BTIG Tech Analyst Raises Apple Target Price to $165

The transcript discusses Apple's market position, potential catalysts and risks affecting its stock, and financial strategies. It highlights the anticipation for a new phone, the impact of Samsung's return, and consumer price tolerance. The discussion also covers Apple's cash management, potential dividend changes, and political pressures. The conclusion emphasizes Apple's strong market position but acknowledges potential risks.

What was the market's expectation for Apple's earnings growth in 2018?

• Negative growth

• No growth

• Mid single-digit growth

• High double-digit growth

Which company is mentioned as a potential competitor that could impact Apple's market position?

• Microsoft

• Google

• Samsung

• Huawei

What is one strategy Apple uses to increase revenue from existing customers?

• Expanding into new markets

• Increasing the price of existing products

• Introducing new product lines

• Lowering phone prices

What financial strategy has Apple used to turn declines in net income into increases in earnings per share?

• Expanding market share

• Share buybacks

• Reducing operational costs

• Increasing product prices

What could potentially attract a new class of investors to Apple?

• Increased marketing efforts

• A new product launch

• Higher dividend yields

• Lower stock prices