The Apple Franchise Has Significant Upside, Says Munster

The video discusses the impact of iPhone sales on Apple's revenue, highlighting a decline in sales due to market saturation and high prices. It reviews past sales trends, particularly the strong iPhone 10 cycle, and the subsequent demand depletion. The iPhone 11 received positive market feedback, but challenges remain due to existing iPhone 10 users. The discussion concludes with an optimistic view on future market share growth, especially with the upcoming 5G cycle.

Discuss the implications of the statement that first-time buyers of iPhones are not growing much anymore.

What are the expectations for Apple's market share in the next three years according to the analysts?