The price of an used iPhone is critically important to Apple's business model. Used iPhone retains their value much better than their Android counterparts. When you trade in your used iPhone (worth $250-400) for a new iPhone that cost $1000, you essentially are only paying for $600 (excluding the opportunity cost etc). Furthermore, it extends … Continue reading Product Lifecycle & Implications of Hardware Products
Quarterly Earnings – Podcast
New habit: listening to earnings calls at the gym. Thanks Borsa Finance. Excited for following earnings over the next week or two and their respective macro+internal ops reasons. Below is a top-level one-liner on each but can dive deeper into each company and their long-term competitive advantages. TransDigm Group Inc. (strong cap investment conscious mgmt … Continue reading Quarterly Earnings – Podcast
First Principles of Value Creation by Joe Plumeri
Plumeri was CEO of North America at Citi which was the best performing stock in the 1990s and now is a senior executive at KRR, having turned around Willis and First Data. In this 2019 talk he shares eight of his first principles of value creation. Some takeaways: Viking effect of burning boats, getting everyone … Continue reading First Principles of Value Creation by Joe Plumeri
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