Saturday, July 30, 2011

Cost of Mobile Phones - Trends among friends

Over dinner & tea we were discussing the exploits and the number of cell phones that each one of us have owned and how much do we spend on the instrument.

Self
- Since 2002 have spent 67500Rs. on buying phones. i.e. about Rs8,000 p.a.
- This is distributed among 8 instruments (4.5,11,10,1.5, 19,6.5,11, 4 = 67.5K)
- My average cost of ownership based on talk time usage has been about Rs0.85 - Rs1/minute of usage.
- 3 phone have been lost but the others have stopped due to technical faults.

Prerna:
-Has spent Rs 39,000 on 4 instruments over the last 5.5 years. i.e. Rs6K p.a.
-1 upgraded, 1 lost, 1 stopped working

Andrew - has spent Rs75K since 2002 on numerous instruments. The most expensive being a Rs 30K iPhone which was stolen from his car. Totally 3 lost.
-On an average having spent Rs 8.5K per year on an instrument.

Lalit has spent Rs53K on his 7 instruments but has sold phones for Rs8-9K hence cost of ownership is Rs44K for 10 Years i.e. 4.4 K per year.

Hence on an statistical basis you find people in the 20-30 year age group in India (upwardly mobile middle class) has spent from Rs 4.5k - Rs8.5K per year on instrument alone.
From an durable perspective the mobile phone stands only 2nd after Laptops in spends on white goods.

2 comments:

Jailbird said...

phones are expensive and once in a while some dog comes and robs those awesome gadgets and we are left with micromax :(

Adventurist said...

Update:

Ram = (4.5,11,10,1.5, 19,6.5,11, 4 = 67.5K + 2 = 69.5)

Andrew = (4,0.8,8,12,9,1.1,30,1.5,9=Rs75.5K)

Lalit = 53K (no change)

Prerna = 39K (no change)