Americans Lost $30 Billion Worth Of Cellphones In 2011, Study Finds

Lost Cellphones Cost Americans $30 Billion

It's 11 o'clock, do you know where your cellphone is? According to a new study, many people don't. And it's costing them some serious cash.

Americans lost about $30 billion worth of cellphones in 2011, according to a new study cited by USA Today.

The study, completed by Lookout Labs, based its findings on data from 15 million people who downloaded its app to help find their lost cellphones.

Residents of Philadelphia, Seattle, Oakland, Long Beach and Newark were most likely to lose their phones, according to the study, which found that four of the top ten cities with the most disappearing phones also had high crime rates.

PC Magazine notes that Manchester, England, had the most stolen phones of any city in the world included in the study.

Overall, a cellphone is lost somewhere in the world every few seconds, with roughly 2.5 billion lost last year.

For those desperate to avoid becoming a statistic in next year's study, Schmoozins has some good tips for how to avoid misplacing your mobile.

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