September 29, 2015
Apple Forecasts based on a Predictive Algorithm
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Apple Forecasts based on a Predictive Algorithm
After releasing the first version of the Apple Watch in April, the company is apparently waiting until May or June of 2016, or possibly later, according to predictions from Cowen and Company. The company called for 18 million devices to be sold by the end of 2015, which offers an optimistic outlook for next year.
The iphone 6s and 6s plus hit stores all around the world this Friday, much to Apple fans delight. The newly released model broke records by selling an estimated 13 million phones over the course of its first weekend.
An Apple electric car has been rumored for about a year now, with the new project being named Project Titan. Now, this rumored project appears to be more concrete, with the Wall Street Journal reporting that the company is internally aiming to start shipping the electric vehicles by 2019.
Apple has a bearish signal strength over the near-term, which makes sense considering some of the company’s struggles in China. However, the company should rebound and start increasing over the long-term as the struggles in China are addressed, and the company’s safe position leads to thriving earnings reports moving forward. Continue buying this stock before earnings reports, as Apple remains a great investment choice, even for future income investors.
Apple’s shares closed down 1.9% or $2.16 to $110.15 on Wednesday when CEO Tim Cook released a number of new products.
While Apple accelerates hiring for its artificial intelligence staff, The company stock is surging 2.21% to $111.69 in pre-market trading on Tuesday.
Apple’s flagship event is set to take place on Wednesday the 9th of September. The annual fall event is one which is always eagerly anticipated as Apple tend to reveal many of its upcoming projects to the public. Many speculators are expecting a new iPhone, called iPhone 6S. Many also believe that Apple will unveil a bigger more sophisticated iPad and will reveal more details about its new and improved Apple TV projects.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
