Apple’s lengthy battle with Samsung came to a close last Friday when a jury decided Samsung was guilty of infringing six of Apple’s patents, and that it must pay more than $1 billion in damages as a result. Not only was this a huge blow to Samsung, but it appears it’s also hit the Korean company’s customers, too.
One used electronics company has seen a 50% growth in the sale of Samsung devices as customers “jump ship” following its loss.
As a result of this, the resale value of Samsung’s devices has dropped by 10%. MarketWatch reports:
Gazelle.com reports a 50% increase in Samsung smartphones over the past three days, which has led to a 10% drop in prices for those devices. “Consumers seem to be jumping ship,” says Anthony Scarsella, chief gadget officer at Gazelle.com. “We expect this trend to continue, especially with this latest verdict.”
But it may not be just Samsung’s phones that are affected by last Friday’s decision. Some experts are predicting that all Android handsets will feel its effects, and that used Android devices will continue to flood the market for the foreseeable future. According to some, the court decision has created a lot of “uncertainty” about devices running Google’s platform.
This could mean that future Samsung devices are substantially different to those we’ve seen so far, and that the core features customers have become accustomed too may have to change.
But of course, Apple hasn’t quite secured its victory just yet. A hearing on December 6 will decide whether 8 of Samsung’s devices will be banned from sale in the United States, and Samsung has insisted it will appeal last Friday’s decision. This case could still take a twist just yet, then.