Analyst Mendez Says Apple's Forecast May Be Conservative

The transcript discusses the potential iPhone supercycle with the release of new models, highlighting surprising demand for the iPhone 8 Plus. It covers market growth in China and India, noting a 40% year-on-year increase in emerging markets. The impact of equipment installment plans on consumer demand is also analyzed, with insights into how these plans have affected phone upgrade cycles.

What was surprising about the demand for the iPhone 8 Plus according to Tim Cook?

• It was lower than expected.

• It was only high in emerging markets.

• It was the greatest they had ever seen for a larger phone.

• It was similar to the demand for the iPhone 6 Plus.

Which market showed a 12% growth for Apple, as mentioned in the transcript?

• Europe

• China

• United States

• India

What factor contributed to the doubling of Apple's sales in India?

• Price reduction of older iPhone models

• Increased marketing efforts

• Improved average connection quality by wireless carriers

• Introduction of new iPhone models

How did equipment installment plans initially affect consumer demand for iPhones?

• They led to immediate upgrades.

• They created a headwind to demand.

• They had no impact on demand.

• They increased demand significantly.

What might encourage consumers to upgrade their phones despite the installment plan headwind?

• Increased marketing campaigns

• Lower prices of older models

• Compelling new features in recent models

• Extended warranty offers