Let's get to Steve Kovac with some breaking news on
Apple this morning.
Hey, Steve. Hey there, Carl.
Yeah, May 7th, there's going to be an Apple event.
This is going to be a virtual event streamed on
apple.com,
probably YouTube as well. And we're expecting this one to
be new iPads.
And this is important because,
Carl, because last year, all of 2023 was the first
year that at least I can remember,
Apple didn't put out a new model of iPad.
As a result, sales have just been way down from
those COVID highs that we saw people just snapping up
all those iPads and Mac books.
And we're also expecting this,
Carl, to be a significant revamp of the iPad lineup,
including the iPad Pro. Bloomberg and others have reported that
they're going to be some significant updates to the screen
and things like that.
Also some lower end models of the iPad as well.
But look, today we got that headline out of China
saying sales of iPhones in that country were down about
19%.
That is what everyone's really focusing on more than the
iPad business.
It's can the iPhone business turn around,
especially in China? Carl, we always try to read the
tea leaves behind the announcement.
What do you think? Let loose?
Means I, I don't know what let loose means,
but I do know there is an Apple Pencil,
that stylus for the iPad on there.
So I mean you can't get more clear than that
this is going to be an iPad event.