iPhone 11 Demand Will Surprise the Street, Analyst Ives Says

The transcript discusses the pricing and innovation concerns surrounding Apple's iPhones, highlighting the lack of 5G and price adjustments. It analyzes the demand at the Fifth Ave store, noting a significant increase in customer interest, partly due to new camera technology. The discussion also covers the impact of tariff exclusions on Apple's costs and stock, emphasizing the ongoing trade tensions between the US and China.

What is one reason consumers might still be interested in upgrading their iPhones despite the lack of 5G?

• The reduction in price of lower-end models

• The inclusion of a free accessory with purchase

• The introduction of a new operating system

• The availability of new color options

What is a significant factor contributing to the increased demand at the 5th Ave Apple store?

• The introduction of a new payment plan

• The launch of a new iPad model

• The three-camera lens technology

• The opening of a new store nearby

How many iPhones are currently in a window of an upgrade opportunity?

• 100 million

• 350 million

• 500 million

• 900 million

What was the impact of the initial tariff on Apple's costs?

• A 5% increase

• A 10% increase

• A 1 to 2% increase

• No impact

What is the general sentiment about iPhone demand despite tariff challenges?

• Demand is exceeding expectations

• Demand is stable

• Demand is unpredictable

• Demand is declining