Apple Cuts Revenue Outlook as China iPhone Demand Slumps

The transcript discusses Apple's current market challenges, including stagnant iPhone unit growth and competition in China. It highlights Apple's strategy of increasing prices and enhancing features, but notes that these may not justify the price hikes. The discussion also covers consumer preferences, such as the preference for fingerprint sensors over face recognition. Finally, it suggests that Apple should consider acquisitions to drive growth, particularly in its services and other products segments.

What changes in consumer preferences were noted regarding phone features in China?

What potential strategies were suggested for Apple to acquire growth?