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New report contradicts Tim Cook's remarks about iPhone panic buying
More iPhone owners upgraded their devices this spring, according to a new report that points to consumer behavior Tim Cook recently dismissed during Apple's earnings call.iPhone 16 familyMore iPhone owners than usual traded in their older devices in the spring of 2025. The shift appears to be driven by concerns over rising prices, despite Apple Chief Executive Officer Tim Cook telling investors he hasn't seen signs of tariff-related buying behavior.According to Consumer Intelligence Research Partners (CIRP), 39% of U.S. iPhone buyers in the first quarter of 2025 replaced phones that were at least three years old. That's up from 30% in the same period over the past few years. Continue Reading on AppleInsider | Discuss on our Forums
More iPhone owners upgraded their devices this spring, according to a new report that points to consumer behavior Tim Cook recently dismissed during Apple's earnings call.
iPhone 16 family
More iPhone owners than usual traded in their older devices in the spring of 2025. The shift appears to be driven by concerns over rising prices, despite Apple Chief Executive Officer Tim Cook telling investors he hasn't seen signs of tariff-related buying behavior.
According to Consumer Intelligence Research Partners (CIRP), 39% of U.S. iPhone buyers in the first quarter of 2025 replaced phones that were at least three years old. That's up from 30% in the same period over the past few years.
Continue Reading on AppleInsider | Discuss on our Forums
iPhone 16 family
More iPhone owners than usual traded in their older devices in the spring of 2025. The shift appears to be driven by concerns over rising prices, despite Apple Chief Executive Officer Tim Cook telling investors he hasn't seen signs of tariff-related buying behavior.
According to Consumer Intelligence Research Partners (CIRP), 39% of U.S. iPhone buyers in the first quarter of 2025 replaced phones that were at least three years old. That's up from 30% in the same period over the past few years.
Continue Reading on AppleInsider | Discuss on our Forums
