SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


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

Recommended By
HerbVic

  Read Replies (1) | Respond to of 213177
 
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.



To: pyslent who wrote (166511)2/27/2014 3:16:33 AM
From: JP Sullivan  Read Replies (1) | Respond to of 213177
 
Waterproofing

Really waterproof (you can go swimming with it clipped to your waist) or is it merely water resistant (will survive if it falls into the toilet, provided you fish it out within a couple of minutes)? There is a big difference. Does anyone know which it is for sure?