Proper headline: Economy sucks, inflation is higher than ever, so people have to hold onto their devices longer.
But you guys not buying new phones is reducing productivity by a third of a percent! Think of the potential losses!
This is a good thing and CNBC centers on the poor shareholders. Reduction of ewaste in this small area is positive.
Now I want to hold my devices longer so the economy destroys even faster
wHy ArE mIlLeNnIaLs DeStRoYiNg ThE pRiCe Of ____?!#1
Because we don't have any fucking money, idiot.
Fuck this shit. Pay us more.
C O N S U M E
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Maybe if more of "the economy" went into the pockets of consumers they'd have money to buy phones as often as they used to.
Fuck the economy. It can eat my ass.
Also with moore's law's death, why the fuck would anybody believe this productivity bullshit? Any device from 5 years ago can do what a device today can.
One more thing, wtf is this entitlement from electronics importers. Apple, google, samsung, etc can all fuck off until they move manufacturing back to north america.
29 months is long? What good for "the economy"? New phone every year?
I kept my last phone (pixel 3A) for 6 years. Only got rid of it when it finally stopped charging.
29 months?! I don't get rid of my device until it doesn't hold a charge for longer than 10 minutes and no longer has security updates provided...My last phone was 7 years old.
God forbid we sacrifice one-third of a percent of productivity to reduce our impact on nature.
...so the joke goes... A woman comes into the store where she bought a toaster 45 years previous, she wishes to compliment the company for its many years of use and get a new toaster. The salesman is beside himself and calls his supervisor. The supervisor is also surprised and calls his boss in regional sales. Eventually, the woman is sent to the President of the company where she is thanked for her continues patronage, and is given a new toaster. The President of the company takes the old toaster to his Research and Development Department, and tells them, "Find out how this lasted so long and make sure it NEVER happens again!"
The most hilarious thing about this is that a toaster, being little more than a spring-loaded tray and heating elements, should last for decades to come. But they don't, because profits.
Good. If the economy is designed to only survive with constant spending then fuck it
Only 29 months?! That’s a bit wasteful unless it’s being handed down…
Only two years? Seriously?
Why? It's not 2010s anymore, even 5-year-old devices still get updates these days. How are people affording to drop $1K on a new phone every two years? Or maybe the problem is that they're buying shitty cheap low-end phones that were obsolete out of the box. If you buy a good, used, last gen flagship, it'll last you many years.
They’re getting trade-in value for their old phone, hiding part of the remainder in a carrier contract, and getting loans for the rest. It’s only $1k if you’re one of those weirdos who likes to own things.
Perhaps it's all the cell carriers moving from 24 month device payment plans to 36 month terms. Flagship devices have become so costly that to keep the monthly device payment plan price the same the term needed to be extended.
Oh I'm sorry AI can't buy devices, pay us bitches
Oh no, the economy!
The economic outlook is nobody having jobs and a bunch of racist sexist pedofile trillionares saying they own everything because of corruption. It’s pretty clear the consumer based economy is being dissolved for a new debt based feudal system where everything is owned and you’re allowed to live as a debtor slave or live in a for profit prison or die.
I had my phone for 8 years until one day it bricked. That's the only reason i got a new one about a year ago. My wife is coming up on the two year mark and is asking for a new one and i have to keep reminding her that hers is fine.
I'm still rockin' my Galaxy S10 and the desktop I built in 2016. Both meet my needs just fine right now.
The phone contracts are now all 24 or 36 months I stead of 18/24. Hence the average goes up
Won’t somebody please think of the economy?!?
This is the new avocado toast
One of the things the article says is that "most people want newer phones" (if they could afford it). Do y'all feel that way?
I think I wouldn't switch my 4 year old device even if someone gave me a new one for free. Just the hassle of changing to a new phone is not worth it when the new phone isn't that much better. I'm just so over "tech". I don't have that excitement of new gadgets anymore.
Balls to that. You can pry my old devices from my cold dead hands.
You know shit's bad when US media starts using the 'China bad' classic "but at what cost?" byline toward US consumers
Im guessing there's a sister article somewhere on Forbes reporting lower than anticipated earnings for US phone manufacturers
Let's all feed the "economy beast" with fake, valueless, money tokens and buy hardware, while we all starve. Earn points!
This being next to this article https://www.pcworld.com/article/2984629/ram-is-so-expensive-that-stores-are-selling-it-at-market-prices.html
Is pure real life comedy gold.
My Pixel 6a has about 18 months of support left. I doubt I will be buying any other American based phone then so I'm seriously considering not having a smart phone. I think I have an old flip phone in the closet. It may come back into play.
Why are we always expected to change our behavior to benefit the economy? I need to buy more? The economy is all made up why can't it change to meet the needs of the people?
What do they think we all want to be influencers in the newest greatest thing. Way overrated. Fuck the economy. Id rather stop contributing to the piles of ewaste.
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