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Advance Placement: Apple's Plan to Takeover Banking · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: Apple has beat earnings last week. Yes, what does it
• 1:04
  Speaker 3: mean for the stock market over all? And what does
• 1:08
  Speaker 3: it mean for the economy. I'm sure Tim Cook's primary
• 1:11
  Speaker 3: bedroom's amazing real shout out to Tim Cook and everyone
• 1:17
  Speaker 3: on Apple revenue was at ninety four point eight billion
• 1:20
  Speaker 3: versus ninety two point six, which was expected, and then
• 1:24
  Speaker 3: iPhone was at fifty one point three billion versus forty
• 1:26
  Speaker 3: eight point nine. Now they adjusted guidance and revenue because
• 1:30
  Speaker 3: running software economy, I get that, yes, but it goes like,
• 1:33
  Speaker 3: I mean, just on revenue alone, they made ninety four
• 1:36
  Speaker 3: point eight billion. So if you're looking should I invest
• 1:39
  Speaker 3: Apple versus another company, you have to invest in the
• 1:43
  Speaker 3: companies that are making the most cash.
• 1:45
  Speaker 4: So write this down.
• 1:46
  Speaker 2: Whoever has the most revenue she being in your consideration
• 1:49
  Speaker 2: for what's in your portfolio. So even there on on
• 1:52
  Speaker 2: the iPhone side, they did fifty one point three billion
• 1:55
  Speaker 2: in a quarter, which is bigger than most companies will
• 1:58
  Speaker 2: do in a year. And that the earnings absolutely because
• 2:03
  Speaker 2: I mean they weren't expecting the iPhone to have any
• 2:06
  Speaker 2: increases quarter. Absolutely, the fact that it went up two
• 2:09
  Speaker 2: percent was like, all right, great, this is incredible.
• 2:11
  Speaker 4: So yeah, can I run them down?
• 2:13
  Speaker 5: Because when we talk about the verticals, a lot of
• 2:15
  Speaker 5: people just think Apple. They might think it's just the
• 2:18
  Speaker 5: MacBook or it's just the phone. Let's go down all
• 2:21
  Speaker 5: the verticals, and we'll just we'll just say that the
• 2:23
  Speaker 5: money that was made. So you said iPhone the revenue
• 2:25
  Speaker 5: was up fifty one billion, fifty one point three billion.
• 2:29
  Speaker 5: Wall Street expected it to be at forty eight, so
• 2:31
  Speaker 5: that was a plus. The MacBook it actually went down.
• 2:33
  Speaker 5: This was this was something that we'll talk about seven
• 2:36
  Speaker 5: point seven billion versus seven point eight billion. The iPad
• 2:39
  Speaker 5: also went down in revenue sixty six point sixty seven
• 2:42
  Speaker 5: billion as opposed to the six point sixty nine. And
• 2:46
  Speaker 5: then the other revenue from the products, so we had
• 2:50
  Speaker 5: eight point seven billion as opposed to eight point four
• 2:53
  Speaker 5: to three which was expected.
• 2:55
  Speaker 4: And then the services.
• 2:56
  Speaker 5: So the services is crazy because you think about it. Yeah,
• 3:00
  Speaker 5: Apple Music, but one of the biggest things is the
• 3:04
  Speaker 5: deal that they have a Google yep to be.
• 3:06
  Speaker 2: The number one search engine alone. And we talked about
• 3:08
  Speaker 2: this last week and not beefing. You would think Apple
• 3:11
  Speaker 2: and Google our competitors. They're technically Apple marctsoft in Google
• 3:15
  Speaker 2: like a soft monopoly that operates together.
• 3:18
  Speaker 5: I mean twenty billion, twenty almost twenty one billion in
• 3:21
  Speaker 5: the quarter just from the services alone.
• 3:23
  Speaker 4: Just think about that.
• 3:24
  Speaker 5: Yeah, just just having a partnership or having a deal
• 3:27
  Speaker 5: with the company that's doing has a product that you're saying,
• 3:30
  Speaker 5: this can help us in our businesses. Obviously the app
• 3:32
  Speaker 5: stores inside of that as well, but twenty billion just
• 3:35
  Speaker 5: in services. So you have all these verticals. Now if
• 3:39
  Speaker 5: you look at it, if they're earnings, all of those
• 3:40
  Speaker 5: went down except for the iPhone. And Apple still doesn't
• 3:45
  Speaker 5: give future guidance. They haven't done it.
• 3:46
  Speaker 4: For the past two They're smart, they haven't.
• 3:49
  Speaker 5: You don't know what to expect, but we do know
• 3:51
  Speaker 5: that growth is exponential each year, and you know that
• 3:55
  Speaker 5: a new product is coming. Everybody's waiting for or June
• 3:58
  Speaker 5: seventh for the day for them to announce. So I
• 4:02
  Speaker 5: mean when Buffet says it's the greatest company we've ever seen,
• 4:05
  Speaker 5: I haven't seen anything like it. This is unprecedented, man,
• 4:08
  Speaker 5: it's unprecedented. And the board authorized ninety billion and share
• 4:13
  Speaker 5: repurchases and divinity, which is huge. Right when you buy
• 4:15
  Speaker 5: it back your shares, it brings back the value to
• 4:18
  Speaker 5: more shares.
• 4:19
  Speaker 4: And the way they're doing this is just.
• 4:22
  Speaker 2: And if we look at coinbase in comparison, when Fred
• 4:25
  Speaker 2: Wilson was invested as a venture capitalist, they sold everything
• 4:27
  Speaker 2: off and then also the CEO Brian Armstrong and last
• 4:31
  Speaker 2: time we hear Miami, I had a controversial take about
• 4:33
  Speaker 2: coinbase a year later, and that's kind of true. Shout
• 4:37
  Speaker 2: out to everyone in the crypto space.
• 4:38
  Speaker 4: I love you all.
• 4:38
  Speaker 2: I don't want any smoke, right, I'm coming here in peace,
• 4:41
  Speaker 2: no podcasts or currency wars on my end. But if
• 4:45
  Speaker 2: you look, A great sign if a company is doing
• 4:48
  Speaker 2: well is if the companies are doing buybacks and if
• 4:51
  Speaker 2: the executives there are holding on.
• 4:52
  Speaker 4: I want to run off some quick steps.
• 4:55
  Speaker 2: So for Apple one year or year to date, it's
• 4:58
  Speaker 2: up thirty eight percent. One year from today, it's been
• 5:02
  Speaker 2: up fourteen percent over the last month, up seven percent.
• 5:06
  Speaker 2: PE ratio is at twenty nine, which is low, which
• 5:09
  Speaker 2: is absolutely amazing. Market kap a two point seventy five
• 5:12
  Speaker 2: trillion and the percentage of floated shorts is zero point
• 5:18
  Speaker 2: seventy three percent. So that tells you that no one
• 5:21
  Speaker 2: thinks this company is going to fall apart. Invest in
• 5:24
  Speaker 2: the greatest company that's ever been publicly traded for the
• 5:26
  Speaker 2: long term and you will be okay once again. It
• 5:29
  Speaker 2: goes back to investing being really simple. If we stick
• 5:31
  Speaker 2: to our principles, and I wish more companies were this
• 5:35
  Speaker 2: well RAN, so we can have like a more diverse
• 5:38
  Speaker 2: swath of companies to invest in. But they are clearly
• 5:41
  Speaker 2: like the Lebron James of this or Devin Booker, which
• 5:45
  Speaker 2: one is more efficient.
• 5:46
  Speaker 4: Of this era? Right?
• 5:47
  Speaker 2: Either way, I love Dev. I'll think dav making it
• 5:49
  Speaker 2: to the finals, but welcome to third take. But this
• 5:57
  Speaker 2: company is probably the most efficient RAN. If I look
• 5:59
  Speaker 2: at revenue point per employee, that's a two point three
• 6:02
  Speaker 2: to four million. So if you can compare these stats
• 6:05
  Speaker 2: and see versus Tassa, how well this is being RAN
• 6:09
  Speaker 2: and Tim Cook and the entire team is incredibly focused.
• 6:12
  Speaker 2: That's another thing at Berkshire. Even when they mentioned the
• 6:15
  Speaker 2: g and the person who's going to replace Buffett, they're
• 6:18
  Speaker 2: not on social media.
• 6:19
  Speaker 4: They don't eat up up much space.
• 6:20
  Speaker 2: They're just head down focus on running a company, and
• 6:24
  Speaker 2: that's a metric and the fundamentals that we have to
• 6:26
  Speaker 2: focus on more for sure.
• 6:29
  Speaker 4: Especially during a recession. I'm glad you brought up point base.
• 6:31
  Speaker 5: Brian Ostrum was in the news, he doubled down again
• 6:34
  Speaker 5: criticizing SEC for he feels like it is a loan
• 6:37
  Speaker 5: attack on anti crypto establishments, him being the number one
• 6:40
  Speaker 5: of it. And so from an investment standpoint, if people
• 6:43
  Speaker 5: are looking at it, and we kind of went over
• 6:45
  Speaker 5: this two weeks ago when we were talking about we
• 6:47
  Speaker 5: invest in US companies, but if this US company can't
• 6:51
  Speaker 5: thrive here, he'll be forced to go into national Absolute
• 6:53
  Speaker 5: is going to lose something to trust on some of
• 6:54
  Speaker 5: the investors.
• 6:56
  Speaker 4: So he's in a it's in a tough space. Phone. Yeah,
• 6:59
  Speaker 4: they should sell to JP Morgan. And I'm not here
• 7:01
  Speaker 4: for JP Morgan, but it's like just add to the asset.
• 7:05
  Speaker 2: Listen if the CEO YouTube comes out like, hey, we
• 7:07
  Speaker 2: don't want any black people to be like leading figures
• 7:10
  Speaker 2: like we gotta go to the we gotta go to
• 7:11
  Speaker 2: Twitch or some like, you have to make an adjustment. Now,
• 7:15
  Speaker 2: if Genzeler leaves and then the next SEC chair is
• 7:18
  Speaker 2: crypto favorable, then I have the chance to thrive. But
• 7:21
  Speaker 2: when you have a regulatory body basically saying we don't
• 7:25
  Speaker 2: want you here, and you get a Wells notice and
• 7:27
  Speaker 2: they won't tell you how to play within the lines,
• 7:31
  Speaker 2: how do you have a competitive advantage? And I think
• 7:33
  Speaker 2: Brian is a great CEO. I just think that the
• 7:36
  Speaker 2: regulations won't allow them to thrive.
• 7:38
  Speaker 4: Ever, you just brought up a great point. The Wells
• 7:41
  Speaker 4: notice you want to just tell people what the Wells notice?
• 7:43
  Speaker 2: I mean, the SEC is basically putting you on notice
• 7:45
  Speaker 2: that you are doing some unscrupulous things, which I think
• 7:48
  Speaker 2: is unfair. Like if you ever played basketball, you went
• 7:51
  Speaker 2: to state and you're like, hey, these refs are not
• 7:53
  Speaker 2: going to be in our favor. The Wells notices like,
• 7:56
  Speaker 2: you listen, you need to be one boy twenty before
• 7:58
  Speaker 2: we give you this title. Right, So, now that I
• 8:00
  Speaker 2: have a few days to reply, of course they're going
• 8:01
  Speaker 2: to reply. They're going to fight back. But if and
• 8:05
  Speaker 2: I found the interest in even all, like the stake
• 8:08
  Speaker 2: and rewards. When I saw the roll out of the
• 8:10
  Speaker 2: Apple rewards card, it looked very similar to what Cardinal
• 8:13
  Speaker 2: was doing. So I'm like, now, if I can give
• 8:16
  Speaker 2: you all the apy returns and the safety of Apple
• 8:20
  Speaker 2: that allows them, and Apple has a great relationship with
• 8:23
  Speaker 2: the government and SEC in the White House, that kills
• 8:25
  Speaker 2: the majority of mainstream who will never go to crypto
• 8:28
  Speaker 2: ethereum bitcoin, Cardinal and you can go there. That's another
• 8:33
  Speaker 2: attack that people aren't talking about enough. While the SEC
• 8:37
  Speaker 2: is the direct attack. The Apple savings card and being.
• 8:40
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• 10:31
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 10:34
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 10:38
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 10:43
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 10:47
  Speaker 1: some of the heinous migrant criminals caught because of President
• 10:50
  Speaker 1: Donald J. Trump's leadership. I'm Christine Nohm, the United States
• 10:54
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 10:59
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 11:02
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 11:06
  Speaker 1: were here illegally, your next you will be fine nearly
• 11:10
  Speaker 1: one thousand dollars a day, imprisoned and deported, you will
• 11:14
  Speaker 1: never return. But if you register using our CBP home
• 11:17
  Speaker 1: app and leave now, you could be allowed to return legally.
• 11:21
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 11:26
  Speaker 1: border and families will be protected.
• 11:29
  Speaker 2: Sponsored by the United States Department of Homeland Security. Push
• 11:32
  Speaker 2: half one billion dollars in four days, one point four ridiculous.
• 11:36
  Speaker 2: That's a side attack as well. So the Wells notice
• 11:40
  Speaker 2: is almost like a subpoena for business. Yes, right, the
• 11:42
  Speaker 2: sec says, we've done an investigation.
• 11:45
  Speaker 4: The next steps are enforcement action is about to happen. Yeah,
• 11:48
  Speaker 4: and so they've been served with that.
• 11:50
  Speaker 2: If they get an enforcement action, man, it's not good.
• 11:55
  Speaker 3: Well yeah, let's talk about that briefly too, because Apple
• 11:57
  Speaker 3: definitely we talked about this savings account a few weeks ago.
• 12:01
  Speaker 3: So now in the first four days, they brought in
• 12:06
  Speaker 3: one billion dollars in deposits. So yeah, uh so the
• 12:12
  Speaker 3: newly launched savings account, they yeah, trackted nearly one billion
• 12:19
  Speaker 3: dollars in deposits according to a.
• 12:21
  Speaker 4: Forbes article, so three weeks ago, I think so.
• 12:25
  Speaker 2: And for context, before First Republic went under, they had
• 12:29
  Speaker 2: nineteen billion dollars.
• 12:31
  Speaker 3: Yeah, and this and this and once again it's this
• 12:33
  Speaker 3: is gonna beat four point four point one five percent
• 12:37
  Speaker 3: interest and it's backed by Goldman Sachs. Yes, and it's
• 12:43
  Speaker 3: it's it's adding to Apple's growing financial services offerings.
• 12:48
  Speaker 4: Yes.
• 12:48
  Speaker 3: And it's for Apple users, Apple Pay users, I believe.
• 12:54
  Speaker 4: So. Yeah.
• 12:54
  Speaker 3: Uh, let's Apple car uses Apple car uses. So one
• 12:57
  Speaker 3: billion and four and four days. Where do you see
• 13:00
  Speaker 3: the trajectory of this long term? What would be out.
• 13:03
  Speaker 4: Your crystal ball for this particular product. I think five
• 13:07
  Speaker 4: ten years.
• 13:08
  Speaker 2: From now, ten years or maybe even five, they should
• 13:11
  Speaker 2: have twenty billion dollars.
• 13:13
  Speaker 4: Because here's the thing.
• 13:14
  Speaker 2: If we if interest rates are slowly going up, formc
• 13:19
  Speaker 2: of course, raise a quarter.
• 13:21
  Speaker 4: Of one percent.
• 13:22
  Speaker 2: I think the rate that will need to get to
• 13:24
  Speaker 2: before we top out a six and a half percent,
• 13:27
  Speaker 2: which will crush the market, which is what they want
• 13:30
  Speaker 2: to do, because they want to slow spending and increase inflation.
• 13:35
  Speaker 2: In times of recessions or depressions, people are going to
• 13:38
  Speaker 2: look for safety first.
• 13:40
  Speaker 4: So like when.
• 13:40
  Speaker 2: Countrywide went under in the last recession and allow Bank
• 13:43
  Speaker 2: of America and JP Morgan to become the safer alternatives
• 13:48
  Speaker 2: now with everyone using these phones in Apple building trust
• 13:52
  Speaker 2: in the nineteen eighties, if I have to bank between
• 13:55
  Speaker 2: them and P and C, shout out to P and C.
• 13:56
  Speaker 2: I love you guys, bankuty for a long time prior
• 13:59
  Speaker 2: to going to Capital One. But I have more trust
• 14:02
  Speaker 2: with Apple than I do any major bank. So and
• 14:06
  Speaker 2: I know there's some places you guys have highlighted in
• 14:08
  Speaker 2: the comments where you can get a higher yield, but
• 14:12
  Speaker 2: Apple has a higher trust score than Robin Hood. Also,
• 14:16
  Speaker 2: if I can get twenty five percent or thirty percent
• 14:18
  Speaker 2: return in the stock, why don't I just bank with Apple?
• 14:21
  Speaker 2: Because the probability of Apple going under, they are literally
• 14:24
  Speaker 2: the too big to fail. If the government has to
• 14:27
  Speaker 2: pick between Apple and JP Morgan, Jamie Diamond.
• 14:29
  Speaker 4: Will go work for Apple.
• 14:31
  Speaker 2: So it's all about who is the safest entity an institution,
• 14:35
  Speaker 2: and Apple is probably one of the largest of all time.
• 14:39
  Speaker 2: I think in five to ten years they have twenty
• 14:41
  Speaker 2: billion dollars under management. And it's the funny part. This
• 14:43
  Speaker 2: is like a side project for them. It's not a
• 14:46
  Speaker 2: main focus at all.
• 14:47
  Speaker 5: Right, we just spoke about the verticals, right, so we
• 14:50
  Speaker 5: didn't even talk about financials. So like twenty billion that
• 14:54
  Speaker 5: would be on par with what we just said that
• 14:56
  Speaker 5: they get from the services component. I mean, when you
• 14:59
  Speaker 5: think about that type of money under management, what is
• 15:02
  Speaker 5: that place it? Do we see it? Because we have
• 15:05
  Speaker 5: the big four and when we talk about and banks
• 15:08
  Speaker 5: Top twenty, Top fouteen, Top twenty, top twenty, and Apple
• 15:12
  Speaker 5: so smart, they will never come in and be a
• 15:14
  Speaker 5: direct competitor. They say, we just want to be an
• 15:16
  Speaker 5: ally to assure the safety of the American citizens, to
• 15:19
  Speaker 5: give some safety.
• 15:21
  Speaker 4: And then I'm sure they.
• 15:21
  Speaker 2: Have some preferred apartment partners like Goldman that they'll work
• 15:24
  Speaker 2: with now the line. And then also then when they
• 15:27
  Speaker 2: make the move into healthcare, so that may be another
• 15:28
  Speaker 2: twenty to forty billion. So if you get twenty billion
• 15:31
  Speaker 2: under management here, twenty billion of services. If they announced
• 15:36
  Speaker 2: that the glasses product amazing healthcare, that's another twenty billion.
• 15:43
  Speaker 4: And now you're really the biggest four sectors of all time. Yes,
• 15:46
  Speaker 4: all under winter umbrella with.
• 15:49
  Speaker 2: Great leadership, great management. So I don't know what wouldever
• 15:53
  Speaker 2: like IBM lost this way. The thing that makes Apple
• 15:55
  Speaker 2: unique kind of like Lebron deep into their forty year
• 15:59
  Speaker 2: fifty year, because normally once it'start this to like thirty years,
• 16:02
  Speaker 2: they begin to taper off. They are continuing to find
• 16:05
  Speaker 2: ways to innovate and scale into different industries, which like
• 16:09
  Speaker 2: Microsoft never could have been like a card manufacturer, or
• 16:13
  Speaker 2: like anyone ever wanted to bankle Microsoft back in the day.
• 16:17
  Speaker 5: Absolutely not certainly fathomable from that standpoint, then the debunks
• 16:21
  Speaker 5: the theory of companies having a thirty year run of dominance.
• 16:24
  Speaker 2: For most kinds, it's like an exception. This is this
• 16:26
  Speaker 2: is yeah, this is like if Lebron and Jordan was
• 16:28
  Speaker 2: like was one person. This is outlier for sure, but
• 16:31
  Speaker 2: it goes to show how you should run a company
• 16:33
  Speaker 2: ad based on trust, delivering on return, delivering on promises.
• 16:38
  Speaker 2: Of course they've had some failed products, but they usually
• 16:40
  Speaker 2: bounce back. Really well, there's no stop in this company
• 16:45
  Speaker 2: anytime soon.
• 16:47
  Speaker 4: Yeah yeah, I.
• 16:48
  Speaker 5: Mean, And kind of the question was like what does
• 16:50
  Speaker 5: it mean to the market. I remember when I called
• 16:53
  Speaker 5: you Wednesday, Yeah, look, and we spoke about our market money,
• 16:57
  Speaker 5: like this is important outside of all the contries. So one,
• 17:00
  Speaker 5: this is the one. And so when we saw the
• 17:03
  Speaker 5: iPhone with what sheet was estimated and how the stop
• 17:07
  Speaker 5: went up. I'm like, all right, great, that means at
• 17:10
  Speaker 5: least Thursday and Friday we're going to see some some
• 17:13
  Speaker 5: positive days just because of the weighted impact that Apple
• 17:16
  Speaker 5: has on the S and P and from a lot
• 17:19
  Speaker 5: of the ETF especially QQQ, and we talked about it's
• 17:21
  Speaker 5: okay all the time, but like the amount that is
• 17:24
  Speaker 5: weighted on that company, it has a negative quarter, we're
• 17:27
  Speaker 5: in trouble.
• 17:28
  Speaker 4: Yeah, it's gonna affect everything.
• 17:30
  Speaker 2: Yeah, and a great part is like they're currently hunting
• 17:33
  Speaker 2: for what will replace the iPhone. Like a couple analysts
• 17:36
  Speaker 2: believe like in ten years the iPhone will kind of
• 17:38
  Speaker 2: go the pathway of what the iPod went. For those
• 17:41
  Speaker 2: who don't know, at one point the number one driver
• 17:44
  Speaker 2: of revenue for Apple was the iPod, and then the
• 17:47
  Speaker 2: iPhone came out and all the iterations from their iPhone
• 17:50
  Speaker 2: fifteen should be coming out pretty soon. But there I
• 17:53
  Speaker 2: don't know if it will be the glasses product, but
• 17:55
  Speaker 2: they're looking for a revenue replacment for the iPhone, and
• 17:57
  Speaker 2: if they do that.
• 17:58
  Speaker 4: That will look stend them another ten fifteen years as well.
• 18:01
  Speaker 4: So yeah, and the.
• 18:02
  Speaker 5: Reason a lot of from what they're saying that you know,
• 18:04
  Speaker 5: the numbers were down for the MacBook and the iPad
• 18:07
  Speaker 5: is because we're the comparison.
• 18:08
  Speaker 4: You're comparing it year over year.
• 18:10
  Speaker 5: Yeah, and so you're talking about a time when people
• 18:12
  Speaker 5: were buying YEP computers at a different rate, that were
• 18:15
  Speaker 5: buying uh tablets at a different rate. Now posted this
• 18:19
  Speaker 5: year where it's like, all right, they're not buying them
• 18:20
  Speaker 5: at the same rate. Plus with some storages obviously with
• 18:23
  Speaker 5: some some apply chain issues, and so that affects the numbers.
• 18:26
  Speaker 5: So yeah, I think we'll see those numbers change over
• 18:29
  Speaker 5: the next two to three quarters. But we saw them
• 18:33
  Speaker 5: even now, like with the air Buzz. It almost looks
• 18:35
  Speaker 5: like they're bringing the iPod back right a new ones
• 18:38
  Speaker 5: that have the screen on it. So I mean, they're
• 18:40
  Speaker 5: just going to keep innovating. Man shout out to Apple.
• 18:43
  Speaker 5: Uh my portfolio looks great with them in it. On
• 18:46
  Speaker 5: seven three oh baby, by the best.
• 18:51
  Speaker 3: My graduates from my school being forced back drop drop,
• 18:58
  Speaker 3: drop drop.
• 19:10
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 19:14
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 19:18
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 19:22
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 19:26
  Speaker 1: some of the heinous migrant criminals caught because of President
• 19:30
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 19:33
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 19:38
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• 19:42
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
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• 20:01
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• 20:08
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