Is having the latest technology a want or a need?
How often do you get a new cel phone or mp3 player? Did you really need a new model? Do you consider the environmental impact of these purchases? If you are addicted, how can you break your addiction?
Wants or Needs? >
Want or need
Getting the latest technology has a few aspects.
Do your current electronics function as they should? Yes, then having the latest is a want.
Do you have electronics to begin with? No? Well if the reason you don't have them before is you couldn't afford them, getting the latest tech isn't the smartest option especially when there are older models that work just as good but if you find it absolutely necessary to have the latest tech it's still a want.
Do you have electronics and it suddenly stops working? Then maybe it is a necessity that you upgrade but it doesn't mean you have to get the newest thing. Researching a good alternative is also an option.
SO in short having the absolute NEWEST is a want 