State of the Art Algorithmic Forecasts

I Know First is a financial services firm that utilizes an advanced self-learning algorithm to analyze, model and predict the stock market.

More

Algorithmic Solutions for Private Investors

Private traders utilize these daily forecasts as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster.

More

Algorithmic Solutions for Institutional Investors

We design personal forecasts to provide institutions with a competitive advantage utilizing our advanced self-learning algorithm.    

More

I Know First Research & Development

Our research department is observing algorithmic forecasts looking for unique market opportunities, and publishing on a regular basis.

More

Apple Stock News: Apple Finally Caught Up With IPhone X Demand

Apple Stock News

Apple has finally caught up with the iPhone X demand. The phone, which faced shipment issues on its debut due to supply chain constraints, can now be acquired in only one day after ordering. The next-day delivery option is available in the United States, the United Kingdom and a few other countries.

With this balance between supply and demand, which does not mean weak demand, but rather better-than-expected production, Apple is expecting to break records on revenue and profitability. The company is expecting to sell 83 million units this holiday season, an increase of 5 million units from the previous record. Although this optimism released on Apple’s first-quarter guidance, we will have to wait to discover these numbers.

On September 8th, 2017, I Know First forecasted that Apple’s iPhone X would find many eager buyers, despite its high price. As expected, the new iPhone indeed met a strong demand and its production was increased. Since this bullish forecast that was sent to I Know First customers, Apple stock increased 9.4%.

Whilst the iPhone X is truly in stock, Apple’s AirPods are sold out online. Frustrating last-minute holiday shoppers, the AirPods will only be available in the first two weeks of January. According to Tim Cook, despite Apple’s increased production capacity of the AirPods, the company is still not able to meet the strong level of demand.

For the latest Apple Stock News, AAPL closed at $176.42 per share on December 18th, 2017. It generated profits of 1.40% from its previous close on December 17th, 2017, when it closed at $173.97 per share.

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

Apple Stock News: The Race to be the First Trillion Dollar Company May Depend on China

Apple Stock News

The race to get the title of first trillion dollar market cap is getting closer to the finish line.  Apple is sitting pretty with an $868B market cap.  Alphabet Inc. (Google) is in second place at $712B.  Amazon is in third at $556B.  Facebook is in fourth at $512B.  But Apple hasn’t always been in the lead.  It was temporarily overtaken by Alphabet Inc. in 2016.

What makes Apple the favorite in this horserace?  It’s not valuation.  Since Apple’s biggest driver is the iPhone, they are priced more like a hardware company.  That’s why Apple’s PE is 18 whereas Alphabet’s is 37, Amazon’s is 294, and Facebook’s is 34.  Although, Apple is investing heavily in its high growth Services business which could help to increase Apple’s P/E multiple in the future.

The main reason Apple is in first place is the tech giant generates so much darn profit.  They earn the vast majority of the profits of the entire smartphone space.  One significant differentiating factor that has helped them do this is their success in China.  Out of the four tech behemoths mentioned above, Apple is the only one that has truly flourished in the People’s Republic.  China is too big to ignore with 20% of the globe’s population.  In Apple’s 2017 fiscal year, they generated $44.8B in revenue from Greater China.  Even though that number decreased 8% YoY, it still amounted to 20% of Apple’s total revenue.  That 20% figure is much higher than the Chinese revenue generated from the other three tech titans.

Facebook doesn’t operate in China.  Alphabet does operate there, but many of its core services are severely restricted.  Amazon operates there as well, but is not even close to becoming a major player.

The Middle Kingdom’s significance to Apple has definitely incentivized them to keep the Chinese regulators happy.  This results in Apple removing hundreds of VPN apps from the Chinese App Store as well as building a data center in China to house Chinese users’ data.  Apple may not always like the Chinese regulations, but they certainly aren’t pulling out of China anytime soon.

For the latest Apple Stock News, AAPL closed at $169.01 per share on December 6th, 2017. It generated losses of 0.37% from its previous close on December 5th, 2017, when it closed at $169.64 per share.

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

Apple Stock News: Apple’s AirPods Shipments Are Expected To Double Next Year

Apple Stock News

According to KGI Securities analyst Ming-Chi Kuo, Apple’s most accurate forecaster, Apple AirPods will explode in popularity next year. Its shipments are expected to double in 2018, growing from 13-14 million units in 2017 to a range of 26 to 28 million units.

The 100% year-over-year growth is from one of Apple’s most popular wireless accessories. The Bluetooth headphones launched late last year were hard to find at first. Its availability struggled to meet demand, as can be seen by Apple Store’s shipping estimate for the AirPods being a six-week wait.

Kuo said that Apple is now addressing its supply problems by adding a new China-based assembler, Luxshare. Previously, it was only manufactured by Inventec. This increased manufacturing capacity. Consequently, the AirPods expected shipping time from the point of ordering shortened to 1-3 days.

Moreover, Apple is also planning to release a new wireless charging method for the AirPods, yet there has been no official date for the release.

For the latest Apple Stock News, AAPL closed at $168.8 per share on December 4th, 2017. It generated losses of 0.73% from its previous close on December 3rd, 2017, when it closed at $171.05 per share.

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

Apple Stock News: Apple Poised for Record Holiday Quarter

Apple Stock News

Apple appears to be poised for a record holiday quarter.  iPhone X production is improving.  Three million units are currently being produced each week, but that could increase to four million units in December.  According to Rosenblatt Securities analyst Jun Zhang, Apple may have sold six million iPhone X units over the Black Friday weekend which would be an amazing feat.

Zhang is also saying that most consumers are buying the 256 GB model which carries a higher price tag.  He believes that Apple is selling twice as many 256 GB units as 64 GB units.  This would be fantastic news for Apple’s earnings and profit margin.  The 256 GB product costs $1,149 while the 64 GB product costs $999. Overall, Apple may have sold 15 million iPhone X units since it went on sale. Apple could end up selling 30 million iPhone X units during the current holiday quarter and 40 million units during the next quarter.

Consequently, Rosenblatt Securities’ December quarter iPhone X shipment estimates increased from 27-28 million to 30 million units.  However, due to the belief that normal seasonality will kick in after the inventory build, the March quarter iPhone X estimates decreased from 45 million to 40 million units.  The main takeaway is the holiday quarter should be exceptional, but then sales should pullback a bit as seen by the net decrease in sales estimates of 2-3 million iPhone X units sold for the next two quarters.

In Other News

Apple filed a countersuit against Qualcomm alleging that it is infringing on at least eight patents related to battery life.  The countersuit is in response to Qualcomm’s patent infringement suit filed in July relating to six of its own patents.  Apple is reportedly seeking unspecified damages in order to add pressure to settle the suit.  However, that doesn’t look like it’s going to happen soon.  The tech giant, meanwhile, appears to be accelerating its shift toward Intel modems in response.

Apple also recently revealed a new self-driving car system that can detect pedestrians, cyclists, and other 3D objects.  Apple’s ambition in this space has shifted from building their own self-driving cars to building the software that helps power them.  Company researchers claim the new system “outperforms the state-of-the-art detection methods by a large margin.”  However, the research is still in an early phase.

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: Apple Files Patent For A Foldable Electronic Device

Apple Stock News

The technology Giant Apple has filed an application with the United States Patent & Trade Office for a foldable electronic device. The application states that this technology is related to any kind of electronic gadget that has a display: laptop computer, tablet computer, cellular telephone, a wristwatch, or other electronic device.

Most likely that Apple’s most popular product, the iPhone, will be the device utilizing this technology. Apple is not the first company working on a foldable phone. Samsung is expected to release a foldable smartphone in 2018. The company has been working on this project for around five years. The Galaxy X will allow users to fold, bend, and change its size to suit their needs.

Moreover, ZTE has already launched a foldable phone this year. The Axon M. has two screens and a central hinge, which allows it to fold in half and open like a book. The dual screen can work in several modes, such as traditional – folded in half and behaving like a regular smartphone, independently – each screen operates by its own, extended – as a tablet, and most impressive in a mirror mode, where the folded phone can operate a double viewing screen.

Therefore, the world’s largest market capitalization company is joining the foldable phone race. Despite not being the first to launch this technology, Apple has much more of a chance of owning the market, since ZTE’s foldable smartphone has a far less impressive dual-screen device. Unlike other companies, Apple is going all out with an actual flexible, folding screen rather than a dual-panel design.

For the latest Apple Stock News, AAPL closed at $174.09 per share on November 27th, 2017. It generated losses of 0.5% from its previous close on November 24th, 2017, when it closed at $174.97 per share.

In the past, I Know First issued a bullish forecast for AAPL in 2016.

Since then, AAPL is with 49% gain.

I Know First subscribers received this forecast on October 23rd, 2016. To subscribe today click here.

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: Apple increasing production of IPhone X in Q4

Apple stock news: After production start of the IPhone X, Apple has seemingly addressed many of the production issues at hand, and increased daily production to approximately 450,000 – 550,000 pieces a day compared to the 50,000 – 150,000 a month ago. Due to this improvement shipment will increase 10% to 20% in the Q4, higher than the previous estimate but become slightly lower in the first quarter of 2018.

This increase in shipments comes just right for the holiday season, most probably leading to high sales of the new product and a strong finish for the Apple share at the end of Q4. Apple’s financial guidance for the ongoing quarter suggest that Apple is confident that it has resolved all production trouble and is aiming towards a record performance with strong demand throughout the quarter. The high demand for the IPhone X was forecasted by an I Know First analyst on September 8th. Since the bullish forecast on September 8th, Apple shares (AAPL) are up 8.5% which is a fair amount for such a heavy share.

 

Although Apple (AAPL) has seen some difficulties in the past, with the delayed release of the HomePod, the company is still growing, and is estimated to reach a median target of $193.00 with some estimates seeing it as high $235.00 in the coming 12 months. Currently at $174.97, the share has room to grow, and most probably will do so in the upcoming months.

This forecast was sent to current I Know First subscribers on September 8th 2017. To subscribe today click here.

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: 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: Apple Making Moves to Boost Services Business

Apple Stock News

Apple Stock News: Apple is currently laying the groundwork for a sizeable boost in the Services business.  This is on top of the stellar success the Services business already had in the most recent quarter when it grew over 24% to $8.5B in revenue.  The Services segment is composed of the App store, Apple Music, iCloud, and Apple Pay.

According to CFRA Research analyst, Angelo Zino, expect a lot to happen to Apple Services in the next few years.  The quickest way to increase market value and reach $1T or even $2T in market value is to get a higher stock multiple on top of earnings growth.  This is where Services comes into play.  With Services growing at a 20% clip, if Apple can keep it up, it will help Apple increase its multiple.  Service firms typically have higher multiples than hardware firms.  Currently, Services is only 13% of total revenues, but it could soon grow to 20% of total revenues and 33% of total profits.  Not to mention if virtual-reality games and other augmented reality services become popular, Services growth could surge to 30%.

CEO Tim Cook has mentioned in the past how Apple is preparing for an augmented-reality (AR) and virtual-reality future.  With that said, Apple is rumored to be working on a rear-facing 3D sensor system for the iPhone in 2019.  This would help Apple turn the iPhone into the leading AR device.  Also on the rumor mill is that Apple will launch a subscription video-on-demand service in 2018 to take on Netflix and others in the highly competitive and quickly growing space.  Both of these developments would help Apple to achieve its goal of doubling Services revenue by 2020.

Other News

In other news, according to Canalys, Apple is now the leader in the wearables space due to the success of the Apple Watch Series 3.  It was revealed on the last conference call that Watch unit sales were up 50% and the entire wearable business was up 75% YoY.  This is just another example of Apple’s effort to build up the non-iPhone segments of the company.

It was also reported that Warren Buffet’s Berkshire Hathaway added 3.9M shares of Apple in the third quarter.  As many investors follow Buffet’s lead, it could lead to increased demand for Apple stock in the near term.

Although Apple’s stock price has pulled back in the past week and there could be more uncertainty in the near term, the long term story remains bullish.

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: 3D Sensing To Be Standard In All IPhones Next Year

Apple Stock News

One week after the launching of the iPhone X, people are already speculating about next year’s iPhones. According to KGI Securities analyst, Ming-Chi Kuo, who has had fairly reliable predictions on Apple over the last few years, Apple will release three new models in 2018.

                                                       (Source: KGI Securities)

His expectations are that Apple will release two high-end phones. One is the second-generation of the iPhone X with the same size as the original of 5.8-inches. The other phone, “iPhone X Plus”, will have a significantly larger 6.5-inch display. These models will both come out with OLED displays.

It is also expected that Apple will launch a middle and low-end iPhone model. The 6.1-inch model with a lower resolution LCD display would probably cost around $650-750.

All three iPhones will probably feature a full-screen design, instead of a fingerprint sensor, and TrueDepth Camera (3-D sensing) as the original iPhone X. Kuo also expects no delays in 2018 launches, since Apple’s supply chain will already be well experienced with the iPhone X production by next year.

For the latest Apple Stock News, AAPL closed at $173.97 per share on November 13th, 2017. It generated losses of 0.4% from its previous close on November 10th, 2017, when it closed at $174.67 per share.

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: Positive Reviews for iPhone X leads to Positive Outlook for Apple Stock

Apple Stock News

 

A little more than a week after the iPhone X launch, reviews have begun to surface for the new smartphone, and they have been good so far. With many complementing it´s advances and stating the new iPhone is a huge leap forward in terms of the technology and components used.

Nevertheless, iPhone seems to have a problem functioning in extreme temperatures (from approximately 2ºC to approximately 35ºC), a fact which may represent a problem with winter fast approaching. Apple acknowledged this problem, stating it will soon release an update for the software, allowing the iPhone to work even at the extreme temperatures.

Despite the few problems it has been presenting, and a small depreciation in its stock prices on Friday, Apple prices are expected to grow significantly in the short and long term. The market is very optimistic about the demand for the new iPhone X and the impact it should have on Apple’s revenue. That coupled with the fact that Apple surprised the estimates for its Q4, should signify a good future for Apple stock.

For the latest Apple Stock News, AAPL closed at $174.67 per share on November 10th, 2017. It generated a loss  of 0.33% from its previous close on November 9rd, 2017, when it closed at $175.25 per share.

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