People Upgrade Cellphones Every 18 Months On Average [Datapoint]

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 cellphone 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] More »

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