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Strategies & Market Trends : World Outlook

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To: Les H who wrote (49072)	11/24/2025 2:27:35 PM
From: Les H	Read Replies (1) of 49784

Americans are holding onto devices longer than ever and it’s costing the economy Published Sun, Nov 23 202510:05 AM ESTUpdated 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. How device hoarding by Americans is costing economy

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