Apple Stock Could Hit $175 on iPhone Demand, Ives Says

The transcript discusses the pent-up demand for 5G phones, highlighting the increase in customers who haven't upgraded in years. It emphasizes the impact of 5G technology on the market, predicting a significant growth cycle for Apple, especially in the US. The discussion also covers supply chain issues and the critical role of the Chinese market in driving growth. The focus shifts to hardware, with the iPhone 12 expected to solidify Apple's installed base, setting the stage for future growth.

What percentage of the installed base had not upgraded in over three years, according to the analysis?

• 50%

• 40%

• 25%

• 10%

What is the expected impact of the delayed phone launch on the market?

• It will shift sales to the next year.

• It will have no impact on the market.

• It will significantly decrease demand.

• It will increase supply issues.

Why is China considered crucial for the growth of the new phone model?

• China has the largest number of 5G towers.

• China is the largest market for smartphones.

• China has no supply chain issues.

• China offers the cheapest production costs.

What was the nature of the issue with streaming in China?

• Retaliatory action

• Technical malfunction

• Network congestion

• User error

What is the focus of the upgrade cycle according to the final section?

• Software updates

• Service expansion

• Hardware improvements

• Marketing strategies