New data shows people are holding onto Android phones longer – ca 4 years on average – outpacing iPhone users despite record-high trade-in offers. Trade-in payouts hit $6.4 billion last year, with Samsung devices like the Galaxy S22 Ultra being the most commonly exchanged.
Longer upgrade cycles are likely driven by extended software support (now up to 7 years) and rising device costs, even as trade-in deals remain attractive.
Source: 9to5Google