Apple Shares Could Hit New Highs in Next 6-9 Months, Wedbush's Ives Says

The transcript discusses the unexpected rise in Apple's stock despite a significant earnings fall, highlighting optimism among investors and analysts. It explores Apple's strategy in China, focusing on iPhone upgrades and price cuts. The growing importance of Apple's services business is analyzed, with potential revenue from services like Apple Music and Apple TV+. Finally, predictions on the future performance of Apple shares are made, emphasizing the value of the services business.

What is the general sentiment among analysts and investors about Apple's future, despite a recent earnings fall?

• Concerned about competition

• Indifferent to market changes

• Optimistic about future growth

• Pessimistic due to declining sales

What is a key factor in Apple's strategy to boost iPhone sales in China?

• Introducing new phone models

• Expanding retail stores

• Increasing advertising budget

• Implementing price cuts

How does Apple plan to generate recurring revenue from its services?

• By reducing service prices

• By selling more hardware

• Through monthly subscriptions

• By offering free services

What is the expected impact of Apple's services business on its stock value?

• Stagnation of stock prices

• Potential for long-term growth

• No significant impact

• Immediate decline in value

What is the estimated worth of Apple's services business in terms of revenue?

• 100 to 150 billion

• 200 to 250 billion

• 300 to 350 billion

• 400 to 450 billion