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Fewer Upgrades For Mobile Consumers

Once thrilled by the prospect of a shiny new smartphone, consumers are less inclined than ever to upgrade their devices. “The rates at which American cellphone users have traded in their devices for more advanced models have declined over the last few years,” The Wall Street Journal reports, citing analysts at UBS AG. “They turned negative last year, when about 68 million people upgraded their phones in the U.S., down more than 9% from a year earlier.”


Read the whole story at The Wall Street Journal »

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