Americans Don’t Upgrade Phones as Often Anymore

It seems that people don’t upgrade phones as often as they used to. More expensive phones, fewer carrier subsidies, and the death of two-year contracts may have led to this.
Carriers in recent years have offered less-generous promotions and separated the cost of a phone from a customer’s monthly service fees, leading to the demise of the two-year ritual of upgrading devices and service contracts simultaneously.
iPhones are now more expensive than ever. At the same time, Apple also has great support for older iPhones, so there’s not much incentive to upgrade every year anymore.