Apple V shaped recoveryMay have found a V shaped trend. This would be a great recovery for apple. Just a little speculation.
Search in ideas for "APPLE"
Apple - King of the JungleI am again seeing new great run for Apple. After this little pullback, AAPL should skyrocket again. I am considering long here.
Apple to 350 No major selling, basically in a triangle for weeks. If the news says Corona has peaked we will definitely see a spike up in Apple. I really wouldn't doubt more ATH's at all at this point.
Should get up to test the trendline again around 350 or so, maybe a small starter short position would be possible there.
APPLE wants to return!If it doesn't break the stop-loss, it will return to old uptrend line and gains will come in flocks to APPLE traders.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. Coinmarkets.net, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
APPLE BUYPrice broke above consolidation. Buying the retracement. Res acts as Sup. Bullish on Apple. Good luck
APPLE 03DEC17 next monthsThis is my forecast for APPLE. The ticker the lines, more important. In this case price wants to go from 176.19 to 142.06 and the finish at 176.91.
To achieve that results a bunch of waves have to be designed and there are many ways to do that. This wave formation is dynamic and can change for several reasons, like news. Anyway, I am showing the waves that will be the most logical with the data available now.
Also, please note that here in Tradingview, the price has already reached 176.19, but in Prorealtime (witch I trust much more) that isn't true as we can see on this picture i.imgur.com
Please be aware that:
- These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server.
- Please note that I am only predicting where things happens, not when, because that really depends on others factors such as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
- Also those points/targets are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence on very high timeframes starting from weekly charts up to yearly.
Applegreen Gas Station Sees Stock RallyApplegreen PLC is a fairly new stock, which floated on the London Stock Exchange in June 2015 at a price of £2.96 and has risen consistently ever since to the current price of around £5.72 (at the time of writing this post).
The Weekly 50 simple moving average played a part in supporting price as it continued to rise.
There was a nice trend from April 2017 to September 2017 which then saw price go into consolidation then break out a couple of weeks ago.
Now that price is out of consolidation and staying out, we should see a continuation of the previous trend.
Because the stock is only 3 years old, we do not have a lot of data to determine the stock's behaviour but going with the current behaviour
we have no reason to believe that the stock will not continue higher.
Wait for a breakout on the daily timeframe for opportunities to enter into a trade and all trades should be managed according to your trading plan.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
Apple | Fundamental Analysis | LONG SETUP 🔔Over the past few weeks, the market has seen a significant sell-off in many growth stocks. These sell-offs have been boosted by numerous factors, including slowing growth in company stocks, lingering concerns about inflation and tax collection. As a result, valuation multiples have shrunk, making it harder for investors to determine which stocks are worth considering in 2022. Apple stock is up almost 40% year-to-date, well above the S&P 500's 28% return. But as demand for the iPhone 13 drops and the company's market capitalization rises, investors have a tough decision to make: hold Apple stock or sell it in the new year.
As of this writing, Apple is the largest company in the world by market capitalization, with its value approaching $3 trillion. For the fiscal quarter ended Sept. 25, Apple reported 29% year-over-year revenue growth. The company achieved 33% growth in the product side of the business, thanks to strong iPhone sales, and even reported a 26% increase in services, while sales of wearable devices rose 13% year over year. What may be even more remarkable than the revenue growth is the amount of cash Apple is generating: the company's 12-month free cash flow was $93 billion.
Apple is showing strong growth across the spectrum of revenue from services, wearable devices, and other hardware products. While Apple's long-term prospects appear good, investors have lately discovered that the Federal Reserve will start cutting asset purchases to fight inflation, and 2022 will likely see numerous rate hikes.
This dynamic puts investors in a quandary, as Apple has shown healthy growth in both the product and service markets. However, given the stock's performance over the past year, coupled with lingering inflation concerns, it seems tempting for investors to reduce their existing positions and lock in profits. Given that the company has revised its iPhone 13 forecast downward, as well as the supply chain disruptions it's faced, it's hard to assess whether Apple has any upward momentum that could push the stock higher.
Apple originally projected to produce 90 million iPhone 13 models in the last three months of the year, just in time for the holiday shopping season. Due to supply chain disruptions caused by COVID, key manufacturing partners such as Broadcom and Texas Instruments had trouble delivering enough components. These supply problems forced Apple, one of the world's largest chip buyers, to cut its production forecast for the new iPhone by 10 million units.
The supply problems were in addition to another issue for the tech giant - consumer demand. A recent Bloomberg report showed that Apple told its component suppliers that demand for the iPhone 13 was weaker than originally expected because of long waits. Product shortages and persistent delivery delays caused by problems in the supply chain have caused some consumers to opt-out of luxury purchases of the new iPhone.
With such a set of problems, it's easy for investors to lose sight of the big picture. It's important to remember that the mess compelled by inflation and the supply chain won't last forever. Rather, these are challenges that investors must learn to overcome in times of economic uncertainty.
However, there are serious opportunities on Apple's side. Despite weaker-than-expected demand for the iPhone 13, the company is not fixated on one single product. Apple is investing in the development of new products, and investors should expect them to materialize in 2022. Specifically, the company intends to release the iPhone SE 3 in the first half of 2022. This could serve as a lucrative catalyst for Apple since this device is more budget-friendly compared to higher-end devices. In addition, a series of new patents filed by Apple has led some analysts to speculate that the company's next best-selling device is less than a year away.
In late November, Morgan Stanley published an investor report highlighting that Apple was going to launch a new hardware product, specifically an augmented reality/virtual reality (AR/VR) headset. Apple analyst Ming-Chi Kuo estimates that the headset could be introduced in the fourth quarter of 2022. Apple's entry into the metaverse looks even more likely, as a new Bloomberg report suggests that the company has hired Meta Platforms head of augmented reality communications.
According to IDC, Meta is the world's number one supplier of VR headsets, controlling 75% of the market. However, Apple's entry into the metaverse could open up another multi-billion dollar option for the company as it seeks to take market share away from Meta and other leading companies. IDC predicts that the AR/VR headset market will grow from 9 million units in 2021 to 50 million by 2025.
At first, glance, reducing the existing position and making some profit may seem like a reasonable, if not tempting, option. While the Fed has delivered some clearness on how it plans to deal with inflation, the specific timing of rate cuts and increases is still uncertain. For this reason, investors cannot know for sure when supply chain problems will subside, allowing Apple and its suppliers to operate under more normal conditions.
Despite this uncertainty, Apple has a few catalysts that should give investors confidence. The new iPhones and the launch of the AR/VR headset, the latter of which will allow Apple to enter a new addressable market served by both its product and services businesses, make it hard to argue that growth is not on the horizon. The biggest questions have to do with when that growth might happen and on what scale. While investors can't go wrong fixing earnings, Apple's strong balance sheet and product expertise make it a compelling stock to buy (and hold) in 2022.
Apple Stock: Why Now is the Perfect Time to InvestInvestors in Apple have faced a tumultuous ride in recent years, marked by significant fluctuations in the company's stock performance. An economic downturn in 2022 led to a steep 27% decline in the iPhone maker's stock. However, the following year saw a remarkable rebound, with shares surging by 48%. Despite this recovery, ongoing challenges to its business and consecutive revenue declines throughout 2023 have resulted in a 1% dip in its stock since the beginning of the current year.
Amid growing concerns on Wall Street about Apple's heavy reliance on iPhone sales and macroeconomic headwinds, the company has faced pressure to diversify its revenue streams. Nevertheless, recent quarterly results and strategic shifts towards prioritizing digital businesses suggest a positive trajectory for the tech giant.
Apple's digital services segment has emerged as a standout performer, outpacing the iPhone division and poised to become its highest-earning segment. Additionally, the company's gradual foray into artificial intelligence (AI) presents opportunities for capitalizing on the burgeoning $200 billion industry.
Considering these developments, investing in Apple now could be an opportune moment, as the company embarks on a significant transformation of its business model. Here are three compelling reasons to consider buying Apple stock:
1. Lucrative Services Business
Apple's services segment, which includes revenue from the App Store and subscription-based platforms like Apple TV+, Music, and Fitness+, has become a cornerstone of its profitability. With gross margins consistently exceeding 70%, outperforming product margins by a significant margin, the services division is now the most profitable segment of Apple's business. Despite challenges in other areas, the services segment continues to exhibit robust growth, highlighting Apple's successful pivot towards digital offerings.
2. Unrivaled Brand Power and AI Investment
Despite recent hurdles, Apple retains its dominance in consumer technology, boasting unparalleled brand loyalty and commanding leading market shares across multiple product categories. While sales may have experienced a decline in the past year, Apple is strategically leveraging artificial intelligence (AI) to invigorate its product lineup.
Since the beginning of 2023, Apple has been gradually integrating AI-enabled features into its products, signaling a significant acceleration in this endeavor. The introduction of the M4 chip in the latest iPad Pro underscores Apple's commitment to enhancing its AI capabilities. This chip is touted as Apple's most powerful yet, paving the way for a host of new AI-powered functionalities. Industry experts anticipate further AI advancements to be unveiled at Apple's upcoming Worldwide Developer Conference in June.
Moreover, recent reports indicate Apple's ambitious plans to revamp its Mac lineup with a renewed focus on AI, leveraging in-house-designed chips housed in data centers. By aligning its AI initiatives with consumer-centric offerings, Apple aims to capitalize on its widespread product adoption to drive AI's public adoption. This strategic move not only counters recent product challenges but also positions Apple for sustained revenue growth in the long run.
3. Record-Breaking Share Buyback Initiative
In a historic announcement on May 2, Apple unveiled plans for the largest stock buyback program in history, earmarking $110 billion for share repurchases. This bold move immediately spurred an 8% surge in Apple's stock during after-market trading, instilling confidence in investors regarding the company's future prospects.
Stock buybacks often signal management's confidence in the company's trajectory and are typically initiated when executives perceive the stock to be undervalued. Apple's substantial buyback initiative underscores its leadership's conviction in the company's strategic direction, making its stock an attractive investment opportunity.
Despite encountering challenges over the past year, Apple's forward earnings multiple of 29, compared to peers like Microsoft and Amazon, suggests that it may be among the most attractively valued stocks in the realm of AI. Coupled with its flourishing services business, Apple emerges as a compelling investment choice with promising growth potential for the future.
Apple's Triumph: A Decade-Long Reign for Samsung Comes to an End
In a significant market shake-up, Apple ( NASDAQ:AAPL ) has dethroned Samsung to claim the coveted title of the world's largest seller of smartphones. According to a recent report from the International Data Corp (IDC), Apple secured a remarkable 20% market share in 2023, marking the end of Samsung's 12-year dominance. This paradigm shift in the smartphone industry reflects a challenging year, where economic uncertainties and high inflation led consumers to prioritize more affordable handsets, impacting overall phone sales.
Market Dynamics and Challenges:
The global smartphone market faced headwinds in 2023, experiencing a 3.2% decline to 1.17 billion units—the lowest in a decade. Contributing factors included a slower-than-expected recovery in China, the largest smartphone market globally, as well as consumer hesitancy to upgrade their devices. Amidst these challenges, only two of the top five smartphone vendors managed to record sales growth—Apple and Transsion, the latter known for its Tecno, Infinix, and itel brands.
Apple's Ascendancy:
Apple's ascent to the top was underscored by a 3.7% increase in iPhone shipments, while Samsung faced a 13.6% decline in phone shipments. The Cupertino-based tech giant's success was attributed to its resilience in a tough market, with consumers opting for the iPhone even in the face of economic uncertainties. Apple's strategy of offering discounts, up to 5% on certain models, in the highly competitive Chinese market indicates a keen awareness of regional challenges and a proactive approach to maintaining its market position.
Challenges in the Chinese Market:
Despite Apple's global success, it faces renewed competition in China, primarily from resurgent players like Huawei and budget-friendly local brands. While Apple has managed to hold its ground by offering discounts, the intensifying competition suggests a need for the tech giant to navigate the complexities of the Chinese market carefully.
Samsung's Strategy and Setback:
Samsung's focus on the mid-to-high-end smartphone segment aimed at profitability may have contributed to its decline, particularly in the low-end segment. The company lost market share as consumers increasingly turned to more affordable alternatives, a trend that favored Apple's diverse product portfolio.
Conclusion:
Apple's triumph over Samsung marks a pivotal moment in the smartphone industry. The company's ability to weather market challenges and maintain growth, coupled with its strategic approach to regional complexities, positions it as a resilient player. As the smartphone landscape continues to evolve, Apple's success sets the stage for an intriguing competition with formidable rivals, emphasizing the importance of adaptability and consumer-centric strategies in an ever-changing market.
Apple Stock Analysis: Navigating Bullish Successes and PotentialApple Stock Analysis: Navigating Bullish Successes and Potential Challenges
In the dynamic landscape of 2023, Apple's stock has soared by an impressive 40%, solidifying its status as the world's largest company with a market capitalization of $2.84 trillion. As investors ponder the sustainability of this growth, we delve into the contrasting perspectives on Apple's stock.
The Bullish Case: A History of Innovation and Profitability
Apple's bullish outlook rests on its rich history of designing, manufacturing, and marketing innovative tech hardware. Products like the iPhone, iPad, Apple Watch, and AirPods have not only transformed daily life but have also fueled substantial revenue growth, reaching $394 billion in 2022. Apple's interconnected product ecosystem enhances customer loyalty and encourages repeat purchases, contributing to the company's profitability. Trading at a reasonable forward price-to-earnings ratio of 26, Apple appears to be an attractive investment, aligning with a strategy of acquiring exceptional businesses at fair prices.
The Bearish Considerations: Iterative Innovations and AI Lag
While Apple stands as a tech powerhouse with a formidable ecosystem, recent hardware and software releases have been more iterative than groundbreaking. Notably, the iPhone updates have focused on incremental improvements, raising questions about the company's ability to sustain its innovative edge. Moreover, Apple's endeavors in artificial intelligence (AI) are yet to yield significant breakthroughs, potentially leaving it behind competitors like Microsoft in this critical field. Despite its stellar brand and loyal customer base, Apple faces the challenge of proving its ability to drive robust growth, especially with the pressure of four consecutive quarters of declining sales.
Navigating the Future: A Prudent Approach for Investors
Apple undoubtedly offers attractive qualities for investors seeking a blue-chip technology stock with a strong industry presence. However, potential short-term risks and uncertainties about long-term performance merit careful consideration. While a buy-and-hold strategy remains sensible, investors should thoroughly evaluate potential bearish scenarios and weigh the risks associated with Apple's position in emerging technologies and the ever-evolving tech landscape.
In conclusion, while Apple's past successes are noteworthy, the future landscape poses challenges that investors should approach with a balanced perspective, combining the appreciation of Apple's strengths with a cautious awareness of potential disruptive forces in the tech industry.
Apple | Fundamental AnalysisOver the past two decades, Apple has been one of the most valuable stocks on the market and during that time has become the most expensive company in the world. It has conquered the mobile computing era due to the success of the iPhone and supplemented its device business with a highly profitable ecosystem of services built around the App Store.
Like other stocks from the tech sector, however, Apple couldn't escape the 2022 market downturn, and the stock lost more than 25%.
Speaking about the prospects, investors are hoping for a rematch. But can Apple succeed? Let's take a look at what to expect from the iPhone maker in 2023 and whether the company can outperform the market.
In its latest earnings report for its fiscal Q4, Apple reported strong results. Revenue increased 8% to $90.1 billion, and earnings per share rose 4% to $1.29. Nevertheless, the company's management refused to give precise estimates amid the tension in the global economy.
For the key fiscal Q1, which is Apple's biggest of the year as it follows the release of its latest iPhone model, management declined to give earnings guidance because of uncertainty but said it expects revenue growth to slow compared to the September and December quarters. Management also projected a 10 percentage point currency windfall, although the dollar has decreased remarkably since it issued that forecast.
It's worth heeding CFO Luca Maestri's comment about the uncertainty. As a manufacturer of high-end consumer electronics, Apple is sensitive to the global economy, and a recession is likely to affect demand for its products. Consumers may delay upgrading to the latest iPhone model or switch to one of the cheaper models.
Apple was much smaller during the last recession in 2008-2009, but its growth slowed considerably, slowing from 35.3 percent in fiscal 2008 to 12.5 percent in fiscal 2009.
In a statement warning of the slowdown, the company did note that demand for the iPhone 14 was strong, a sign that the company may continue to grow during the year.
Apple usually keeps its product updates and releases secret, but this year there will be some big changes. As per Bloomberg, the company is expected to unveil a mixed reality headset later this year, possibly at the Worldwide Developers Conference in June, and it could be priced as high as $3,000.
Unlike all the new products the company has released in the past few years, this device has the potential to propel Apple if the meta-universe becomes popular. Given the company's leadership in consumer electronics, it looks to be a favorite in this area, despite the efforts of Meta Platforms, which is investing billions in Oculus and its VR technology.
Moving forward in its quest to develop more of its chips in-house, the company is also creating a new team to develop the wireless chips it previously bought from companies such as Broadcom and Skyworks. This project could take years to implement, but in the long run, it will likely save Apple on costs, differentiate its products and gain more control over its supply chain.
Right now, Apple stock is trading at a price-to-earnings ratio of 22, which is about as cheap as it has been since the pandemic began, and only slightly more expensive than the S&P 500.
Given the company's dominant brand, competitive advantages, including an installed base of about 2 billion devices, and a high-margin services business, there are many reasons why the stock should trade at a premium to the broad market index.
Whether Apple can outperform the market in 2023 will likely be defined by the overall economic state. If the global economy continues to slide into recession, Apple is likely to suffer, especially if its profits decline. The good news, however, is that analysts' expectations are low, with revenue and earnings-per-share growth expected to be in the single digits. If stocks can beat those forecasts, and if the economy shows signs of recovery, Apple has a good chance of outperforming the market this year. Over the long term, a broad economic moat and solid demand growth should support the company's growth and its ability to return cash to shareholders.
AAPL- Apple - One bad Apple spoils the bunchApple has to be one of the most beloved brands by celebrities, geeks and the general public. Those agents spread the word of Steve Jobs through the years, the history of the inventive genius, that was always looking ahead of everyone in the planet. Things that brought the company to the level of one of the most valuable companies, surging even after losing their brightest mind.
The innovation seems to have abandoned Apple, the company lost her advantage of being the sharpest in the market, to become a brand like Supreme. Over Charging products just because they carry the logo of the company. Of course that there's nothing wrong about that, but yes that's not the reason that guides the value of the company at stock markets. The past already told us the history of what happens to Apple after fired Jobs, and the innovation went with him.
In the last conference, Apple showed their version of credit card and their version of Netflix. They are demonstrating to us that Apple still stuck to the path of bad choices and none innovation. Highlight to Steven Spielberg in the presentation of the streaming service; let's remember that Steven openly attacked streaming services early this month, so yes Apple seems to be aware of the market that there are getting into it.
Don't forget that Samsung and Huawei are clearies ahead of Apple smartphones technology, the only thing that still holden them back is the love that the public has to Apple products but as a long term investment that its enough? Lately, some luxury brands got hammered by the market, if Apple becomes knew just as a luxury brand do you think that the business will thrive?
26/03/2019 - The Qualcomm fight with Apple still simmering. Qualcomm has fired multiple legal shots, based on patent infringed. The outcome of this could be dangerous to Apple since a judge recommended, that specific models of iPhone to be banned.
The oldest commandment in the market is to do not get attached to your investments, if you are a consumer that loves the company its that ok otherwise if you are investing at it reason how much at this pace the shares will still going up.
Thanks for reading, leave a comment with you liked and have nice trades.
Apple earnings after today's closing bellApple, H4 and Daily
November 1, 2018 ·Andria Pichidi
Today, FAANG earnings announcements are reaching to an end, with the Apple being the last one releasing its third quarter earnings for 2018 after today’s closing bell on Wall Street. Apple shares, but in general stocks, moved broadly higher, globally, after a mixed session in Asia where Japanese markets underperformed.
Apple shares opened $4 higher, reaching the 20-day SMA, as market participants are looking forward ahead of third Quarter earnings report. Markets remain cautious to see whether the global trade tensions had an impact on company's growth and company's forecasts for the holiday season.
Apple's consensus recommendation is "neutral to buy", corresponding to the majority of the consensus recommendation for the Online Services peer group , as 13 out of 24 analyst firms suggest remaining on hold, and 11 propose the "buy" or "strong buy" possibility. According to Zacks Investment Research, the social network giant is expected to have $2.79 in earnings per share during the third quarter of 2018, which represents an incline by nearly 19% since the reported EPS for the fiscal quarter ending June 2018, and a yearly increase of up to 34.7%. Revenue is expected to be released at $61,558.40 billion , 13% up from the $53,265.00 billion reported in the previous quarter.
Aside from the EPS number, investors would probably turn their eyes on net sales, as Apple is anticipated to have boosted into the market more than 48 mln iPhones during the past 3 months. This is higher than the last September, and could push phone's price even higher, especially as iPhone XR is already out. Therefore, this along with the optimistic view on iPhone XS and XS MAX sales, Apple's total sales for the third quarter, are expected to positively surprise. Apple’s main concern seems to be the US-China trade war and Apple's wealth in China. However as Apple is the 1st trillion listed company in the world, the trade war is unlikely to have a huge impact on it.
Turning to the technical side, if the company achieves accuracy with its forecast, then a positive earnings outcome without any negative surprises could attract more bulls back into the market. This could boost price action higher and hence a correction to October's drop. In the near term, a closing today above the Resistance at $221.30 , which reflects the confluence of 50-day SMA and the latest up daily fractal. This is a crucial level as it represents also the break of 50.0% Fib. retracement level since the $233.42 high.
Therefore such move could confirm the turn of the outlook from neutral to a bullish and we could see stock retesting year's peak at $233.42.
The daily momentum indicators meanwhile comply with a neutral picture. RSI is consolidating close to 50 since mid of October, whilst MACD lines are just a breath below the neutral zone.
In the intra day chart, the sell-off sentiment pushes the stock price lower, amid a combination of events. Immediate Support holds at $213.43 , which is Tuesday's close and 2 consecutive low fractals area. Therefore a disappointing earnings outcome could extend Apple's price lower to the $213.43 Support. Further losses could lead to October's low at $207.30.
Andria Pichidi
Market Analyst
HotForex
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Apple’s iPhone 16 Launch: Post-Event Pullback?Looking at the weekly chart (1W) of Apple (AAPL) with the vertical lines marking the dates of iPhone launch events, we can attempt to identify a more consistent pattern around these events.
Key Observations:
Pre-Launch Price Rally: In nearly all the iPhone launch events, we observe a notable pre-event rally. This suggests that investors tend to buy Apple stock in anticipation of the product reveal, leading to upward momentum in the weeks leading up to the launch. Magnitude of Rally: In many cases, the stock gains significant value leading up to the event, as investors and traders speculate on the success of the new product.
Post-Launch Behavior: Short-Term Pullbacks: A clear pattern emerges where, immediately after the event, Apple's stock often experiences a pullback or consolidation. This appears to be a classic "sell the news" reaction, where investors who had bought the stock in anticipation of the event sell to lock in profits. For example, following the iPhone 12 and iPhone 13 launches, we saw short-term pullbacks lasting a few weeks. Long-Term Trend Continuation: Despite the short-term corrections, the long-term trajectory of AAPL tends to remain upward. After most iPhone launches, even if there is a post-event pullback, the stock eventually resumes its upward trend. This long-term bullish trend suggests that Apple’s underlying business remains strong, supported by sustained iPhone sales and other product lines.
More Defined Patterns: Pre-Launch Rally: Across most launches (iPhone 6, 7, X, and 12 in particular), the stock rallies leading up to the event by 10-15% on average. This suggests a strong investor confidence buildup before the actual product reveal. Post-Event Decline: In many instances (notably the iPhone 6s, 7, and 12), there is a consistent 5-10% decline after the launch. This sell-off usually lasts a few weeks to a couple of months, after which the stock resumes its longer-term upward trajectory.
Current iPhone 16 Presentation (Today): Pre-Event Setup: Currently, AAPL has shown some weakness in the weeks leading up to the iPhone 16 presentation. The stock has pulled back slightly, breaking the pattern of a strong pre-launch rally seen in previous years. Technical Indicators: The MACD is showing some bearish momentum, which suggests that the stock might be due for a further pullback post-launch, consistent with the historical pattern of profit-taking after these events.
Potential Short-Term and Long-Term Strategy: Short-Term: Given the clear pattern of a post-event pullback, traders might anticipate a brief decline following today’s iPhone 16 presentation. This would align with the past pattern where Apple stock typically declines by 5-10% after the launch. Long-Term: Despite short-term volatility, Apple’s long-term uptrend has remained intact. Investors who are more focused on the long-term may consider any post-launch correction as a buying opportunity, as AAPL tends to resume its upward trend within a few weeks to months after these events.
Conclusion: The most consistent pattern around Apple’s iPhone launch events is a pre-launch rally followed by a post-launch pullback. This sell-the-news behavior often creates a short-term decline, but Apple’s long-term growth trajectory remains strong. For today’s iPhone 16 presentation, based on historical data, we may see a similar short-term correction, but long-term investors could view this as an opportunity to add to their positions.
Apple Earnings Boost Stock to 182 ? Reasons Why
Apple’s Fiscal 2024 First Quarter Results:
Apple reported its financial results for the first quarter of fiscal year 2024, which ended on December 30, 2023. Here are the key highlights:
Revenue: The company posted quarterly revenue of $119.6 billion, representing a 2 percent year-over-year increase.
Earnings Per Share (EPS): Quarterly earnings per diluted share reached $2.18, marking a 16 percent year-over-year growth.
Services Revenue: Apple achieved an all-time record in services revenue during this quarter.
Active Devices: The installed base of active Apple devices surpassed 2.2 billion, reaching an all-time high across all products and geographic segments.
Cash Flow and Dividends: Apple generated nearly $40 billion of operating cash flow and returned almost $27 billion to shareholders. The company’s board of directors declared a cash dividend of $0.24 per share of common stock, payable on February 15, 2024.
Long Idea and Earnings Impact:
While the earnings report reflects strong performance, it’s essential to consider the broader market context and analysts’ expectations.
Analysts estimate an average EPS of $1.41 for Apple’s second quarter of 2024, with a range between $1.32 and $1.45.
As an investor, you might want to assess factors such as:
iPhone Sales: The growth in iPhone sales significantly contributed to Apple’s revenue. Monitor iPhone demand trends and product launches.
Services Segment: Services revenue hit a record high. Evaluate the sustainability of this growth.
Margin Expansion: The all-time record EPS resulted from margin expansion. Understand the drivers behind this improvement.
Dividends: Apple’s consistent dividend payments provide income for long-term investors.
Apple Set to License Google's Gemini for iPhonesAlphabet Inc., (NASDAQ: NASDAQ:GOOG ) the parent company of Google, is on the brink of a groundbreaking collaboration with tech juggernaut Apple Inc. A recent report has unveiled negotiations between the two giants to integrate Google's Gemini artificial intelligence engine into future iterations of iPhones. This move not only signals a significant stride in AI integration but also holds immense implications for the competitive landscape of the smartphone industry.
The Genesis of Gemini:
Gemini stands as Google's suite of generative AI tools, encompassing a spectrum of functionalities from chatbots to coding assistants. Developed by Google's AI experts, Gemini represents the pinnacle of AI innovation, promising to revolutionize user experiences across various platforms.
The Apple-Alphabet Nexus:
Amidst whispers of negotiations, Bloomberg's report sheds light on active discussions between Alphabet and Apple, aimed at embedding Gemini into forthcoming iPhone features. The potential implications are monumental, as Apple seeks to harness Google's AI prowess to augment the capabilities of its iconic smartphone lineup.
Market Response and Speculation:
The mere speculation of this partnership has catalyzed a surge in Alphabet's stock prices, with Class A shares soaring by 4.5% in premarket trade. Conversely, Apple shares witnessed a modest uptick, underscoring investor enthusiasm surrounding the prospect of Gemini-powered iPhones.
Impending Innovations:
If negotiations culminate in an agreement, users can anticipate a slew of groundbreaking features propelled by Gemini's AI capabilities. From enhanced voice assistants to predictive analytics, the integration of Google's AI engine has the potential to redefine the iPhone experience, setting a new standard for innovation in the smartphone arena.
Challenges and Considerations:
Despite the allure of this partnership, challenges loom on the horizon. The report indicates that both parties are yet to finalize the terms and branding of the AI agreement, raising questions about the scope and implementation of Gemini within the iPhone ecosystem. Additionally, concerns regarding data privacy and security warrant careful deliberation to ensure seamless integration without compromising user trust.
The Road Ahead:
As Apple gears up for its Worldwide Developer's Conference in June, speculation mounts over the potential unveiling of iOS 18 featuring Gemini-powered functionalities. Moreover, discussions with OpenAI underscore Apple's commitment to harnessing cutting-edge AI technologies to stay ahead in an increasingly competitive market landscape.
APPLE BACK TO 182 SOLID POSITION Long Position:
Key Points:
Strong Fundamentals: Apple has a history of solid financial performance, driven by its diverse product ecosystem, including iPhones, iPads, Macs, wearables, and services. The company's consistent revenue and earnings growth make it an attractive option for long-term investors.
Services Segment Growth: Apple's services segment, including the App Store, Apple Music, and Apple TV+, has been a significant contributor to revenue. Continued expansion and growth in the services sector can provide a more stable revenue stream for the company.
Innovation and Product Pipeline: Apple's commitment to innovation, evidenced by new product releases and technological advancements, keeps the brand at the forefront of consumer technology. Anticipated releases and advancements in products like the iPhone and wearables can drive excitement and demand.
Share Buybacks and Dividends: Apple has a history of returning value to shareholders through share buybacks and dividends. Share repurchases can contribute to stock price appreciation, and dividends provide income to investors.
Apple AAPL - Looks Fine on the Outside, but Tastes WeirdAfter last year's massive heat damage to Canada's fruit crops , there were some cherries I bought at the farmer's market from British Columbia that looked totally fine by any reasonable inspection. Whether you squeezed it, touched it, looked at it, smelled it, or cut it open, everything appeared to be fine.
But once you bit into it, it had this twisted, sour sort of taste with these fungal notes that was really not particularly pleasant. I've never experienced fruit with a characteristic like that, and made me not buy any this year.
Apple AAPL's price action is very much analogous to last year's heat damaged fruit.
What was Apple really doing over these last two months of going up in a straight line, and coming so close, yet so far, to making a new all time high?
Apparently, it was merely filling the gap left behind from March and April when everything started dumping 20 or 30 percent.
Note: the gap box was created based on daily candles, which likewise formed bodies which respected the space.
Frankly speaking, this is anything but bullish. An expectation that Apple is going to turn around and break $180 during the next few months is curiously unrealistic and likely to be a leading cause of margin calls and liquidations.
Even at prices as low as $152, Apple is still trading at a premium inside of this multi-month dealing range.
So, if price action across indexes and markets really gives us the whipsaw effect I expect this week:
SPX / ES - Bull Whips and Bear Saws
Then Apple may very well give you a chance to fill in that August gap at $162. Many will see this as a buying opportunity, with the number $180 greedily illuminating their eyes.
But the real numbers to keep an eye on is $149, and then $141, and then $133.
Even if things aren't so bad for the bulls and there is no major market correction, one should really expect to see prices such as the above manifest before any further bull action, considering the fact Apple just went up in a straight line for two months with no challenge whatsoever.
All of this means that, when looked at correctly, a revisitation of $162 gives a particularly pleasant short opportunity.
And considering that Apple, which just keeps rehashing the same crappy phone with a really nice screen and the same super expensive desktop computer that runs OSX with a really nice monitor, more or less bolsters and drives the Nasdaq, and thereby all the languishing and floundering Big Tech meme stocks, life may not be so pleasant for those who have become fat and comfortable in the old paradigm.
I've also forecasted that Tesla TSLA is also a legitimate canary in the coalmine, serving as a harbinger of the doom that lies ahead.
Tesla TSLA - The Canary in the Coal Mine
And that VIX is legit due to print a 72, just who knows when, exactly?
VIX - 9x8 = 72
A question to bulls: why are you getting long on equities at high prices and refusing to sell at a profit when the world is in the shape it is in? Are you simply unwilling to let go of the delusion?
Cash is King, and you at least need to hedge.
Be careful. Gap downs today may become tomorrow's eternal losses.
