©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.
According to Retrevo’s Technology Life Cycle analysis, a new study, 62% of U.S. smartphone owners perceived their phone to be obsolete now or will be obsolete before their contract runs out. And, the phone carriers don’t want the old phone and don’t want to subsidize a new one sooner than every two years.
When the study asked smartphone owners whether they would consider changing smartphones before their contract was up, 48% said they would if the terms were favorable while 20% said a two year contract on their device was fine with them. Others were not sure or might buy an unlocked phone. Read more