75% of iPhone upgrades driven by obsolescence or damage, not new features, per CIRP study.

A Consumer Intelligence Research Partners (CIRP) study indicates that 75% of iPhone purchasers upgrade due to obsolescence or damage to their old devices, rather than excitement for new features, which only attract about 18% of buyers. This trend suggests that while new features are valued, they are not the main motivation for upgrades. Potential price increases for the iPhone 16 could further impact sales.

September 04, 2024
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