With the highly anticipated release of the Apple iPad 3 coming maybe as soon as March 7, owners of older iPads may be searching for a way to sell their device for as much value as possible. Well, they are in for some good news.
According to the electronics retailer Gazelle and the research firm Decide, as culled by CNN, an iPad can be resold for about half its original price within a year of its time on the market. Amazon Kindles, however, are generally worth between 25 percent and 33 percent of their original price a year after their releases. All Kindle values drops even lower after a year on the market.
Sources say that, on average, Kindles depreciate 22 percent faster than iPads. Some argue that the iPad’s price compared to the Kindle’s price is the reason why the values are considerably different. Apple tends to upgrade their devices at a much slower rate compared to Amazon, which releases products at a steady rate for a drastically lower price.