Why Wedbush's Ives Sees Apple Shares Hitting $325

The video discusses Apple's recent stock performance, highlighting a rise in shares that now surpasses the entire energy sector within the S&P 500. The speaker attributes this to a super cycle driven by the iPhone 11 and 5G, with a significant portion of Apple's consumer base expected to upgrade. Additionally, Apple's efforts to monetize its install base through initiatives like the Apple Card are explored, despite some challenges. The overall narrative suggests a positive outlook for Apple's stock, with expectations of continued growth.

What recent achievement did Apple shares accomplish according to the video?

• They were delisted from the S&P 500.

• They reached an all-time low in the stock market.

• They surpassed the market cap of the entire energy sector in the S&P 500.

• They announced a merger with a major energy company.

What is the expected impact of the iPhone 11 and 5G on Apple's growth?

• They will lead to a reduction in Apple's services revenue.

• They are anticipated to drive a super cycle of upgrades.

• They will cause a decline in Apple's stock price.

• They are expected to decrease Apple's market share.

How many consumers within Apple's ecosystem are expected to upgrade their devices?

• 900 million

• 100 million

• 200 million

• 400 million

What is Apple's strategy to further monetize its installed base?

• By reducing the price of its products.

• By launching new hardware products only.

• By exiting the services market.

• Through initiatives like the Apple Card.

What is the current stage of Apple's rerating story according to the video?

• The beginning

• The middle innings

• The final stage

• The post-rerating phase