In the past few years, the market for smartphones has become a lot more like the one for used cars. 

Whereas many of us once upgraded our phones every two or three years, and treated old ones almost as if they were disposable, more than ever

these phones are sticking around, and having a long afterlife. That could affect everything from who wins the smartphone wars (hint: Apple) to how the dominant players in this industry make most of their profits (spoiler: not from selling hardware).

What’s News

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

What are central bank digital currencies?

AS the digital world of NFTs, cryptocurrencies and the Metaverse expands, you…

Elon Musk Tweets—and Gives Crypto Markets Growing Pains

Last week, when Elon Musk tweeted that he had spoken with the…

Experts unravel the mystery of Westminster Abbey’s lost chapel

England’s former Queen consort worshipped a disembowelled saint at a ‘long-lost’ chapel at Westminster…

Pink Moon will peak this evening, but be warned – it could trigger sleep issues and even VIOLENCE 

Stargazers may be in for a treat tonight as the so-called ‘Pink…