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Did capitalism write this? - The Verge CNBC, in a story titled “Americans are holding onto devices longer than ever and it’s costing the economy,” seems to be calling people “device hoarders” if they can’t afford a new
America’s Aging Gadgets Are Slowing Down Productivity and . . . Consumers and Companies Are Holding Onto Devices Longer Americans are keeping their smartphones, computers, and everyday tech far longer than they once did A decade ago, many consumers upgraded phones roughly every two years
How device hoarding by Americans is costing economy If you are holding onto your aging printer or cracked smartphone longer than you had planned, you are not alone Heather Mitchell, 69, retired and living in Tucson, Arizona, is content with her phone even though it is old by smartphone standards
“Americans are holding onto devices longer than ever and it’s . . . We need to consume The average American now holds onto their smartphone for 29 months, according to a recent survey by Reviews org, and that cycle is getting longer The average was around 22 months in 2016 While squeezing as much life out of your device as possible may save money in the short run, especially amid widespread fears about the strength of the consumer and job market, it might