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Telecom & Wireless

Losing Mobile Phones Nearly as Popular as Buying Them

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By Paul Ausick Updated Published

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Citing a report from mobile phone security firm Lookout, Digital Trends reports that $30 billion worth of mobile phones were lost in the US last year. That’s nearly $100 for every man, woman, and child in the country.

If you live in Philadelphia, you are among the most likely to lose your phone. Other US cities with high loss rates are Seattle, Oakland, Long Beach, Newark, Detroit, Cleveland, Baltimore, New York and Boston. Coffee shops, bars, and offices top the list of places where phones are lost. If you live in Chicago, the third-likeliest place to lose your phone is in church.

And it’s probably no surprise that the highest number of phones disappear between 9 p.m. and 2 a.m. The whereabouts of a mobile phone is far less likely to be on one’s mind at those hours.

Paul Ausick

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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