Do You Need a New Phone?
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 22 October 2024
⏱️ 32 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What's it going to take for you to buy a new phone? You're listening to |
| 0:07.0 | Mottley Full Money. I'm Ricky Mulvey joined today by Tim Byers. Tim how you doing? |
| 0:25.0 | Fully caffeinated ready to go Ricky. |
| 0:27.0 | So usually the top of the show is a way to get listeners interested in what we're about to talk about. |
| 0:32.0 | That's more of a personal question for you |
| 0:34.2 | because I think you're still on, what is it, the iPhone one? |
| 0:36.9 | What's it gonna take for you, Tim Byers, to buy a new phone? |
| 0:41.0 | I do have the original iPhone SE so yes my potato phone is still alive and well |
| 0:46.6 | although to be fair I did promise Tim White that I would upgrade and I am going to make good on that promise but I don't have a |
| 1:00.0 | hair on fire need for this Ricky and it's for two reasons. The first is I can plug my potato phone into a battery and it still works and the software is good. |
| 1:10.0 | I mean, but I am part of the problem here, aren't I? I mean, it it is it is it is fair to say that a lot of |
| 1:17.0 | a lot of people like me are waiting to upgrade their phones because good enough is good enough. |
| 1:28.0 | So I'm going to upgrade because I badly do need a phone and once I get my savings in order I will absolutely do it. I am the |
| 1:35.2 | exception rather than the rule here like I'm going on eight years with this |
| 1:38.9 | thing. There are a lot of people Ricky that are waiting just longer than average, not like eight years, but like four years or five years. |
| 1:49.7 | And that's a problem. |
| 1:51.8 | And I know we're going to talk about Verizon. That is a big problem for Verizon. |
| 1:56.0 | You are a micro example of the problem that Verizon talked about when they reported this morning. |
| 2:01.0 | Or actually, the CEO went out of his way |
| 2:03.0 | to not talk about it, but it is a problem for the company. |
| 2:05.9 | His total upgrade volume was down 10% year over year. |
| 2:10.2 | If you just listen to CEO Hans Vespberg's statements, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

