JMP President Not Worried About Apple Supply Issues

The transcript discusses the high demand and potential delays for new iPhones, particularly the iPhone X, and how this might affect Apple's financials. It highlights the shift to facial recognition technology and addresses concerns about potential issues similar to past Apple product changes. The discussion concludes with a positive long-term outlook for Apple, despite short-term challenges.

What is one reason early adopters are eager to purchase the iPhone X?

• It has a lower price than previous models.

• It comes with a free accessory.

• It offers a new design and features.

• It is available in more colors.

How might the delayed shipping of the iPhone X affect Apple's December quarter?

• It could lead to higher than expected earnings.

• It might cause the quarter to come in lighter than expected.

• It will have no impact on the earnings.

• It will result in a decrease in stock prices.

What is the primary reason for the shortage of the iPhone X?

• High demand for the device.

• Lack of marketing efforts.

• Issues with the new facial recognition technology.

• Problems with the supply chain.

What concern is raised about the new facial recognition technology?

• It might replace a critical feature with something worse.

• It could be more expensive to produce.

• It might be less secure than Touch ID.

• It could lead to privacy issues.

How does the speaker view the potential supply chain issues with the iPhone X?

• As a reason to delay the launch.

• As a long-term problem for Apple.

• As a major concern for investors.

• As a temporary issue that won't affect the stock significantly.