Smartphone Depreciation Rates, Growing Demand for Used iPhones, Thursday Q&A
Today's Above Avalon daily update includes the following stories:
Smartphone Depreciation Rates
Growing Demand for Used iPhones
Thursday Q&A
We kick off today’s update with an interesting new report on smartphone depreciation rates. The discussion then turns to used iPhones, the iPhone gray market, and the factors behind different depreciation trends in the smartphone space. The email concludes with a new installment of Thursday Q&A. I answer the following questions from Above Avalon members:
Given coronavirus, what do you think Apple would do if they have new products to announce that would normally involve an event?
Why did Apple provide 2Q20 revenue guidance at the end of January if there was so much uncertainty in China? Was Apple management unaware of how bad conditions were on the ground when they provided guidance?
Is Spotify an acquisition target? Who would be a realistic buyer?
In the past, you have said that Apple Arcade may cannibalize App Store gaming revenue. Five months in, do you think that is still the case?
Why did Bob Iger resign from Apple’s board if he was close to stepping down as Disney CEO? Is there something larger at play there especially with Iger now focused on “creative endeavors” at Disney?
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