WEBVTT - Is Apple on its Last Leg?

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<v Speaker 2>by P and C Bank, a lot of people think

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<v Speaker 3>So let's talk about Apple. I want to show a

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<v Speaker 3>video that Ty Lopez recently made itself.

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<v Speaker 1>I Lopez ceue the video.

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<v Speaker 4>I'm pretty sure I'll make a prediction. Your grandchildren will

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<v Speaker 4>not know what Apple is, just like nobody thinks about

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<v Speaker 4>IBM anymore. Like IBM still exists, but it's not in

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<v Speaker 4>the collective consciousness. Nobody's gonna remember. Apple's a shitty company.

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<v Speaker 4>Look I do like an iPhone. They don't innovate anymore.

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<v Speaker 4>I message, which is a huge tool. It's the worst.

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<v Speaker 4>I built a company called Bulldozer. It's coming out. We

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<v Speaker 4>have better texting capabilities efficiency, just like what'sapp is way better.

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<v Speaker 4>Thirty people built What's app way better tool. You can

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<v Speaker 4>create groups, rename the groups, put people in and out

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<v Speaker 4>of the groups.

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<v Speaker 1>You can do broadcast lists.

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<v Speaker 4>None of that.

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<v Speaker 1>You can do Apple one hundred billion.

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<v Speaker 4>This is an obsolete bureaucratic company that will disappear, disappear.

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<v Speaker 4>It sucks unless they change.

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<v Speaker 1>It, all right.

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<v Speaker 3>So that was interesting. I saw it because in a minute,

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<v Speaker 3>it kind of speaks about what we've been saying with Apple,

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<v Speaker 3>and ty Lopez is somebody who you know, I'm not

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<v Speaker 3>the biggest Ty Lopez fan in full transparency, because like

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<v Speaker 3>he's one of these people that I don't know what

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<v Speaker 3>he's done then, like play basketball and with girls in bikinis.

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<v Speaker 2>Es my content and day we saw him by old businesses.

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<v Speaker 2>I'm not sure what the return was on as yeah,

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<v Speaker 2>this campaign and how he was trying to yeah, a

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<v Speaker 2>couple of a couple of stores that I don't know.

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<v Speaker 2>I haven't seen the return of investment. I don't know

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<v Speaker 2>what the return on investment is. But he was on

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<v Speaker 2>a campaign doing.

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<v Speaker 3>That allegedly, Like I said, shout out to Todd, you can't.

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<v Speaker 1>We don't no disrespect.

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<v Speaker 3>I have no problem with him. You can't knock the hustle.

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<v Speaker 3>But I'm just saying I just he strikes me as

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<v Speaker 3>as an Internet marketer.

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<v Speaker 1>But hey, whatever.

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<v Speaker 3>But that was just an interesting take because that is

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<v Speaker 3>kind of in line of what we've been saying. So

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<v Speaker 3>I don't want to beat the dead horse with this

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<v Speaker 3>Apple situation. But I just saw that on Instagram, thought

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<v Speaker 3>it was thought it was something interesting. So, yeah, the

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<v Speaker 3>destruction of Apple in real time? Is this what we're witnessing.

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<v Speaker 5>If they don't fix this iPhone issue. Tim Cook, Yes,

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<v Speaker 5>I've said since twenty twenty that the peak of Apple

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<v Speaker 5>will be twenty thirty four. If they don't fix some

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<v Speaker 5>of these issues, we may see twenty thirty. But it's

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<v Speaker 5>very rare for our company to last thirty or forty

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<v Speaker 5>years and have peak or pole position.

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<v Speaker 1>I do think they can make a comeback.

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<v Speaker 5>I was telling stock Club yesterday on the call if

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<v Speaker 5>they make a hard transition into being like into healthcare,

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<v Speaker 5>because they need a space in which they can operate

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<v Speaker 5>as a startup. They've maximized the global smartphone market. They

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<v Speaker 5>need to go into another market where they can be

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<v Speaker 5>like an incumbent player and innovate and disrupt there. If

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<v Speaker 5>they move into healthcare, they'll be fine as a result.

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<v Speaker 5>Do I think we're seeing the destruction of Apple. If

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<v Speaker 5>we don't see an adjustment in the next two years,

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<v Speaker 5>they won't have their leadership position anymore because Microsoft worth

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<v Speaker 5>like the number two assets in the world right now

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<v Speaker 5>is Gold and then Microsoft wouldn't have thought that probably

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<v Speaker 5>eight years ago. But they have to make a strong

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<v Speaker 5>pivot in order to keep this number one position. But

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<v Speaker 5>it's a good Lottor you just talked about it in

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<v Speaker 5>the Vest Vest. You have to reinvent every year, like

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<v Speaker 5>as much we talked about it with Elon and Kanye

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<v Speaker 5>and Madonna back in the day, and fifty center is

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<v Speaker 5>done to now. You have to reinvent yourself and move

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<v Speaker 5>into different verticals. If you want to steal exist, people

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<v Speaker 5>won unless you have a forty or fifty year run

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<v Speaker 5>off the same product.

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<v Speaker 2>Yeah, we're starting to see some of those blemishes. I

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<v Speaker 2>don't know if it's a full on destruction because even

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<v Speaker 2>when we talk about assets, yes, Gold is number one,

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<v Speaker 2>Microsoft is number two, but that was number three.

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<v Speaker 1>It's right there. But I feel like it's the.

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<v Speaker 2>First time that we're starting we see blemishes, right, Like,

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<v Speaker 2>we're starting to see some holes in this golden armor,

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<v Speaker 2>right when we talk about some of the products that

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<v Speaker 2>haven't worked, when we talk about some of the rollouts

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<v Speaker 2>that haven't worked. I know recently when we I mean

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<v Speaker 2>way we will get into it, but that I had

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<v Speaker 2>ad and them having to pull back on that.

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<v Speaker 1>We're starting to see stores trying to unionize.

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<v Speaker 2>I know they fought it off in Jersey, but now

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<v Speaker 2>there's another one that's popping up in DC. So you're

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<v Speaker 2>starting to feel like, all right, this golden brand who

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<v Speaker 2>has so much loyalty and Drake went through the sentiments changing,

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<v Speaker 2>it's starting to feel like there's a change. We don't

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<v Speaker 2>know what the innovation is. We'll talk about the chat

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<v Speaker 2>GBT situation. I think you're spot on with the industry, right, like,

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<v Speaker 2>how do they get into the next industry Because one

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<v Speaker 2>of the other blemishes we saw was all right, we

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<v Speaker 2>can't wait till they get into the automotive industry. They're

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<v Speaker 2>going to have this car and then it's like, you

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<v Speaker 2>know what, that's probably not going to be it. We're

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<v Speaker 2>not doing cars. Where are we going to go with AI. Well,

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<v Speaker 2>are they going to create their own Yes, they got

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<v Speaker 2>the M four chip, which is probably one of the

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<v Speaker 2>strongest semis. But can they create their own or do

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<v Speaker 2>we just say all right, let's just team up with

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<v Speaker 2>the team that's already doing it.

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<v Speaker 1>Is that innovation?

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<v Speaker 2>What they do have at their leisure is capital, Yeah,

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<v Speaker 2>and so you have to believe that something will come

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<v Speaker 2>from having that amount of capital, either it's an acquisition,

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<v Speaker 2>or they're going to double down in an industry like

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<v Speaker 2>you said, it could be healthcare, probably will be just

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<v Speaker 2>because they have I think that that has to be

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<v Speaker 2>the route. We already talked about innovation in the terms

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<v Speaker 2>of moving from country to country. Yeah, but I think

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<v Speaker 2>it's going to have to be a new sector for

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<v Speaker 2>them or a new industry inside of that one that exists,

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<v Speaker 2>and they can take market share from, not dominate right away,

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<v Speaker 2>but take market share because we already know Amazon when

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<v Speaker 2>we talk about healthcare, and they're there, right, So can

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<v Speaker 2>you come in and be disruptive?

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<v Speaker 1>Can you have some market share?

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<v Speaker 2>I'll be interested to see over the next couple of years,

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<v Speaker 2>because it won't The iOS system is the iOS system,

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<v Speaker 2>The iPhone is the iPhone. We already know what the

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<v Speaker 2>services industry does. It has to be something else. It

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<v Speaker 2>needs to be a shakeout.

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<v Speaker 5>Yeah, and then the vision pro hasn't works as well

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<v Speaker 5>because of price point sensitivity is okay.

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<v Speaker 1>Also, they need some new board men. It stelling stock

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<v Speaker 1>club call is yesterday.

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<v Speaker 5>Like with the exception of Angela from Birdberry, they lost

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<v Speaker 5>Johnny ive huge loss. They haven't added anybody knew that

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<v Speaker 5>board is still comprised of people to Steve put in

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<v Speaker 5>that position. I would go after somebody from Lily and

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<v Speaker 5>put them on the board because you need some guidance

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<v Speaker 5>in their health care space. It's not a sexy industry,

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<v Speaker 5>but I think they can innovate incredibly fast there. They

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<v Speaker 5>got to make some changes, and I think it's a

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<v Speaker 5>good rule of thumb every two years to reinvent yourself

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<v Speaker 5>or your business.

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<v Speaker 1>In some way.

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<v Speaker 5>And even like with the air pods, it's more conjecture

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<v Speaker 5>around if they're healthy or not. The iPad ad you

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<v Speaker 5>already brought up. People were not feeling that the iPad

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<v Speaker 5>in the self. I don't think many people are using it,

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<v Speaker 5>so they just have to find a way to come

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<v Speaker 5>up with it with a better product. The trading app

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<v Speaker 5>that they had, they shut down the car thing they

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<v Speaker 5>shut down.

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<v Speaker 1>It's like.

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<v Speaker 2>This is like a I don't want to call it

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<v Speaker 2>out with you, but sometimes when your product is that good,

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<v Speaker 2>do we need a new one?

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<v Speaker 1>Right? So, Like I have the iPad, it still works perfect.

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<v Speaker 1>I don't need a new one everything.

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<v Speaker 2>What's the incentive for me to buy a new one

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<v Speaker 2>because now I have a band that has an extra

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<v Speaker 2>few features.

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<v Speaker 1>I don't know if that's the reason.

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<v Speaker 5>But Steve jobs hat like that's the part, like they

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<v Speaker 5>almost try and wipe the memory of him building that

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<v Speaker 5>company away, like they've gone away too far from what

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<v Speaker 5>the original vision was.

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<v Speaker 1>Shock. Everybody works at Apple.

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<v Speaker 5>If you want to talk innovation, the iOS has gotten better,

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<v Speaker 5>but it's not a transformational improvement where you're like I

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<v Speaker 5>have to have it, like even I've phoned fans and

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<v Speaker 5>Apple fans or like I don't need another iPhone. It's

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<v Speaker 5>bad when your core fan base is like, I don't

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<v Speaker 5>need another one.

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<v Speaker 1>Same thing with the Mac sales, right, do I need

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<v Speaker 1>a new Mac? My one?

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<v Speaker 2>My Mac from twenty twenty two is perfect? Do I

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<v Speaker 2>need a new one? But I think what they've done

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<v Speaker 2>to kind of offset that is they decided all right,

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<v Speaker 2>if we're gonna have a slow down in somebody sales

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<v Speaker 2>for the iPhone, for the MacBook, for the iPad, is

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<v Speaker 2>they're putting their own chips inside, and so now you

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<v Speaker 2>don't spend as much, Right, there's not as much outside expenditures.

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<v Speaker 1>Right, Well, this still will be. But until you get

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<v Speaker 1>to the point where you're just.

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<v Speaker 2>Manufacturing your own and you put your own chips inside

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<v Speaker 2>of your devices, that cust cost long term.

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<v Speaker 1>But I don't know if.

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<v Speaker 2>There's a product unless they decide that this the M

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<v Speaker 2>four ship is so good that they'll start licensing out

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<v Speaker 2>to other companies.

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<v Speaker 6>An illegal alien from Guatemala charged with raping a child

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<v Speaker 6>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 6>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 6>filming and selling child pornography in Michigan. These are just

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<v Speaker 6>some of the heinous migrant criminals caught because of President

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<v Speaker 6>Donald J. Trump's leadership. I'm Christy Noman, the United States

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<v Speaker 6>Secretary of Homeland Security. Under President Trump, Attempted illegal border

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<v Speaker 6>crossings are at the lowest levels ever recorded, and over

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<v Speaker 6>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 6>are here illegally, your next you will be fine nearly

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<v Speaker 6>one thousand dollars a day. Imprisoned and deported, you will

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<v Speaker 6>never return. But if you register using our CBP home

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<v Speaker 6>app and leave now, you could be allowed to return legally.

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<v Speaker 6>Do what's right. Leave now. Under President Trump America's laws,

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<v Speaker 6>border and families will be protected.

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<v Speaker 1>Sponsored by the United States Department of Homeland Security,