Apple Has Put the Worst Behind Them, Citigroup's Suva Says

The transcript discusses Apple's current situation, focusing on resetting expectations and the impact of declining sales in China. It highlights Apple's need for innovation, increased R&D spending, and the effects of longer-lasting iPhones on sales. The future outlook includes expectations for upcoming product launches and stock valuation.

What was the percentage decline in Apple's revenue from China?

• 27%

• 20%

• 15%

• 30%

What is Apple increasing its spending on, according to the second section?

• Marketing

• Research and Development

• Manufacturing

• Salespeople

When is Apple's Worldwide Developer Conference scheduled?

• March

• June

• September

• December

What feature of iPhones is contributing to their longer lifespan?

• Increased battery life

• Waterproof design

• Faster processors

• Larger screens

What potential shift in business model is Apple considering?

• Expanding into new markets

• Becoming a software company

• Focusing on hardware only

• Transitioning to a services company