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Are smart phones worth it?
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Created: by lrfsdad Attachments:3

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Are smart phones worth it?

  #21 (permalink)
Market Wizard
Kyoto, Japan
 
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suko's Avatar
 
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TCO

Most people fixate on the price of the handset, but what you are really buying is a $3000 2-year contract for phone service. It's almost a razors and razorblades thing. Your handset cost is almost incidental in the whole equation.

I believe the US TCO on an iPhone is a little more than $3000, and for an Android phone a little less (because Android users tend to consume fewer packets, apps, and digital contents, as a matter of course.

So to put it another way, if you get an iPhone, statistically speaking you are likely to use it more. This might be a good or a bad thing, depending.

Do you embrace addictions, or eschew them?

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  #22 (permalink)
Elite Member
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a different angle


Quoting 
Mark Mills , the CEO of the Digital Power Group, teaches us that a medium-size refrigerator will use about 322 kW-h a year whereas the average iPhone uses about 361 kW-h a year once the wireless connections, data usage and battery charging are tallied up.

Noise compared to contract costs but I found it funny.

Travel Well
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  #23 (permalink)
Elite Member
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lrfsdad View Post
Hello,

I'm assuming a large part of the community here has a smart phone. I'm wondering if they are worth the cost vs. a regular cell phone. I don't have one, but my wife does. I use hers to mass delete my emails and that is about it. I have had my own business for a couple of years now, and I havent come across too many situations where one would be necessary. I'm also not on facebook, and I consider emails mail, meaning they don't need to be read instantly.
I guess I consider them more handy then necessary, more like a toy. Please comment on your experience.

Thanks

I'd say in this business its very useful not just for email/calls/text, but for a redundant internet connection via tethering, and secondly if the PC goes down to provide a redundant emergency execution platform in that many brokers allow you to execute via app or mobile web. Two critical uses for me, and of course to kill time when in a trade :-)

Thanks,

Sand.

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  #24 (permalink)
Trading Apprentice
Victoria, BC, Canada
 
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I just want to testify that I have never purchased a Smart Phone nor do I intend to. I find life a lot less stressful without obligation to cell phones.

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  #25 (permalink)
Market Wizard
Boca Raton
 
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Dedrick View Post
I just want to testify that I have never purchased a Smart Phone nor do I intend to. I find life a lot less stressful without obligation to cell phones.

True Conversation that took place years ago
A: Get a normal cell phone
B: Why?
A: You can see who calls you!
B:Why do I need to see who calls me?
A: What if you don't want to talk to them?
B: Why would I give my number to someone I don't to talk to?
A: Dad, you win. Bye

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #26 (permalink)
Market Wizard
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What you can do if stuck in the airport with just an iPhone:


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  #27 (permalink)
Membership Temporarily Revoked
Calgary Alberta/Canada
 
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I am another in the never-owned-a-cellphone category...never mind a smart phone with internet connectivity.

Even as a Sales Manager in the 1990's when the novelty was there and I suppose the utility was sort of there, I resisted the use even though the contract and phone costs would have been covered by the company back then.

There was nothing in my life that required an instant response. When in the office, my nickname was "Pa Bell" as I was constantly on the phone. I treasured the few hours that I left the office on sales calls. I educated my staff as to making decisions on their own for small things...they knew what was/was not acceptable while I was away and I regularly phoned in (via pay phone) to check for messages. Nowadays I suppose I would have succumbed by now but my working days of normal jobs are a distant memory.

Land line telephone voice mail and e-mail is fine for me. When I travel, I take a small netbook with a 10" screen and full keyboard. I am a chartist....I'd go blind trying read charts on a cell-phone sized screen.

I do agree that there are certain jobs that require cellphones...lawyers, real estate salespeople and the like definitely need instant access....but not me...I like privacy and I am on the computer enough as it is.

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  #28 (permalink)
Trading for Profit
Birmingham UK
 
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I went smart phone nearly 4 years ago with the Iphone 4 3.5" screen, shortly after it came out.

Then the Razr I 4.3" phone, very nice tough beast 18months still working perfectly.

LG G2 5.2", used for 6months as primary phone and trading, but too big to carry around in the summer so back to the Razr I, but I do carry around a Ipad Mini 4G to trade off these days


Also have a Nexus 7 3G, good to have backup plans I find. ( battery barely lasts the morning trading, Ipad all day )

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  #29 (permalink)
Trading Apprentice
Singapore
 
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Definitely useful if you plan to trade from it and constantly on the move or in meetings.

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  #30 (permalink)
Elite Member
Garland Utah / United States
 
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Pay as you go plan


I got rid of the land line and had an older cell phone that I purchased the T-mobile 1000 minutes for $100 and that should last a full year. My brother and I share it so that tell's you how much we use a phone. Now a computer and internet is a different story, I'm on it 8 to 10 hours a day. I think I can say the same for my brother. I can't see a need for a smart phone, I went for a walk with a girl friend and she was on it half the time with issues. Leave the phone at home or in the car and enjoy life....

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