An interesting consumer spending stat: People upgrade their phones once every 18 months now, up from 16. That’s a curious number, possibly averaging out people who upgrade yearly with people who only upgrade when their mobile phone contract runs out. Otherwise, I can’t see that the majority of folks feel like they need to pay early upgrade fees to get the latest stuff – especially when you’re talking about the mainstream, non-tech folks. [NYT]
People Upgrade Mobile Phones Every 18 Months On Average
