EBAY has released data showing that Australians planning to buy the impending new versions of the Samsung Galaxy and the Apple iPhone could collectively make about $15m if they sold their older phones online.
The data was collected based on the average selling price of a second-hand iPhone 5 and Samsung Galaxy s4.
Despite being released nearly a year ago, the average selling price for an iPhone is marginally more than the recently launched Samsung Galaxy s4 - and if you are thinking of putting your phone online, Sunday is the most popular day of the week to purchase.
Ebay spokeswoman Megan English said iPhones had held their value online.
"With so many Australians on contracts, it is hard to know how much your phone is worth and as trading in your old smartphone becomes more popular, we've seen iPhones in particular really hold their value online," she said.
"For example, the average selling price of the Apple iPhone 5 has only fallen $50 since March and is still fetching over $550 for a single handset."
In the first six months of 2013 nearly 200,000 mobile phones and nearly five million mobile accessories were purchased by Australians.
On eBay.com.au, an average 15 iPhones have been purchased per hour since April, compared to five Samsung handsets.
This has remained steady for the Apple iPhone, however sales per hour for the Samsung Galaxy handset decreased by 28%.
The top five search terms in the mobile category on eBay:
- iPhone 5
- Samsung Galaxy s3
- iPhone 4s
- iPhone 4
- Samsung Galaxy s4
"Compared to other brands and models, consumers are most interested in the iPhone 5 with searches for the smartphone increasing by 12% since April," English said.
"With 253,752 searches, compared to 178,179 for the Galaxy s4, iPhone 5 owners can be confident that there is an appetite for new and used iPhones."