this post was submitted on 28 Jun 2024
709 points (99.9% liked)
Technology
59596 readers
2920 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think it's more of a corollary that phone companies can incentivize people to buy more than they need. I live in Canada, where carrier locks have been outlawed for a decade, so we don't typically get $100s off the phone, but they do often give interest free financing. This pushes people to get a brand new, top-of-the-line Galaxy or iPhone, when all they do is simple stuff that any basic smartphone could do. They just get used to paying "only an extra $50/mo" so once that phone is paid off, they finance a brand new, top-of-the-line smartphone.