iPhone Upgrade Program

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jan 2, 2019 by Benedict Evans · said 3 times in 1 episodes since 2019 · across every show →

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Everything said about iPhone Upgrade Program, oldest first

Jan 2, 2019 positive
Assertion Supported
Evans: Apple's iPhone Upgrade Program uses off-balance-sheet third-party financing
“It's not even on their balance sheet. It's been done by a third-party financing company and, you know, GM made with a low-margin business, and all the margin was actually coming from the financing. I don't think Apple are doing that here, and we want to have t…”
Benedict Evans Jan 2, 2019 ▶ 9:08 a16z Podcast | Apple Has Lock on Luxury Smartphones, But Not Business of TV
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