Apple Gets a 'Gut Punch' in China: Dan Ives

The transcript discusses Apple's current challenges with production and supply chain issues, primarily due to its dependency on China. These issues have led to deferred revenue and potential impacts on share prices. Despite strong demand, especially for the iPhone 14 Pro, Apple faces significant supply shortages. The discussion also explores whether these issues are temporary and the potential long-term effects if they persist into 2023.

What is the current ratio of demand to supply for Apple's products?

• 3:1

• 4:1

• 2:1

• 1:1

What is a major factor tying Apple's hands in terms of production policy?

• High production costs

• Global competition

• Dependency on China

• Lack of innovation

What percentage of production does Apple realistically aim to move out of China by 2024?

• 30-35%

• 10-15%

• 5-7%

• 20-25%

What is the expected timeframe for Apple to ramp up production according to the discussion?

• Next 6 months

• Next year

• Next 3 months

• Next month or two

What strategy is Apple considering to manage the demand-supply imbalance?

• Increasing prices

• Expanding to new markets

• Offering discounts

• Reducing production