Second-hand and refurbished handsets are making a comeback, a recent study showed, as consumers are increasingly balking at the ever-rising average selling prices of smartphones that hit a record last year, and the trend will continue into this one, it seems. Top-tier manufacturers like Apple and Samsung predicted and sensed the upgrade slowdown, and started raising prices to offset the slump in demand for the latest and greatest. This culminated in last year's $999 iPhone X or $930 Note 8, but it is actually backfiring, as last quarter saw the first ever drop in smartphone shipments on record.
Now, there is a statistic to explain why is all of this happening, and it shows that people are just keeping their phones longer, buying refurbished or second- and third-hand devices, and generally not willing to splurge a grand on a phone, or thereabouts. Back in 2014, people were still upgrading their phones every 23 months, in sync with the two-year contract subsidies. This year, the length of time between upgrades is projected to hit 33 months, or nearly three years.
That's a big jump, but the trend is still in its nascence, that is why we wanted to ask you how many old handsets do you still have lying around the house - you know, the type you switch off and throw in a drawer when you get your new device, thinking that you will use it as a backup phone, put it on Craigslist at some point, or give it to your mother, and it stays there for the next year... or two.
How many old phones do you have lying around the house?
None, just my daily driver
10.75%
1
14.26%
2
20.84%
3
17.01%
4
11.67%
5 or more
25.47%
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Daniel, a devoted tech writer at PhoneArena since 2010, has been engrossed in mobile technology since the Windows Mobile era. His expertise spans mobile hardware, software, and carrier networks, and he's keenly interested in the future of digital health, car connectivity, and 5G. Beyond his professional pursuits, Daniel finds balance in travel, reading, and exploring new tech innovations, while contemplating the ethical and privacy implications of our digital future.
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