Gene Munster: Apple Desktop Tech in Phones in Three Years

What is the main advantage of the A9 chip compared to its predecessor?

• It supports more apps.

• It is more energy-efficient.

• It has a larger storage capacity.

• It is twice as fast.

What is a significant factor contributing to the expected growth in iPhone sales?

• Introduction of a new operating system.

• Increased marketing efforts.

• More people buying full cycle phones.

• Expansion into new markets.

How does Apple plan to maintain its gross margin despite introducing a lower-priced iPhone?

• By sustaining high-end industry standards.

• By increasing the price of other products.

• By cutting down on marketing expenses.

• By reducing production costs.

What is a major challenge for PayPal in the payments industry?

• Lack of innovation.

• High transaction fees.

• Competition from integrated payment systems.

• Limited user base.

What strategy might PayPal consider due to its competitive challenges?

• Increasing advertising.

• Selling the company.

• Developing a new product line.

• Expanding into new markets.