Worst Times To Buy An iPhone In (2024) | Summary and Q&A

TL;DR
Avoid purchasing an iPhone just before new models release in September or shortly after a new launch.
Key Insights
- β Steer clear of buying an iPhone just before Appleβs September announcements to avoid high prices.
- π₯Ά A preferable strategy is to wait a few weeks post-launch, as many users sell their old models.
- π Waiting for new iPhone models, especially the SE, ensures buyers get the latest technology.
- π₯Ά Apple tends to drop prices of older models significantly following a new release, presenting an opportunity for savings.
- π Pre-ordering the latest iPhone is a solid option for immediate upgrades but requires strategic timing to avoid overpaying.
- π―οΈ The market dynamics right after the iPhone launch significantly affect pricing and availability of used models.
- π¨βπ¬ Buyers can benefit from doing research on release cycles to make informed purchasing decisions regarding iPhones.
Transcript
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Questions & Answers
Q: Why should you avoid buying an iPhone right before September?
Buying an iPhone right before September is discouraged because Apple typically releases new models during that month. Prices for existing models tend to drop significantly once new versions are announced, making it financially unwise to purchase just before this time.
Q: What happens to the market right after a new iPhone is launched?
After a new iPhone launch, many users sell their older devices to upgrade. This creates a surplus of available used iPhones, often leading to lower prices. It is advisable to wait a couple of weeks to purchase a used model from someone who is upgrading.
Q: Is it advisable to buy an iPhone SE close to its release?
It is not advisable to purchase an iPhone SE shortly before its release, as new models are often rumored to have advanced features. If you're considering an iPhone SE, it's better to wait for the next release cycle instead of buying the existing model.
Q: How often does Apple release a new iPhone SE?
Apple typically releases a new iPhone SE approximately every 3 to 4 years. These intervals create opportunities for advancements in technology, meaning those considering an iPhone SE may want to wait for the upcoming model, rumored to enhance features and performance.
Summary & Key Takeaways
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It is advised to avoid buying an iPhone shortly before new models are released in September, as prices for current models drop significantly afterward.
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Additionally, waiting a few weeks after a new iPhone launch could benefit buyers, as many people often sell their previous models during this time.
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If considering models like the iPhone SE, it's recommended to wait for new releases rumored to be more advanced, typically every 3 to 4 years.
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