IPhone 12 Demand Boosts Apple's Earnings

The transcript discusses Apple's strong quarterly performance, surpassing expectations with over $100 billion in revenue. Key growth drivers include iPhone units and services, with significant market potential in the US, China, and India. Despite high expectations, risks such as market slowdowns pose challenges.

What was a significant milestone Apple achieved in its quarterly revenue?

• Crossing the $50 billion mark

• Crossing the $150 billion mark

• Crossing the $200 billion mark

• Crossing the $100 billion mark

Which two vectors are considered the main drivers of Apple's business growth?

• Apple Watch and AirPods

• iPads and Apple TV

• Mac sales and wearables

• iPhone units and services business

What emerging market is Apple focusing on for future growth?

• Brazil

• Russia

• India

• South Africa

What is one of the key risks mentioned for Apple's future performance?

• Increasing competition from Samsung

• High expectations due to a 35 multiple

• Decline in software development

• Lack of innovation in new products

What could potentially impact Apple's iPhone business according to the transcript?

• A decrease in online sales

• A slowdown in the overall consumer market

• A rise in global smartphone sales

• An increase in manufacturing costs