zlacker

> Unless you're already sitting on FU money, I don't understand why anyone would spend more [than $50/yr on phone upgrades].

Among the people I know, there's more people living paycheck to paycheck and getting annual phone upgrades than people with FU money doing upgrades. That said, the percentage of FU money upgraders is higher than the percentage of paycheck-to-paycheck upgraders.

Google/Samsung/Apple/etc may be making more total money from the not-well-off than the well-off, at least thinking about people I know.

>>ccooff+(OP)
There's a point at which something like a new smartphone isn't a status symbol anymore. Among wealthier people, having an iPhone 11 isn't less of a signal than a day one iPhone 15.