Apple Forecasts based on a Predictive Algorithm
“Changes call for innovation, and innovation leads to progress” -Li Keqiang (Source: MacWorld) One of the biggest gripes with owning any wireless device is having
“Many people repeat the past. I’m not interested. I prefer evolution.” -Issey Miyake (Source: Flickr) Throughout the history of the iPhone, there has been one
“The digital revolution is far more significant than the invention of writing or even of printing” – Douglas Engelbart (Source: Apple) With a new Apple
“If there’s a way to do it better – find it”- Thomas Edison (Source: Flickr) As fall approaches, so do the rumors of the brand
“We’re very simple people at Apple.We focus on making the world’s best products and enriching people’s lives” -Tim Cook
Algorithmic Predictions For 2Q Compared To Results
I Know First has written numerous bullish articles during the second quarter, arguing that the company would continue to perform well and the stock price would climb even higher. The first article was written after the first quarter earnings report. In it, I argued that the stock price had more room to increase, especially because of the success Apple was having in China.
Another article, written on February 25th, focused on how demand for the iPhone would remain high even though Apple sold a record 74.5 million units in the first quarter. A third article was a preview for the earnings report, and reiterated that iPhone sales would perform better in the second quarter compared to previous years because most of the sales so far had been converting users of other devices, and that Apple would continue this trend in the coming quarter. The stock price has continuously climbed during the previous quarter as the articles predicted, increasing over 15%.
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Package Name: Tech Stocks
Recommended Positions: Long
Forecast Length: 1 Year (3/18/14 – 3/18/15)
I Know First Average: 29.51%
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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.
