, according to this page: http://www.apple.com/iphone/trade-up/

I would try to sell it on eBay/Craigslist as you should be able to get more bucks there.

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