Your smartphone loses half its value in a month, claims study

According to the findings, only Iphone retain their value more than android phones. (Source: ThinkStock)
Planning to buy a new smartphone? Remember that the device may lose half of its value in a month which is even faster than your car, says an interesting study.
While cars typically lost 20 per cent of their value a year after being driven off, money-draining smartphones went down to 65 per cent of their value in just a month of being released, musicMagpie.co.uk reported on Thursday.
The find