Apple Analyst Ives Sees 'Large M&A' Coming Over Next Six Months

The transcript discusses Apple's stock outlook, dividend increase, and capital deployment. It explores the potential privatization of Apple and future M&A activities, particularly in content. The performance of iPhones in China is analyzed, highlighting price cuts and sales expectations. The services business is emphasized as a key valuation component, with comparisons to AWS. The potential for services to become a significant revenue stream is discussed, along with the idea of spinning off services like AWS.

What is the significance of the services business for Apple's future valuation?

What are the potential revenue streams for Apple in the next five to ten years?