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.

How does the speaker view the impact of China on Apple's growth potential?

What is the significance of the iPhone 12 in the context of the upgrade cycle?