Warranty provider SquareTrade queried 2,000 iPhone owners and discovered that they have dumped an estimated US$5.9 billion into repairing their iPhones over the past five years. This figure includes repair costs, insurance deductibles for phones with a warranty and full-cost replacements for iPhones that are broken beyond repair. The company looked at how owners were destroying their iPhones and found that most people damaged their phone when it dropped from their hand. The second most common accident is a plunge into a toilet, sink, hot tub or other body of water. Read the full story at TUAW.
Americans reportedly spent $6B on broken iPhones
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).