Gene Munster Would Love for Apple to Make a Big Acquisition

The transcript discusses Apple's financial strategies, focusing on cash flow, share buybacks, and dividends. It highlights market expectations for Apple's earnings and share value, driven by iPhone growth and services revenue. The sustainability of Apple's services growth is emphasized, supported by a large base of active devices and increasing paid subscribers.

What is the expected use of 70% of Apple's free cash flow?

• A large acquisition like Tesla

• Share buyback or dividend

• Investment in new technology

• Expansion into new markets

What do investors expect from Apple's share buyback and iPhone growth?

• A decrease in earnings

• Stagnant share price

• A major acquisition

• Around $14.00 in earnings next year

What was the revenue growth percentage in Apple's services?

• 18%

• 25%

• 30%

• 10%

How many active devices does Apple have, according to the transcript?

• 1 billion

• 1.3 billion

• 2 billion

• 2.5 billion

What was the year-over-year growth percentage in paid subscribers on Apple devices?

• 65%

• 58%

• 50%

• 45%