Hyderabad, March 3 -- The iPhone 17 Pro Max may be the most powerful phone Apple has ever made, but that hasn't stopped it from flooding the resale market in the United States. With Apple officially announcing the budget-friendly iPhone 17e on Monday, March 2, with sales beginning March 11, the churn is only likely to accelerate.

According to a recent report by SellCell, the iPhone 17 Pro Max now ranks first in the resale market, accounting for 11.5 per cent of the top 20 most traded-in devices. What makes this notable is that the phone is holding its value better than its predecessor, depreciating 25.4 per cent in its first 145 days, compared to the iPhone 16 Pro Max, which had fallen 32.5 per cent over the same period.

That's a 7 per ...