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.

Discuss the implications of the iPhone upgrade cycle slowing down for Apple's business model.

What expectations do analysts have for Apple's stock performance in the coming months?