Ives: Apple's China sales will grow 15% to 20% next year
Dan Ives · The Apple Paradox, Trump’s Impact on Markets, NVIDIA Demand — With Dan Ives and Stephanie Link · Oct 23, 2024 · at 4:32
Dan Ives forecasts a rebound in Apple's sales in China on the Big Technology Podcast.
0:00 / 0:22exact quote · 22.6s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“But Alex, if you look at comps, the next year, China's gonna be up 15, 20%, and that's why, like, the bears, when they come out of hibernation mood with iPhone mathematical gymnastics trying to scare people, the reason the stock's not doing anything, because institutional investors are reading through it and seeing ultimately, numbers probably have to come up 10, 15% for the year.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Dan Ives
Ives: Current fiscal year will be Apple's strongest iPhone unit year ever
“So regardless of what you want to say about Apple intelligence, if it's going to be rolled out in October, November, January, February, in the next, for this fiscal year, this will, unless some black swan event happens, be the strongest iPhone unit year ever h…”
Ives: 20% of consumers will access AI through Apple within 18 months
“The second is that it's our view, regardless of timing, next 1218 months, 20% of the world ultimately is going to access AI, especially as more developers build apps through an Apple device.”
Ives: Apple's services business will reach a $2 trillion valuation
“That services piece that at one point was valued, five hundred billion, I think it's going to be closer to two trillion in terms of the valuation as that reaches 125 hundred fifty billion per year.”
Ives: Apple upgrade cycle will drive stock regardless of AI
“This upgrade cycle in itself without AI, the stock's going to work. The AI piece is ultimately the start of how most consumers in the world are going to eventually interact with AI.”