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]
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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/yePKdl9CK3g/people-upgrade-cellphones-every-18-months-on-average
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