Apple Stock 'Fairly Valued,' Franklin Technology's Curtis Says

The transcript discusses Apple's financial performance, highlighting a decline in iPhone revenue but growth in services and wearables. It explores Apple's role in digital transformation and the shift towards services. The discussion also covers the division between enterprise and consumer tech, emphasizing opportunities in enterprise technology. Apple's efforts to diversify beyond the iPhone are examined, along with a comparative analysis of major tech companies like Amazon and Microsoft, focusing on their growth prospects and business strategies.

What was the percentage decline in iPhone revenue year over year?

• 25%

• 10%

• 15%

• 20%

Which area of Apple's business saw a 90% growth?

• iPhone

• Wearables

• Services

• Mac

What is Apple's role in digital transformation according to the transcript?

• A competitor

• An observer

• A key ingredient

• A minor player

What is the main reason for the decoupling of growth opportunities from smartphone sales?

• Increased smartphone sales

• Rise of new tech companies

• Digital transformation

• Decline in tech industry

What percentage of Apple's revenue still comes from the iPhone?

• 40%

• 50%

• 60%

• 70%

Which company is considered to have the clearest growth prospects according to the transcript?

• Amazon

• Google

• Apple

• Facebook

What is the estimated opportunity value for Microsoft in the cloud sector?

• $4 trillion

• $3 trillion

• $2 trillion

• $1 trillion