Apple Stock News: WWDC 2016 Recap

WWDC2016

Apple Stock News

This week Apple Inc. (AAPL) held its annual Worldwide Developers Conference (WWDC) in Cupertino, CA. In the event, Apple showcased broad improvements to its software only and did not present any new hardware upgrades. The 27th WWDC started off by presenting some raw numbers referring the Apple world: 13 Million Registered Developers, 2 million apps available on the app store, downloaded 130 billion times, and 50 billion dollars paid directly to developers.

WatchOS

The new version of WatchOS – WatchOS 3, didn’t see major improvements that can necessarily be seen by the everyday user – Apple mainly improved its more portable operating system performance wise.

  • Keep favorite apps in memory
  • Background updates
  • Refreshed information
  • Instant launch

All these are the key features that will allow the Apple Watch users to use it more instantly and regularly. Users can now use their own handwriting to respond to texts, alongside some quick smart responds, and can easily change watch faces with no problem. Keeping the activity app a part of the Apple Watch, Apple has now made it possible to interact with your friends and compete, or simply share your daily scores.

tvOS

Since last fall, Apple developers have had the opportunity to use a modern platform, similar to iOS, to develop apps for the TV operating system. AppleTV has now 6,000 available apps, in just 7 months, including streaming services and games. A new hardware-like improvement would be the move from the regular remote-control to the iPhone. The iPhone TV app will enable the viewers to use Siri as a search engine, touch for navigation, and it will use the accelerometer and gyroscope to play games. Apple also offers a list of live channels, such as sports, kids etc. and with “live tunein” you can simply talk to Siri and request a specific channel you want to watch. Another familiar feature is “continuity” – Up until today when you downloaded an app to your iPhone it automatically appeared on your iPad and other iOS devices, now it will also include the TV.

Since gaming has lately become a big thing, and people like to record and share their gaming experience, tvOS will also include the option to record, save, or live stream your gaming experience. Also, multiplayer gaming will be available for up to 4 people in one living room.

Apple’s operating system will also introduce you to what is commonly known as the “internet of things” – people can now download and develop apps that will control various machines and systems in their home. The internet of things has taken shape in the past few years, and it is destined to be in everyone home in the not-so-far-future.

Apple TV

OS X -> macOS

The first thing presented to the audience is the name change of the operating system’s name, for 15 years it’s been called OS X, and from now, to align it with all other OS names, it will be called macOS. And just like every version of the computer operated by Apple, this year’s version of the OS has a unique name – Sierra. The main focus of the developer team was the continuity. Continuity refers to the connection between your different Apple products, the vision is for them to act as if they can sense each other’s presence. Apple wants to allow their users to freely move across different platforms without the problem of covering what was already done on a certain device. For example, a feature that was introduced last year, and is already available in most version of Apple products, once receiving an incoming call on your iPhone, you can easily pick up the call on your Mac. This year, apple introduced the option to also use a universal clipboard. That means that you can “copy” an item on your iPhone and “paste” on your Mac. Apple also introduced a new safety feature, this feature can save you time in entering your password every time you login to your Mac. The computer “senses” the presence of your AppleWatch and skips the login in screen. Another new improvement in the continuity area is the files availability. The coming version will allow its users to have their computer desktop available across all Apple computer, as well as their iOS devices. This feature is an upgrade to what was familiar by only using the iCloud drive. But now it’s available more broadly. The iCloud drive has one more upgrade – It can now free up space on your computer. It simply deletes old files that you haven’t used for a while on your computer, and it saves them on the iCloud drive.

ApplePay is a great way to pay in stores using the iPhone and the AppleWatch. Apple’s idea was to bring the experience of ApplePay to the computer as well. Now when you’re about to make a purchase online on your Mac, you will have a “pay with ApplePay” button available. Pressing this button would prompt a message on your computer screen and iPhone. The iPhone will wait for your fingerprint, and once your identity was confirmed your purchase will be made. This option has already been approved by many retailers and companies on the web. The ApplePay platform is now available in the U.S, U.K, Canada, Australia, China, Singapore, and from now on also in Switzerland, France, and Hong Kong.

The biggest improvement to the macOS is the arrival of Siri. Now that Siri is part of the macOS, it can be asked almost anything – files you recently worked on, pictures containing various items, or even to play music.

iOS

We don’t know much about the new iPhone coming this fall, but we do know that it’s going to run the new iOS – iOS10. The new iOS will showcase new notification visuals, along with some force touch (also known as 3D touch) capabilities. The relatively new feature of force touch now supports more apps, and can show more widgets by pressing icons on your homepage. Another big announcement is the availability of some of Apple’s biggest project to developers – Siri, Maps, etc. Another shot of Apple into using machine learning is applying QuickType – bringing Siri intelligence to the keyboard. Siri will suggest your replies to chats, and it can learn what subjects you talk about with your friends. Intelligence suggestions is only one way Apple is using machine learning. From now on, looking for pictures is going to be a lot easier, you imply search for the object you look and for. Dogs, Nature, Kids, even friends by their names.

Coming this fall

All these great features will be available to customers in the coming fall, with macOS arriving for beta users this coming July.

Most of the features Apple showcased in this last event are not necessarily ground breaking, or something we haven’t seen before, but this is how the game is played. Apple is now taking part the home network and the internet of things, what might imply on some future projects in the home area – such as implying machine learning into more commonly used objects around the house.

Siri

Apple Stock Price Predictions: Return up to 30.45% in 14 Days

Apple Stock Price Predictions

This Computer Industry Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:

Top 10 Computer Industry stocks for the long position
Top 10 Computer Industry stocks for the short position

Package Name: Computer Industry StocksComputer Industry
Forecast Length: 14 Days (05/19/16 – 06/02/16)
I Know First Average: 10.19%

Apple Stock Price Predictions

As predicted by the algorithm, all top 10 stock picks increased during this 2-week forecasting period. MU was our top-performing stock with a return of 30.45%. CYBR, DDD, RAX, and NANO all also had notable returns of 14.44%, 11.35%, 11.03%, and 10.29%. The package saw overall growth of 10.19% compared to the S&P 500’s 2.81% increase.

Micron Technology, Inc. (MU) provides semiconductor systems worldwide. It operates in four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. There are a few reasons that MU stock could be looking at additional growth including the state of the hard drive market, the joint development of 3D XPoint with Intel, and potential growth in the currently depressed DRAM market.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please note, for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

AAPL Forecast Based On Pattern Recognition : Up To 14.18% Return In 7 Days

AAPL Forecast

This AAPL forecast is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:

Top 10 Computer Industry stocks for the long position
Top 10 Computer Industry stocks for the short position

Package Name: Computer Industry Stocks
Forecast Length: 7 Days (05/24/16 – 05/31/16)
I Know First Average: 6.34%

Stock Predictor

The algorithm correctly predicted all 10 stocks for the Computer Industry package on the 7-day time horizon from May 24th The top performing stock was MU  with an outstanding return of 14.18% in just 7  days. The average return from this package was 6.64%, offering an advantage to investors over the S&P 500 which returned only 2.39% for the same time period.

Micron Technology, Inc. provides semiconductor systems worldwide. It operates in four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. The company offers DDR4 and DDR3 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please note, for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

Apple Stock Predictions Based on Self Learning Algorithm: Return up to 15.89% in 7 Days

Apple Stock Predictions

This Hedge Fund Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks that hedge funds are buying and selling. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy within the hedge fund universe:

  • 10 Hedge Fund stocks for the long position
  • 10 Hedge Fund stocks for the short position

Package Name: Hedge Fund Stockshedgefunds
Forecast Length: 7 Days (05/20/16 – 05/27/16)
I Know First Average: 6.13%

apple stock predictions

The predictive algorithm had an incredible 100% accuracy rate for this forecast from our new Hedge Fund Stocks package. The top-performing stock in this short-term forecast was ARNA returning 15.89%. Other notable stocks included NRF, URI, AAPL, and HTWR with returns of 7.06%, 6.71%, 6.53%, and 6.05%. The package returned an average of 6.13% as compared to the S&P 500’s return of 2.89% for the same 7 days.

Arena Pharmaceuticals, Inc. (ARNA), a biopharmaceutical company, discovers, develops, and commercializes novel drugs that target G protein-coupled receptors to address unmet medical needs in the United States and South Korea. ARNA recently posted its earnings revealing a Q1 loss that was narrower than expected.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

Apple Stock Forecast based on Artificial Intelligence: 3.93% Return In 3 Days

Apple Stock Forecast

This Best Technology Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

Top 10 tech stocks for the long position
Top 10 tech stocks for the short position

PackageName: Tech StocksTech Stocks 165
Forecast Length: 3 Days (05/20/16 – 05/24/16)
I Know First Average: 5.81%

apple stock forecast

The best performing stock for the long position in the 3 days forecast from May 20th was AIXG which had a strong return of 24.80%. NXPI and NVMI also offered strong returns 2.93% and 2.92%. The I Know First Average for the long position was 5.81% beating the S&P 500 return of 1.77%. The algorithm had an amazing 100% accuracy.

Aixtron SE is a provider of deposition equipment to the semiconductor and compound-semiconductor industry. The Company’s technology solutions are used by a diverse range of customers to build advanced components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

Apple Stock News: Is Apple Stock Oversold and Set to Outperform?

Apple Stock News

Apple, Inc.’s share prices dropped to a new 52-week low on Friday, May 6th, with a share value of $91.85 before closing at $92.72 at the end of the trading session. This number put AAPL at a one-year loss of 24.46% and a year-to-date loss of around 11%.

Apple Stock News

RBC Capital Markets analyst Amit Daryanani sees this dip as an overreaction by stockholders to the recent findings in the Q2 earnings report. In the report, Apple posted a year-over-year decline in quarterly revenue for the first time in 13 years and the first-ever decline in iPhone sales.

Traders with a bearish position on Apple stock are saying that iPhone upgrade cycles will be elongated and that the upcoming release of the iPhone 7 won’t entice consumers enough to buy the phone. Additionally, Apple’s struggles in China are concerning and the decline in profit margins are also noted by traders with this position.

Bulls, on the other hand, see the potential for accelerated iPhone growth in coming years and revenue from services such as the App Store and Apple Pay also seeing further growth. Daryanani also notes that new products that are rumored to be released, such as an Internet TV service, could lift Apple’s stock over the next 5 years.

Ultimately, Daryanani sees Apple stock as being oversold and has a strong “outperform” position on the stock at this time. His price target for the company is $120, showing that he expects strong growth from this point.

 

Apple Stock News Preview: 1Q16 Earning Report Released

Apple Stock News Preview

Apple, Inc. released its earnings report for the first quarter of 2016 on April 26th at 5PM Eastern Standard Time. Ahead of the report’s release, analysts speculated that the company would be facing a decrease in sales and profits for the first time in 13 years.

I Know First previously published an article about the expected performance of AAPL stock and this short bite before earnings.

apple stock news

The company’s newest phone, the iPhone SE, is being sold at a much lower price as Apple hopes to break into new emerging markets. Our senior analyst Ayush Singh has written a review of AAPL stock outlining his expectations for the stock in the near future and beyond.

The article can be found on our main I Know First website, here.

 

Apple Stock News: Apple May Be Facing a Drop in Revenue This Quarter

Apple Stock News

Apple Inc. has grown since its conception to become a giant in its industry and to deliver the largest profits of the world’s publicly traded companies. The iPhone is the driving force behind the company’s revenues with the phone bringing in two-thirds of Apple’s sales and profits. Prices for the covetted smartphones are most commonly close to $700, though the company began to sell the new iPhone SE for just $400 in an attempt to widen their customer base.

apple stock news

In China and India, however, where the company is hoping to see significant growth in sales, this price drop will likely not be significant enough to attract hoards of new clients. The majority of smartphones sold in China (around 70%) cost less than $300 and in India 80% of smartphones have pricetags below $150. These numbers don’t bode well for Apple as they hope to expand to make up for slowing purchase rates in the United States and Western Europe.

With the slowing market and reduced production cycles, many analysts are speculating that there will be no big sales increase this quarter. In fact, the boosts to revenue that Apple has seen in recent years is getting harder and harder to replicate as the market becomes more saturated. If Apple reports a loss this quarter it will be a first for the company since 2003 when Steve Jobs was helping make the laptop mainstream. Concerns about Apple’s performance are already affecting stock prices with AAPL seeing a 3% dip last week. Apple will release it’s earning report for the first quarter today, April 26th at 5PM Eastern Standard Time.

Apple Stock News: Apple’s Fight With the DOJ Finally Over

Apple Stock News

The ongoing battle between Apple, Inc. and the United States Department of Justice (DoJ) has finally come to an end after months of back-and-forth over the company’s privacy concerns. On February 16th, a U.S. judge ordered Apple to give the government “reasonable technical assistance” in recovering the information from the phone of Syed Rizwan Farook, the shooter responsible for the December 2nd attacks in San Bernardino, California.

Apple Stock News

Apple, Inc. executives refused to participate in the investigation, vowing to protect the personal data of their customers. CEO Tim Cook claimed in a letter to customers that was posted to the company’s website that such action would create a precedent for the government to demand that Apple aid in the interception of personal messages and surveillance software, at least one government official denied such claims.

The DoJ has officially decided to drop the lawsuit against Apple, claiming that the FBI (Federal Bureau of Investigation) was able to unlock the iPhone with the help of a third party. The government did not release specifics on the technique that was used to hack the iPhone or the organization that helped them do so. Apple responded that the company will continue to help law enforcement with investigations, but that the company is equally dedicated to personal data protection and increasing the privacy of their customers’ personal information.

Read more about the clash between Apple and the DoJ — here

 

 

Apple Stock Outlook Based on Machine Learning: Return up to 13.17% in 7 Days

Apple Stock Outlook

This Best Technology Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

Top 10 tech stocks for the long position
Top 10 tech stocks for the short position

Package Name: Tech Stocks
Forecast Length: 7 Days (03/29/16 – 04/05/16)
I Know First Average: 4.61%

Apple Stock Outlook

7 out of 10 top stocks in the long position for this forecast increased as predicted by the predictive algorithm. SSYS overcame AIXG to become the top-earning stock for this time period with a return of 13.17% compared to AIXG’s return of 11.50%. TSLA is also seeing significant growth with a return of 10.95% for the 7-day period. The package had total growth of 4.61% while the S&P 500 increased by just 0.40%.

Stratasys Ltd. (SSYS) provides three-dimensional (3D) printing and additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. The company revealed their newest 3D printer, the  J750, on April 4th which will have the capability to mix-and-match full-color gradients for the first time.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.