In a Rare Move, Apple Admits to Faulty MacBook Keyboard

“Design is not just what it looks like and feels like. Design is how it works.” – Steve Jobs

(Source: Pixabay)

In 2015, Apple ditched their classic keyboard design for a new, sleeker keyboard with a “butterfly” mechanism for their MacBook and MacBook Pro line. Apple claimed this new keyboard was 40% thinner, making it much easier and fluid to type.

Consumers started reporting that the keyboard was faulty and that just a tiny bit of dust caused the keyboard to repeat letters or not respond properly. Being that these devices started at $1,299, users were mad that Apple was not making an effort to address such a fault. Three years and three lawsuits later, Apple has finally stated that they will fix the faulty butterfly keyboard, free of charge.

In other news, analyst Eric Ross of Cascend Securities stated that, iPhone’s supply chain was “healthy and growing again”. This may be due to the restocking of the iPhone X, which is selling better than expected, causing suppliers to revamp selected parts for the device. Morgan Stanley analyst Katy Huberty stated that the upcoming iPhone will be at cheaper cost as Apple looks to drop prices by 2%. So, this increase in supply may be for the new iPhone, releasing this September, which the company expects to sell greater quantities than last year.  

Apple’s stock was down .64% on Friday as an escalated fear of a trade war mounted a dip in the market.

(Source: Yahoo Finance)

Apple Stock News: A Stumble with the HomePod

Apple Stock News

Apple Stock News: Apple announced on Friday, November 17th, that it would be delaying the launch of its new home speaker based on Siri until next year.  As of now, no release date has been given.  The HomePod was initially announced in June with a December launch date, and was largely viewed as Apple’s response to Google Home and Alexa (Home assistants from Google and Amazon) that are seen as some of the greatest recent technological advances. These home devices are used for everything, from listening to music, to asking questions about the weather, your schedule and general curiosity, and are even used to make purchases as needed.

On its own, a delay of a launch of a specific product wouldn’t be so bad.  After all, the HomePod may be missing out on a holiday season, but Apple is more than able to make up for these sale losses in the long term. The problem is what Apple appears to be signaling to the market with this delay following the problems with the release of the iPhone X (shortage of components and problems with suppliers), the iPhone 7 (with Apple misjudging the demand for the Plus model, leading to a shortage of products) and the Air Pods (with Apple simply stating that it believes the Air Pods needed some more perfecting before they were ready to be launched). Apple is apparently having trouble coordinating with its suppliers, not being able to follow up with launches as promised, or not being able to supply the quantity needed.

Despite these obstacles, Apple still continues to grow, having presented growth in iMac, iPhone and Services sales. Additionally, the company has a positive view for sales next year, including for the HomePod, when it finally launches. As such, the perspective for Apple stock is positive, with several analysts setting the target price for the stock as being between $180 to $200 per share, well above its current price at $170.15.

With this data, it is advisable to wait before buying Apple stock, as it should decrease in price in the short term with this quantity of bad news, but should still present a growth story in the long term.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state-of-the-art algorithm click here.

Apple Stock News: Credit Suisse Trusts New iPhone 8 Production Numbers

Apple Stock News

For the latest Apple Stock News, AAPL closed at $145.16 on Wednesday, June 14th, 2017. It had a loss of 0.98% from its previous close of $147.50 per share.

Apple Stock News

The Swiss financial services firm Credit Suisse reaffirmed its strong belief in Apple (AAPL) stock. This occurred after learning that AAPL will increase its iPhone 8 production.

Previously, Apple planned on making about 100 million units of the new iPhone. But now, production is expected to reach 112 million units. Also, according to Credit Suisse’s Asia research team, total iPhone production during June-December 2017 will increase from 145 to 156 million units. This will bring the new yearly production level from 229 to 241 million iPhone units assembled.

Some worry that the iPhone 8, also known as iPhone X, will prove less popular than previous iPhones because of the rumored high selling price. However, Credit Suisse analyst Kulbinder Garcha remains optimistic for a significant rise in Apple’s stock. In a note to a client on Wednesday, Garcha wrote, “we remain convinced that the iPhone 8 product cycle will be significant in terms of driving multiyear unit growth, and we maintain our conviction on Apple’s ability to introduce new higher pricing tiers with an improved mix”.

Additional Credit Suisse analysts reconfirmed their belief in Apple and the iPhone 8. They believe the increased production estimates and Apple’s increasing Services business will offset the iPhone 8’s high manufacturing costs. “Given its affluent user base, a significant feature upgrade, limited price elasticity shown so far, as well as Samsung’s higher pricing points of the S8 devices, we believe our ASP [average selling price] assumptions could prove conservative.”

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

 

How Apple’s Stock Reacts to New Product Announcements

Infographic: How Apple's Stock Reacts to New Product Announcements | Statista

You will find more statistics at Statista.

Apple Stock Forecast Based On Algorithm: Chart Of Last 5 Months Predictions

Apple Stock Forecast

I Know First, a startup firm, has successfully predicted the price of Apple stock throughout the past year and has a strong track record tracing back even further, by analyzing fundamental variables such as volatility, volume, and short-term trends. Here is our Apple stock forecast from March 4th 2014 till August 5th 2014.

AAPL

How to read this chart?

Each point on the chart was taken from the actual daily forecast published the morning before the next market open. The chart shows the actual price in thick blue. The positive or negative (Up or Down) signals of the forecast were added to the actual last known price at the time of forecast to result in signal lines. Thus, when the signal line is above the actual line, it means “buy,” if below, it means “sell”. The green and red arrows show what would be the best times to enter the market. The widely ranging signals are scaled relative to the previous average signal range to bring them into manageable scale to fit them all in one chart.

Apple Stock Forecast Based On Algorithm: Chart Of Last 12 Months Predictions

I Know First, a startup firm, has successfully predicted the price of Apple stock throughout the past year and has a strong track record tracing back even further, by analyzing fundamental variables such as volatility, volume, and short-term trends. The Chart shows the algorithm’s predictions for the past year.

  • Apple stock forecast from June 27th 2012 till June 12th 2013.
  • The forecast is based on the 90 days prediction of “I Know First” predictive algorithm

Apple stock forecast

How to read this chart?

Each point on the chart was taken from the actual daily forecast published the morning before the next market open. The chart shows the actual price in thick blue. The positive or negative (Up or Down) signals of the forecast were added to the actual last known price at the time of forecast to result in signal lines. Thus, when the signal line is above the actual line, it means “buy,” if below, it means “sell”. The green and red arrows show what would be the best times to enter the market. The widely ranging signals are scaled relative to the previous average signal range to bring them into manageable scale to fit them all in one chart.

Apple Stock Forecast: I Know First Correctly Predicted The Bubble

I Know First, recently released its Apple stock forecast for September 21st, Apple’s peak; its algorithm correctly predicted the collapse by exhibiting strong sell signals since August 24, see Chart 1. Not only had it been correct in predicting Apple’s decline, but it also correctly predicted Apple’s pre-crash ascent. I Know First’s algorithm ignores traditional ‘fundamental’ indicators, focusing instead on tracing trends in the raw historical data.

APPL Stock Chart

The algorithm is self-learning and impartial, allowing it to be unswayed by the hysteria in the market. Chart 2 shows the actual price of Apple stock (bold) and I Know First’s algorithm’s signals for future movements (colorful lines). When the signals lie below the line of the actual stock price, one should view that as an indication to sell Apple stock. As we can see, there were strong signals to begin selling Apple stock less than a month before the crash.