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Speaker 3: So Samsung yep overtakes Apple right as the world's top
Speaker 3: smartphone provider and uh Chinese.
Speaker 2: Rivals You got to you got to companies wild Way
Speaker 2: and show.
Speaker 1: Me Show Me.
Speaker 4: Okay, gotcha show me, But it has an exit spelled
Speaker 4: to exit x I.
Speaker 1: Oh am I.
Speaker 3: So those two companies are the third and fourth largest
Speaker 3: smart smartphone providers in the world, respectfully, and they're taking
Speaker 3: market share. So you know, Apple has been on and
Speaker 3: down with trajectory for about a year now, and you know,
Speaker 3: it's been a lot of bad news and this was
Speaker 3: the most recent conversation as far as smart Samsung taking
Speaker 3: over them as a number one provider in the smartphone world.
Speaker 3: So what's what's the thoughts on this news.
Speaker 4: I wanted to do like I did a couple of
Speaker 4: years ago when I had that breakup, come in and
Speaker 4: I talked about it, but I kind.
Speaker 1: Of got to addressed this. They'act like everything's fine this
Speaker 1: time around, you know. So with that being a couple
Speaker 1: of things they.
Speaker 4: I get really worried when someone is in the leadership
Speaker 4: spot of being number one and then they get complacent. Apple,
Speaker 4: please reach out to us asap. I got a few ideas.
Speaker 4: I know some of y'all like, whatever idea you have.
Speaker 4: Android has got a couple of tricks up my sleeve.
Speaker 4: Number two, they need to find a smaller player to acquire.
Speaker 4: I keep saying that I think they should acquire Dji
Speaker 4: a couple of years ago. But if they do not
Speaker 4: get a strangle hold on this over the next couple
Speaker 4: of years as the market is shifting, We'll talk about
Speaker 4: red Lobster later.
Speaker 1: I followed for bankruptcy. Shot to this biscuits.
Speaker 4: Though, I get worried when we have a cyclical change
Speaker 4: and a product leader falls out of favor because if Samsung,
Speaker 4: I mean they got the six point four billion from Biden,
Speaker 4: that helps a hell of a lot. That kind of
Speaker 4: broke my heart. They need some innovations over the next year.
Speaker 4: If our Apple I was shut almost every other project
Speaker 4: down and figure out ways to make that phone better,
Speaker 4: because they've really been reselling this phone for nine years now.
Speaker 4: iOS has been great, but the features on it are
Speaker 4: not better. And I think it's time that as investors
Speaker 4: we have an open outcry to the investor relations team
Speaker 4: and say, hey, guys, gotta fix the shit or you're
Speaker 4: going to end up losing your market share. You may
Speaker 4: not ever be able to get it back. For those
Speaker 4: of you who are saying, hey, you worry too much,
Speaker 4: You fear monger too much. At one point, City Group
Speaker 4: was the biggest thing on Wall Street, and it fell
Speaker 4: apart in two thousand and seven. We're seeing some black
Speaker 4: Swan like events start to line up. Please write this down.
Speaker 4: The macro picture matters more so if we get two
Speaker 4: more major black Swan events and the market drops like
Speaker 4: amb is pulling back dramatically as well. They're kind of
Speaker 4: pricing in something that is about to happen. I don't
Speaker 4: know if Apple can sustain this lead in a smartphone
Speaker 4: race if we go through a crash for two years,
Speaker 4: or they don't raise rates until twenty five and then
Speaker 4: we have a new the White House like, it's a
Speaker 4: very scary time. But this is what happens when you
Speaker 4: don't innovate. I know sometimes you guys look at the
Speaker 4: showmanship of what we do of putting on a good
Speaker 4: show and the rollout of investmentest but you have to
Speaker 4: innovate every year or you're gonna get killed. Got competition
Speaker 4: lined up everywhere, and this is what happens when you
Speaker 4: don't innovate n a fast enough clip and don't listen
Speaker 4: to your customer base.
Speaker 2: Yes, all those things are true. There's another piece that
Speaker 2: we have to take into account. It is the geopolitical
Speaker 2: side of it. When you're talking about which companies are
Speaker 2: in third or fourth, they're Chinese companies.
Speaker 1: And there's a reason.
Speaker 2: Why they're third and fourth because more people are starting
Speaker 2: to look at nationalism as a piece of their pursising.
Speaker 2: Rather than buying the American phone, they are now choosing
Speaker 2: to buy a phone that has similar qualities, that is from.
Speaker 1: A Chinese company in their home country from their home country.
Speaker 2: You added to the fact that the Chinese companies and
Speaker 2: agencies are now eliminate employees to use Apple devices that
Speaker 2: hurts them as well.
Speaker 1: Yea, right, but this is not move on us. This
Speaker 1: is right.
Speaker 2: So now it's okay, well you want to ban our apps, Well,
Speaker 2: here's what we're going to start doing to our employees
Speaker 2: and some of our citizens. We're going to start restricting
Speaker 2: how many people can have your product that hurts. Apple's
Speaker 2: iPhone sales dropped ten percent in twenty twenty four of
Speaker 2: the first quarter. Think about that ten percent, which is
Speaker 2: you need China, you need them, you need them. So
Speaker 2: Samsung obviously has twenty percent number one. Now they have
Speaker 2: twenty percent of the smartphone market. Apples in second place
Speaker 2: to seventeen percent. But those two companies that we mentioned
Speaker 2: before showed me and Huawei all right there, right there,
Speaker 2: and then moving at a fast paced One of the
Speaker 2: reasons that Samsung was able to go ahead is because
Speaker 2: the release of the S twenty four and the functioning
Speaker 2: inside the S twenty four is probably what pushed it
Speaker 2: over the top. They have made a concerted effort to
Speaker 2: make sure that AI is a component in this sales
Speaker 2: of that phone.
Speaker 1: Ye.
Speaker 2: Apple to this date and it's still early, we all
Speaker 2: wait for June has still not said what they're going
Speaker 2: to be doing in the AI space. We've seen it
Speaker 2: from all the majors. We saw it for Microsoft obviously,
Speaker 2: we know what Nvidio is doing. We've seen it from Google,
Speaker 2: We've seen it from Meta. What they're talking about, Hey,
Speaker 2: I what is the role that Apple's going to play
Speaker 2: in it? What's the innovation that they're going to have
Speaker 2: in it? And is it going to be inside of
Speaker 2: the next innovation or rendition of the iPhone?
Speaker 1: We don't know that yet, so I hope.
Speaker 2: So you add that into all of the factors that
Speaker 2: you spoke about, and you can see why it is
Speaker 2: a pullback. And we talked about this. It's the same
Speaker 2: phone over and over. Yep, this is not innovative anymore. June,
Speaker 2: I think is you said a couple of years. I
Speaker 2: don't know how many more quarters they can have like this? Right,
Speaker 2: if we start to see ten percent temper this could get.
Speaker 1: They're going to have to discount them phones.
Speaker 2: And that's a but that so that when they discount
Speaker 2: the phones in China, it didn't work. Yeah, right, because
Speaker 2: now you made them the same price as some the
Speaker 2: cup these that are from China. Right, and so if
Speaker 2: they have to choose, they're gonna choose, right, that nationalist economy.
Speaker 2: They're gonna choose the phone that that that's made from
Speaker 2: the people that look like them. So you got to
Speaker 2: take that into account as well. So it a couple
Speaker 2: more of these quarters that look like this, we're gonna
Speaker 2: have a different conversation.
Speaker 1: Yeah, and important.
Speaker 2: It's too important, it's too vital to our economy to
Speaker 2: have this type of depreciation. So we got we gotta
Speaker 2: really keep eye on this.
Speaker 4: Back to what I said on Blackout, I appreciate the
Speaker 4: partnerships that you have. Let's say, if I have a
Speaker 4: yacht party and I say Troyshot can't come, guess what,
Speaker 4: and that's that's.
Speaker 1: Probably won't be there.
Speaker 4: Right. So as soon as they start blocking China, and
Speaker 4: then guess what China said, Oh you want to block Okay, cool,
Speaker 4: guess what, We're gonna block your product here too, YouTube testa.
Speaker 4: Both of y'all get the hell out and figure it
Speaker 4: out on your own.
Speaker 2: Yeah, it's happening and you can see it now. The
Speaker 2: new thing right, We're watching this happen with TikTok. Right,
Speaker 2: what's gonna happen with TikTok?
Speaker 1: Now?
Speaker 2: The ninety days is potentially being extended to eight months, right, So.
Speaker 1: I mean this is a catfight that can mean to
Speaker 1: help your war unless you sell an arms and then yeah.
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