Apple will reveal iOS 27 at WWDC on Monday June 8th. For most iPhone owners, the update brings a rebuilt Siri, new Apple Intelligence features, and a refreshed interface. For some, it brings nothing, because their phone won’t be getting it at all and the resale value of that phone will likely dip, according to new data.

Read on for more and don’t forget to subscribe to my newsletter for instant deal updates.

These iPhones Won’t Get iOS 27

Based on reliable leaker Instant Digital’s iOS 27 compatibility list from May, four iPhone models are expected to be dropped from iOS 27 support entirely:

  • iPhone 11 Pro Max
  • iPhone 11 Pro
  • iPhone 11
  • iPhone SE (2nd generation)

If you own any of these phones, Monday’s WWDC keynote is likely to confirm that iOS 26 will be your last major software update. Security patches may continue for a year or two after a device loses iOS support, but new features won’t make it to your phone.

Apple Intelligence Is The Real Dividing Line In iOS 27

Losing iOS 27 support entirely is one thing, but the more interesting story is what happens to the millions of iPhones that will receive iOS 27 but still miss out on Apple’s most significant features.

iOS 27 introduces a completely rebuilt Siri, now available as a standalone app with a chat interface similar to ChatGPT and Google’s Gemini.

A new Search or Ask feature, revealed in leaked renders from Bloomberg’s Mark Gurman, lets users search across their device and the web simultaneously, compose messages, add calendar events, and get AI-powered answers. The new Siri integrates Google’s Gemini AI technology under the hood, and Apple is positioning it as a direct rival to standalone chatbot apps.

The catch is that all of this requires an iPhone 15 Pro or newer, specifically an A17 Pro chip and 8GB of RAM. That means the base iPhone 15, the iPhone 14 Pro, and everything older won’t get the new Siri regardless of whether they can install iOS 27 itself. iPhone 12 through iPhone 15 standard will receive iOS 27 and its performance improvements, but not all of the AI features.

The result is a clear two-tier iPhone experience from September. iPhone 15 Pro and newer get the full package. Everyone else gets a significant but partial update, and that will hit how much those phones are worth.

iOS 27: What Your iPhone Is Currently Worth And Why That Now Matters

If you own one of the four dropped models and are considering upgrading, the timing matters significantly. SellCell shared with me the latest resale values for each affected device as of June 5th, 2026:

  • iPhone SE (2nd gen, 64GB): $39, lost 90.2% of its $399 launch price
  • iPhone 11 (64GB): $88, lost 87.4% of its $699 launch price
  • iPhone 11 Pro (64GB): $122, lost 87.8% of its $999 launch price
  • iPhone 11 Pro Max (64GB): $172, lost 84.3% of its $1,099 launch price

Flipsy, which aggregates cash offers from online and local buyers, found similar values for the same devices. The iPhone 11 Pro Max comes in at $145, the iPhone 11 Pro at $120, the iPhone 11 at $89 and the iPhone SE 2nd generation at $34.

The reality is that these phones have already lost most of their value. As SellCell notes: “Historically, devices that lose software support face additional resale pressure because buyers know their remaining lifespan is becoming more limited. However, the iPhone 11 lineup and iPhone SE (2020) have already lost between 84% and 90% of their original value, meaning much of that depreciation has already occurred.”

In short, selling now before Monday’s official announcement gives you a small window to get ahead of any further depreciation, but the difference will be minimal given how little value remains.

The More Important iOS 27 Resale Warning Is For iPhone 15 Owners

The bigger story, according to SellCell, isn’t the dropped models at all. The iPhone 15 (128GB) still retains 39.8% of its original value and it’s currently worth $318 against the $799 launch price. That’s significantly more value at risk than the older devices.

SellCell’s warning is direct: “The bigger resale story may be whether consumers begin placing a premium on Apple Intelligence-capable devices. If they do, newer non-Pro models such as the iPhone 15 could face greater resale pressure than many expect, despite continuing to receive iOS updates, simply because they miss out on Apple’s latest AI-powered Siri experience.

“With the iPhone 15 still retaining nearly 40% of its original value, it has significantly more resale value at risk than older devices that are already nearing the bottom of the depreciation curve.”

Flipsy’s data drives the point home. The iPhone 15 Pro Max currently fetches $492, while the base iPhone 15 sits at $311. That $181 gap between the Pro and standard model is likely to widen after Monday, when the AI tier difference becomes impossible to ignore for buyers.

If you own a base iPhone 15 and were planning to upgrade, your timing just became crucial. Selling now, before the two-tier reality of iOS 27 becomes widely known, locks in your best price. Wait until September, when the iPhone 18 Pro drops and the AI gap becomes obvious to every buyer, and you might pay a heavy price in lost resale value.

What To Buy Instead To Get All iOS 27 Features

The cheapest entry point into the full iOS 27 experience is a refurbished iPhone 15 Pro, currently available from around $679 at Best Buy and other certified refurbishers. It carries the A17 Pro chip with 8GB of RAM, the minimum spec for full Apple Intelligence, and should receive major iOS updates until at least 2028.

WWDC on Monday will confirm the official iOS 27 device list. Subscribe to my newsletter for iPhone buying guides and instant deal updates.

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