Who would have thought that Americans have racked up $5.9 billion dollars in damage expenses for the repairs for their broken iPhones? That sure sound like a lot cash and a pretty good business to me.!And who would have thought that Hackensack ,N.J. holds the record?
Not exactly sure as why folks in New Jersey would hold the record for broken iPhones...so fuggedaboutit or read on.
Sure many folks can easily find a $5 dollar protective case, and can easily spend a heck of a lot more for some higher end protective case.
According to a study from Square-Trade, a consumer electronics protection plan provider, broken iPhones have cost American users $5.9 billion since their introduction in 2007.The study was came out almost a week after Apple launched its latest generation of its smartphone, the iPhone 5.
Bloomberg businessweek posted earlier:
The study also found that 30 percent of owners damaged their iPhones within the last year
Accidental damage is 10 times more common than loss or theft. New Jersey ranks as the 17th "clumsiest" among the states in terms of iPhone accidents, according to a separate SquareTrade study done in August.
Bloomberg's report continues “The most common way to “damage an iPhone is by dropping it, followed by iPhones falling into toilets, pools or lakes, sliding off laps, being knocked off tables and getting drenched in liquid, said Ty Shay, SquareTrade's chief marketing officer.”
No surprise that the San Francisco based Square-Trade's fastest-growing plan is for accidental protection. Rasel Uddin that works with the Street Talk phone accessory kiosk in Paramus' Garden state Plaza, says that the iPhone cases are their most popular product. Older generation cases sold for $15-$20, and are also anticipated to drop.
With overwhelming pre-order sales of the new iPhone 5, exceeding previous iPhone4S. SquareTrade has already seen a big jump in sales, and did not release sales data at this time.
Many iPhone users are already familiar with suitable protection plans, that allow accidental damage, against drops, natural disasters, thefts, and the like with a $50 deductible depending on the model.
Certainly some iPhone users just head on out to the Apple store for the repairs, or mobile retailer to fix their phones, while others often repair broken glass plates via other vendors. Typically a kiosk vendor may charge $99 to replace both glass plates and takes about 15-20 minutes.
Ty Shay from SquareTrade says that the iPhone could actually be a bit more durable than previous iPhones, because it is made out of light aluminum, and has glass on one side instead of both.
But the number and cost of accidents may rise because "accidents are happening more frequently as people use them more often."