Why should a recession good for Apple? Won't we try to hold on new purchases or shop for cheaper alternatives?
Apple: Tech Pullbacks And Recessions
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- chaicka·2022-05-11Great resale value of older iPhones helped subsidies cost of new iPhone. It’s a common practice in Asia to keep cycling every 2 or 3 years based on above. Most competitions don’t.LikeReport
- PaperPlay·2022-05-11If we do enter recession, consumers will make sure their product purchase brings them the best value, hence $Apple(AAPL)$ phones will easily weed out the weaker products out there.LikeReport
- FattAgain69·2022-05-11There are multiple perspective to look from. In a recession, the weaker competitors won't be able to survive - Apple buys over their technology or let them exit.LikeReport