[PakG1]

Used iPhones retain their value pretty well.

As a user of a second-hand iPhone 5c, I can say that I was quite impressed and am now fully converted from Android. As well, I'm tempted to just buy second-hand phones for the rest of my life now.

[yitchelle]

I think that the state of the hardware is pretty good now that we can consider second hand rather than brand new items. The only concern is whether the software landscape will move slow enough so that the phone/table/TV or other smart device is usable for at least 2-3 years. In older times, when the software was not able to be upgraded so easily, this time period is much, much longer.