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Are Tablets Falling Out of Favor?SAN DIEGO, May 27, 2015 /PRNewswire/ -- Tablet shipments have been on a steady decline,[1] while tablet trade-ins are growing. ecoATM, Inc., the nationwide network of automated electronics recycling kiosks, saw tablet trade-ins more than double from Q1 2014 to Q1 2015 and set out to determine what's changed with tablet owners. A recent ecoATM survey suggests a disconnect between initial expectations and eventual tablet usage.
Survey findings point to utility as a primary reason why tablet usage may be declining. Of those who no longer use their device:
"Just because your tablet has fallen out of your favor doesn't mean it has to gather dust. You can still take it to an ecoATM® kiosk to turn it into cash and give it a second life," said Randy Erman, director of product marketing at ecoATM. "ecoATM kiosks recognize more than 5,500 devices including tablets, smart phones and MP3 players." With a network of more than 2,100 kiosks in the U.S., ecoATM has responsibly recycled or enabled the reuse of more than four million devices. ecoATM kiosk data lends insights into additional tablet trends:
To get the best value for tablet trade-ins through its network of kiosks, ecoATM recommends these simple steps (go to: http://blog.ecoatm.com/) for proper preparation before selling a device. To find an ecoATM kiosk location, please visit http://www.ecoatm.com/locator/. Methodology: The ecoATM consumer tablet use survey was conducted by Edelman Berland between May 5-11, 2015, and polled 1,175 tablet owners in the U.S. The margin of error for the survey is ±2.9%. About ecoATM ecoATM holds Responsible Recycling (R2) and ISO14001 certification, confirming the company's commitment to maintaining the highest standards of electronics recycling, as well as ISO27001 certification for information and personal data security. See http://www.ecoatm.com/how-it-works/ for a video of how an ecoATM kiosk works. For more information, visit www.ecoatm.com and for more information about Outerwall Inc. please visit www.outerwall.com. About Outerwall Inc. Safe Harbor for Forward-Looking Statements Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expect" and "will" and variations of such words, and future-looking and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. Forward-looking statements are not guarantees of future events, results, performance, or conditions. The forward-looking statements in this report, including those relating to the recycled electronics market and the performance of the ecoATM business, are only predictions based on the current intent and expectations of management, and actual events, results, performance, and conditions may be materially different from those expressed or implied in those statements. Differences may result from actions taken by Outerwall or ecoATM, as well as from risks and uncertainties beyond their control. Such risks and uncertainties include, but are not limited to, competition from other companies who purchase used electronics, actions resulting from federal, state, local and other laws and regulations or taken by governing bodies, as well as the ability to achieve the strategic and financial objectives of Outerwall's entry into new businesses, such as ecoATM. The foregoing list of risks and uncertainties is illustrative, but by no means exhaustive. For more information on factors that may affect Outerwall, please review "Risk Factors" described in Outerwall's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (the "SEC"). These forward-looking statements reflect Outerwall's expectations as of the date of this report. Outerwall undertakes no obligation to update the information provided herein. [1] International Data Corporation (IDC), April 2015 Photo - http://photos.prnewswire.com/prnh/20150526/218637-INFO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/are-tablets-falling-out-of-favor-300089205.html SOURCE ecoATM |