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Technology Stocks : Apple Inc.
AAPL 274.47+0.1%3:59 PM EST

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To: pyslent who wrote (166511)2/26/2014 12:37:08 PM
From: Ryan Bartholomew1 Recommendation

Recommended By
HerbVic

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It's not absolute values, it's the ratio of salvage value to actual purchase price (not list price), adjusted for time. The iPhones you cited are both somewhat newer and have higher ASPs over the life of their sales cycle relative to the comparable Samsung models. Also, Samsung has many other models beyond the flagship ones, and many of them have increased relative salvage values as well.

The CEO of Gazelle, who appeared to be a fan of Apple products, said as much yesterday in a couple of interviews (one on CNBC). He also raised the waterproofing feature and what he expects it to do. I agree with his logic, though we could end up being wrong. Time will tell, but it makes sense that phones that aren't subject to water damage would retain condition and value better.
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