Ives Isn't Throwing in the Towel on Tech Stocks

The video discusses Apple's price target of $220 amidst challenging market conditions, highlighting the growth of iPhone 14 and underestimated services. It explores Apple's ASP and revenue growth, driven by Pro models and demand in China. The supply chain improvements and consumer demand are analyzed, with a focus on Apple's resilience during economic downturns. The tech sector's outlook and risks, including the need for lower yields, are examined. Challenges faced by social media companies like Meta, due to advertising and privacy issues, are discussed. Finally, the impact of China on Apple's supply chain and strategy is highlighted.

What is the estimated number of iPhones that have not been upgraded in the last 3 and a half years?

How does the speaker view the demand for Apple's products in light of economic downturns?

What is the speaker's perspective on the future of social media companies like Meta?