If everyone was satisfied with keeping their computers for longer or buying used then it stands to reason that the price of new computers would go down, e.g. wh

If everyone was satisfied with keeping their computers for longer or buying used then it stands to reason that the price of new computers would go down, e.g. what are now $300-500 Chromebooks would be top of the line. In any case, I think, with respect, that you're postulating an absurd hypothetical scenario that's never going to happen. There's always going to be some people who buy new and others who buy used, think used cars, clothes etc. Phones & laptops are now a mature technology, the days when you need a new computer to run spreadsheets or browse the Internet are over. Nowadays a 5 year old computer is just as good for pretty much any application except AAA games. The GP was mentioning students as needing phones & laptops. I'm pointing out that students in particular think nothing of buying say used clothes because they don't have a lot of money, but for some reason a lot more people have expensive new gadgets they don't need.