Reduce the amount of disposable income across the board, then start moaning that people arent buying shit they dont need as much... The utter fucking state of these people.
Economics
Americans are increasingly opting for reusable cups. This is costing the plastic cup industry billions.
And how exactly is this bad?
Spending less money on stupid stuff isn't hurting the economy, for fuck's sake.
The exact same applies to smartphones.
"device hoarding" Fuck off
Good. Better for your pocketbook, better for yourself, and better for the world.
I would like to note that the difference in relative purchases of technology investments between consumer and business markets will make comparison a little less than easy.
That and certain social demographics within the information technology world present a bleed through of practices in spending habits and thus should not be included.
I brought my s24 exactly because it's got 7yrs of updates. I suspect it'll need a new battery around 4yrs. If I'm lucky, that will let me hold out until Linux phones are more polished
I'm on an S10 right now, it still runs... dafuq I need a new phone for? So it'll fit in my pocket even worse.
Ditto, and mainly for the stated continuing security updates, my old note 8 is still working and in fine condition.
Why do even 50% of people need wifi7? BT 5.3? 1TB SSD? They don’t care, they got what they want and the need limits was a long time ago. Also give everyone $800+ to go buy a new phone?
Want to convince me to buy a new phone? Battery with a weeks long charge. I’ll drop $1500 but then won’t replace it for 5-7 years.
If the economy depends in us buying new phones every two years, then maybe the economy wasn't as strong as we thought it was.
NO, it's costing some companies. The economy benefits from cutting out waste. It just so happens that the stock market and "the economy" are not synonyms.
Oh no! Not the economy 😭
Someone please think of the shareholders!!!
The economy can go fuck itself. I'd rather have a society and an ecology.

29 months is "as much as possible"? My phone is from 2016 and it works fine!
That impressive really
And i boast about my 2019 phone that still works fine.
Who the fuck decided to predicate the economy on a <2-year upgrade cycle for electronics?! Tim Apple is that you?
Not constantly throwing away things that are still good is "device hoarding" now? Strong "quiet quitting" vibes there.
I’ll be using my 1TB iPhone 15 Pro for far more than 2 years. LOL
This whole thing reads like satire.
And not like the whole semiconductor industry is one of the most environmentally toxic ones. Better keep your phone/computer as long as possible.
The idea, that keeping a device for more than two years is "short term" thinking that could doom the economy, is a pretty damning indictment on the state of your economy.
More to the point that news item came from CNBC, itself a company that is 100% advertiser-supported.
Of course they're going to claim that people not buying is the doom of the economy.
Their whole existence is tied to hyperconsumption, which, is becoming evident to even the marginally aware, of being no longer viable in the long run.
Say after me: "Too bad, so sad.."
Wait why the f are the consumers being blamed for the economy?
Because consumers that have unspent money are WORSE THAN HITLER^[source: economists], as all that unspent money is not making line go up!
Maybe the billionaires should start throwing their money around a little more...
To be fair, the consumers are the economy. Which is why it's so vital to provide them with the means to consume.
We "are" the economy and yet they aren't.
We keep being told " The economy is strong" and they ain't talking about you, or me, or anyone either of us have ever met.
Continuing to use something that still works is Hoarding? The shear fucking gall. They're literally having to misuse the word "hoard" because they couldn't think of a word for "sticking with something that works" with negative enough connotations.
I know, right? That ridiculous usage of the word hoarding stuck out to me as well. While I know words can have different meanings in different contexts, I find it confounding that anybody would think that word applies to a person who is perfectly happy with their fully functional 2+ year old device and therefore does not compelled to buy a new replacement.
It might be bad for the economy, but it's better for the environment, for the amount of money available for rent, food, insurance, emergencies...
"Americans are producing less e-waste and getting more value out of their purchases, and this is bad for rich people!"
Anyone who writes a headline like this should be chained to a bale of ewaste and thrown into the ocean.
Jesus Christ, when did choosing not to throw away a perfectly good device become "device hoarding"?
Gotta love American capitalist propaganda.
Companies act like the general population simply OWES them business. We do not.
On that note, please refuse to participate in Black Friday and keep your Christmas low key and sentimental.
29 months
squeezing as much life out of your device as possible
Dude, my average phone age is 7 years. I'm now on my 3rd since smartphones exist.
What do US people do with their phones? Even my dad (a farmer) has them longer and he loses them sometimes in the field or drives them over.
Yank here. I dunno what these fucks are complaining about. All my phones have either been cheap, or refurbished secondhand. Hell, I even learned how to fix my own so I could make them last as long as possible. And when the OS gets too slow, I start throwing out old apps like I'm bailing a leaky ship. My average phone's lifetime is nearly five years. My laptop? Nearly ten.
You know what this smells like? Smells like rich people complaining about poor people being pragmatic and sensible. "Decreasing productivity by 1/3 of a percentage point." Spoiled little prince can eat my entire ass.
This. I'm just upgrading my galaxy s9 that was released in feb 2018. Although many parts of it are starting to die (e.g. screen burn in, a dew cracks), it's only because my service provider is killing it off because it doesn't support VOLTE (and I refuse to use the default Samsung OS).
Upgrading to a fairphone. You better believe that's gonna last another 7 years.
Noooooo the economy 😭😭😭
Who is only getting 29 months out of a smart phone? What are you doing?
I was going to make a joke about needing to buy a $1000 iphone every 6 months to save the economy, but then I went to the apple site to make sure I wasn’t being hyperbolic…
Christ on a fucking cracker! the latest iPhone can cost up to $3,800 in my local currency! Just fucking blow my brains out, the world is cooked. Bury me with my 5 year old phone, it’s still got a few years left in it I reckon.