Apple CFO transition will be 'seamless,' says Wedbush's Dan Ives

Dan Ives, Wedbush Securities analyst, joins 'Squawk on the Street' to discuss the chief financial officer change happening at Apple, why Apple's next iPhone will launch the AI-driven super-cycle, and more.

[weho_brian]

fun fact: Dan has never worn the same pink blazer twice

[thndr_strck_]

take a shot every time Dan Ives says "godfather of AI Jensen"

[Jnoel]

I disagree with the historical upgrade cycle. The previous phones are still too good to justify a $1000 upgrade. Maybe if it was cheaper. But at 1K, people aren’t looking to upgrade often. I still have the 13 and I know people that are still happy with the 12.

[BarbaraLouise-ir]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

[anzatzi]

There is no imminent consumer AI revolution. There are not even proposed apps
ay this point. Check back in 10 years.

[johnslater]

She asks him an example of IA app, he couldn't answer.

[MarcusSausi]

From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family. ❤️

[Mr_New_Orleans]

More people care about the last 5 phones looking the same. We will wait with our dollars

[fengy.]

He knows nothing about AI, and he dodged the question about killer AI apps from the host. I'd like to know how many Apple shares he and his friends own.

[shaggy]

This new iPhone won't be ground breaking, it will be just enough to keep people from leaving to Android. Growth at Apple will never explode like it did for NVDA