Depreciating Consumer Electronics

U.S. News & World Report’s Andrea Woroch quotes Josh Weiss, our CEO in an article she wrote about wasting capital on rapidly depreciating gadgetry.

We live in a world in which significant technological improvements in the consumer electronics and gadget verticals are seen on an annual basis,” says Joshua Weiss, CEO Of TeliApp, a company that develops and executes digital media marketing strategies for a variety of brands including those in the consumer electronics space. “As such, 1-year-old devices will depreciate significantly, especially because the cost for better and brand-new items continues to go down.”