I don't think Apple wants to associate the brand so blatantly with used equipment. i'd wager they have a supply agreement with a used equipment reseller (possibly in China and/or India).
I'm guessing so too, I presume they are all being funnelled to emerging markets. I also wonder if apple is selling them at cost or for profit.
That's an interesting question..
Theoretically, Apple could sell them at a loss, absorbing it in Cost of Goods, while at the same time protecting iPhone's ASP.
Additionally, each used iPhone returned to service, in an emerging market, would deny a sale to Samsung.
If Apple sold 65 million iPhones during the December quarter, and 60% resulted in iPhone 4/4S trade-ins (>36,000,000 iPhones), that would be a tremendous market share reversal.
Note: Apple would not claim the sale of the used iPhones as units sold. The trade-ins are a purchase financing transaction. Sales of the used iPhone would be considered a conversion of the trade-in to cash.
Its possible that the sale of the used iPhones would be reported under O, I & E. If Apple sold at a loss look for a QoQ drop in O, I, & E.
FYI: Summers just withdrew his name for Fed chair....could sway markets tomorrow.
Futures way green. Let's see if market follows in regular session, AND if so, fingers crossed the fruit can participate....
Cane back to your post to state that I've been watching Futures for the past 2 hours, and have observed the NAZ to be trading in a $1.50 range ($32.00 - $33.50). Generally speaking Futures are more volatile than this.
The move does appear to be a response to Summers' withdrawal (he was a disastrous choice).
If all Apple is doing is expanding PowerON to the Genius Bar, accounting should be the same as always. Which is to say...it doesn't even show up?
Thanks, Steve. The AAPL Tree is now on Apple News (iOS + web-readable and SOON on macOS) at apple.news/TuY-CX_-jRziryK895rDu6g - for a jumble of AAPL fundamentals, tech comment and a bit of AAPL chart nonsense | the ol' blog's at aapltree.wordpress.com | archived blog's on Medium @aapltree | Twitter @aapltree
SomeJuan: M1X... 16 cores of CPU, 16 cores of GPU, 4nm TSM fab, katy bar the door...
Jan 16, 2021 9:45:11 GMT -5
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5