Eve Ventually
@EveHasWords@toot.cat  ·  activity timestamp 2 days ago
The Bottom Line Americans are holding onto devices longer than ever and it’s costing the economy Published Sun, Nov 23 202510:05 AM EST Updated Sun, Nov 23 20258:57 PM EST Kevin Williams Key Points Americans are hanging onto their smartphones for much longer than they did a decade ago, but new releases like Apple’s iPhone 17 can entice consumers to upgrade. Businesses tend to hang onto their devices even longer than individual consumers, especially overseas. While it may seem to be a smart money move, it can result in a costly productivity and innovation lag for the economy.
The Bottom Line Americans are holding onto devices longer than ever and it’s costing the economy Published Sun, Nov 23 202510:05 AM EST Updated Sun, Nov 23 20258:57 PM EST Kevin Williams Key Points Americans are hanging onto their smartphones for much longer than they did a decade ago, but new releases like Apple’s iPhone 17 can entice consumers to upgrade. Businesses tend to hang onto their devices even longer than individual consumers, especially overseas. While it may seem to be a smart money move, it can result in a costly productivity and innovation lag for the economy.
The Bottom Line Americans are holding onto devices longer than ever and it’s costing the economy Published Sun, Nov 23 202510:05 AM EST Updated Sun, Nov 23 20258:57 PM EST Kevin Williams Key Points Americans are hanging onto their smartphones for much longer than they did a decade ago, but new releases like Apple’s iPhone 17 can entice consumers to upgrade. Businesses tend to hang onto their devices even longer than individual consumers, especially overseas. While it may seem to be a smart money move, it can result in a costly productivity and innovation lag for the economy.
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