When is it time to upgrade? Device lifecycles and upgrade timelines

The video discusses the considerations and strategies for upgrading devices, particularly smartphones. Val shares her approach of keeping devices for a long time, while Ken talks about his frequent upgrades. The conversation covers the history of smartphone upgrades, the impact of contracts, and the role of BYOD policies in enterprises. The discussion also touches on the cost-benefit analysis of upgrading and the potential future of 5G technology.

In what ways do companies assess the cost-benefit analysis of upgrading devices?

What role does the performance of older devices play in the decision to upgrade?

How does the discussion address the future of device upgrades with emerging technologies like 5G?

What are the benefits and drawbacks of trading in old devices?