this post was submitted on 24 Dec 2025
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Economics

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Survey reveals most people are holding onto their phones for a long time, and it makes sense (www.androidauthority.com)
submitted 2 days ago by MicroWave@lemmy.world to c/economics@lemmy.world
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Nearly half of our readers now wait three years or more to replace their phones as spec upgrades have plateaued.

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[–] jaykrown@lemmy.world 3 points 2 days ago

The business I work for which does refurbishment has been doing extremely well. People are buying second hand more often as well which I think is good. We're at the point where most people don't need the newest hardware, and can easily do everything they need with a device that was released 5 years ago.