New policies have been instated in the U.S. which make it easier for smartphone customers to upgrade their devices more frequently. The standard contract option for Apple, T Mobile, and Verizon smartphones is 2 years, but now customers have the option to commit to a device for just 6 months. This is good news to the product makers themselves, as smartphone prices have steadily declined over the past few years. Average prices are expected to drop to $285 this year from 2012’s average price of $300.
With equipment constantly changing and evolving today, people who depend deeply on their smartphones could really benefit from always having the latest technology. With this new plan you can choose for your phone contract to last either 24, 12, or 6 months, so it’s up to you to choose how long you want to commit to one device.