Why Wedbush Raised Its Apple Price Target to $245

The transcript discusses Apple's stock performance, focusing on its rating and price target. It highlights the economic situation in China, noting stabilization at low levels. The conversation shifts to Apple's growth strategy, emphasizing services and the upcoming 5G cycle. Future projections for Apple are discussed, including potential challenges and growth opportunities.

What is the main focus of Apple's transition discussed in the first section?

• Increasing iPhone sales

• Diversifying revenue streams

• Reducing production costs

• Expanding into new markets

What is the current state of China's GDP growth as mentioned in the second section?

• Unchanged

• Rapidly increasing

• Stabilizing at lower levels

• Declining sharply

How are US-China trade tensions affecting the economic situation in China?

• They are worsening the situation

• They have no impact

• They are improving the situation significantly

• They are helping to stabilize the situation

What is the anticipated impact of the upcoming iPhone super cycle on Apple's growth?

• Minimal impact

• Significant growth

• Decline in sales

• No change

What is considered the 'golden jewel' for Apple's future growth?

• New product launches

• Monetization of the install base

• Increased marketing efforts

• Expansion into new regions