A customer holds an iPhone 6 (R) and iPhone 6 Plus after the phones went on sale at the Fifth Avenue Apple store in Manhattan, New York September 19, 2014. REUTERS/Adrees Latif
Wireless customers are hanging on to their old phones longer than ever.
That’s the message from Verizon Communications Inc, which said its upgrade rate fell to a record low last quarter – a harbinger of tough times ahead for the iPhone and other devices.
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