Why Ives Is Still Bullish on Apple Despite Earnings Miss

The video discusses the current state of the Nasdaq and Apple's market performance, highlighting the impact of China's supply chain issues on Apple's sales. It analyzes market reactions and future predictions, emphasizing the importance of China's role in Apple's growth. The video also explores valuation changes in the tech sector, particularly in cloud businesses, and concludes with insights into the future of technology and AI, suggesting a new phase of industrial revolution driven by AI advancements.

What are the implications of the cost-cutting measures mentioned for the tech industry?

What does the speaker mean by 'the early stages of a fourth industrial revolution'?