Apple's Stock Could Top $350, Says Wedbush's Ives

The video discusses Apple's stock performance, highlighting a target of $350 per share due to a predicted Super Cycle driven by 5G technology. The speaker explains the potential for significant growth based on the large number of iPhones due for an upgrade. However, risks are acknowledged if the Super Cycle does not occur as expected. The analysis includes insights from Asia, suggesting a strong 5G product cycle, despite potential short-term challenges.

What is the current high valuation of Apple's stock based on?

• The launch of a new iPad

• The introduction of new MacBooks

• The expansion of Apple's retail stores

• The anticipation of a supercycle driven by iPhone upgrades

What is the bear thesis regarding the 5G supercycle?

• 5G will be a major success

• 5G technology might not meet expectations

• The stock market will crash

• Apple will release a new product line

What could happen if the 5G technology does not perform as expected?

• The demand for iPads will increase

• Apple will stop producing iPhones

• The supercycle might not materialize

• Apple's stock will rise significantly

What do suppliers indicate about the 5G product cycle?

• It will have no impact on the market

• It will be a strong product cycle

• It will be a weak product cycle

• It will only affect the Asian market

Despite potential market speed bumps, what is the overall outlook for Apple's stock?

• Uncertain

• Positive

• Negative

• Neutral