Trump's Trade Tariffs Leave Apple 'Caught in the Crossfire,' Ives Says

The transcript discusses the challenges Apple faces in shifting production due to US-China trade tensions. It highlights the potential risks to Apple's earnings and supply chain disruptions. Despite these challenges, the speaker maintains a high conviction in Apple's market position, emphasizing the importance of focusing on fundamentals and navigating short-term market volatility. The discussion also touches on the broader impact on tech investors and the minimal exposure of software companies to China.

What is the estimated time for Apple to move 20% of its production?

• 18 months

• 2 years

• 5 years

• 3 years

What is the main concern for Apple in the US-China trade tensions?

• Increased competition

• Supply chain disruption

• Loss of market share

• Higher production costs

What percentage of earnings could be affected for Apple due to trade tensions?

• 5-7%

• 10-15%

• 20-25%

• 30-35%

What is the outlook for Apple's stock according to the speaker?

• Underperform

• Neutral

• High conviction outperform

• Low conviction outperform

Which tech company is mentioned as having minimal exposure to China?

• Apple

• Google

• Microsoft

• Amazon