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 $1,000 iPhone X From Apple Will Find Many Eager Buyers

Apple Stock News

For the latest Apple Stock News, AAPL closed at $161.5 per share on September 11th, 2017. It generated a profit of 1.80% from its previous close on September 9th, 2017, when it closed at $158.63 per share.

On this Tuesday, September 12th, 2017, Apple is celebrating the 10th anniversary of the iPhone, launching its new version, in California.

Recently, a new leak revealed details about apple’s upcoming products. Therefore, according to it, the new iPhone will be called iPhone X. It might utilize “FACE ID” technology to unlock the phone, a display that covers the whole front, wireless charging, improved camera and no home button. With its price rumored to be around $1,000, the new iPhone version might be the most expensive yet sold.

The launching might also include additional products. The updated version of last year’s model:  iPhone 8 and iPhone 8 Plus, new Apple Watch, Apple TV with 4K, HomePod speakers and iOS 11 may be unveil on this Tuesday.

According to I Know First Senior Analyst Motek Moyen, in this article, investors should expect that the iPhone X will find tens of millions of buyers and that it will probably outsells the iPhone 8 and iPhone 8 Plus. Since higher prices raises the average selling prices of iPhone, Motek emphasizes that it can increase Apple’s operating margins.

Apple’s Special Event will take place at Steve Jobs Theater at 10 a.m. PDT. Hence, the market is looking forward to discovering the upcoming news from one of the world’s most valuable companies.

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 Look Into iPhone 8

Apple Stock News

For the latest Apple Stock News, AAPL closed at $119.04 on Friday, January 13, 2017 with a 0.18% loss, or $0.21 from its previous close of $119.25 per share. AAPL stock may have dropped, but 2017 should be a bullish year for the technology company.

Apple Stock News

After Apple’s disappointing performance with iPhone 7, expectations for iPhone 8 are already circulating. Supposedly, the entire front of the new smartphone will be a screen with no home button or edges exposed. The new futuristic look would replace the traditional home button with a touch-sensitive digital button. Samsung’s popular OLED display will also be adopted in the new phone, enhancing colors at a faster rate than LED. iPhone 8 is anticipated to move into “forged steel” or “metal forging” which would result in stronger metal than the current aluminum. This pressurized metal would be clinched between a two-sided ‘all-glass look.’ Though, this is is not the first time Apple has attempted this glass casing. Last time we saw this was when iPhone 4 and 4s were introduced. The opportunities of wireless technology are also expanded due to the glass casing. Apple has reported that more wireless charging options in the iPhone should be released in 2017. Because of Apple’s 10 year anniversary, the release of the new iPhone is predicted to make a big entrance. The appearance date of the iPhone 8 may hold to tradition, in the month of September, or it may surprise consumers and be released early on June 29, marking the date the first iPhone was released.

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: Steve Jobs – The Movie

On July 1st, the trailer for the much anticipated Steve Jobs movie was released. In it, director Danny Boyle,

Steve Jobsattempts to portray the way Steve Jobs transformed Apple (AAPL) from a small personal computer business into the world’s most valuable company in less than forty years.

The short three minute trailer has created a frenzy in both the movie and high-tech world accumulating 1.5 million views  on YouTube in less than twenty-four hours.

Michael Fassbender’s portrays portrayal of Steve Jobs has inevitably led critics to compare and contrast his portrayal with the way Jesse Eisneberg portrays Facebook’s (FB) Mark Zuckerberg in `The Social Network`. Not just because of the sheer similarities shared between their success stories, but because of the way both directors have attempted to depict the respective founders dark side too.

In the short clip (below), one can watch Jobs unveiling his three iconic products . The trailer highlights Job’s confrontations with his Apple colleagues preceding the launch of the Macintosh computers, the incident in which he was ousted from Apple by the board of directors, and the controversial way in which he and his ex-girlfriend had major disputes over the paternity of his daughter, Lisa.

The movie is set to be released on October 9th and the debate as to whether Fassbenger’s portrayal of Jobs is accurate or fair will undoubtedly follow shortly after.

AAPL News: Apple Watch Not A Big Hit, Yet


Since the Apple Watch was released, it has been generally perceived as the best smart watch out on the market. While this consensus still seems to be true, a survey from research firm UserTesting found that while people like the device, their reaction was not overwhelming and they wouldn’t recommend it to other people. The main issue with the device is the third-party apps, which were slower and less-reliable than built in apps.

aapl news

UserTesting used open-ended questions with 52 Apple Watch users and found that only 38% of them would recommend it to their peers. This was far from overwhelming, as users complained about the poor performance of the device and how the third party apps were mostly useless. Apple has already addressed ways to fix some of the issues at its World Wide Developers Conference last week, releasing a new operating system that allows for native apps and giving app developers more access to internal sensors and features of the watch.

While there were major issues with the Apple Watch for the users surveyed, there were some things that they liked. Step counting and fitness tracker goals were the most frequently cited as being useful, while users also identified the notifications through haptic vibration as a good feature. Michael Mace, the VP of UserTesting, said the results were not overwhelming, but were a solid start for Apple to build off of. Apple will be able to modify and build the watch based off of what is useful to users, much like they did with the iPhone in the past.

AAPL News: Advantages Apple Has In Music Streaming


At the World Wide Developers Conference on Monday, Apple’s biggest reveal was saved for last. The music streaming service Apple Music was finally revealed, and it will be made available to customers on June 30th. So far, the service has been met with skepticism, as analysts are unsure of whether it will be able to overtake competitors and dominate the market. Apple has some advantages over the others, however, and should be able to succeed because of them.

aapl news

The first advantage is the overall size of Apple’s music library, which is much larger than that of its rivals in the market. Apple has approximately 37 million songs in its music library, while Spotify and Google Play only have 30 million songs. Other rivals Tidal and Pandora only have 25 million and 1.5 million songs, respectively. Apple’s customer base is also huge compared to rivals, and if it can get a single digit percentage to convert to streaming, it can double the streaming market.

This is where the company’s customer loyalty and brand image will play a part. Apple’s marketing to its core customers has been extremely effective in the past. Apple customers tend to have multiple devices, including Apple computers, mobile phones, tablets, etc. Getting them to adopt the music streaming service is well within reason. Apple also has introduced a family plan, where up to six members can share an account for only an extra $5.00.

AAPL News: WWDC Starts Tomorrow


Apple’s annual event, the World Wide Developers Conference, starts tomorrow in San Francisco. One of the biggest stories circulating about the event before it starts is the absence of an Apple TV announcement, that is no longer expected to be revealed because the device is not ready to be shown to the public. While there will not be a new Apple TV, there is plenty to be excited about, headlined by a ramped up music service that will offer competition to rivals Spotify and Pandora.

aapl news

CEO Tim Cook is expected to reveal the new Apple Music service that will become available to iPhone users at the end of the month, and that will eventually even be offered to Android users. The service will provide streaming at a competitive cost to other services like Spotify, while Apple works to get exclusive partnerships with major labels and managers to differentiate their service. Radio will also factor heavily into the new service, complete with celebrity DJs.

Besides the music streaming service, Apple is also expected to introduce upgraded operating systems, both for its Mac computers and its mobile devices. For mobile devices, the upgrade is rumored to include the ability to run two apps on the screen at the same time. Cook will also introduce a rewards system for Apple Pay to encourage Apple users to use the service, while updates on Apple Watch apps will be given as well.

AAPL News: Apple Watch Event Indicates Clear New Strategy


Apple Inc. (AAPL) held its “Spring Forward” event on Monday, March 9th. The company released new details of its long-awaited Apple Watch at the event and was dubbed an Apple Watch event by many analysts. But other new products also garnered much fanfare, and these products set up Apple to increase its market value further.aapl news

The headliner of the event was the Apple Watch, and it did not disappoint. Apple CEO Tim Cook announced that the wearable device will come in two different sizes and three different models. The Apple Watch Sport will start at $349 for the 38mm version, while the 42mm version will be $349. The Apple Watch will range from $549 to $1099 depending of the wrist band, while the Apple Watch Edition will start at $10,000.

The varying price range shows Apple hopes to win over both the high and low end of the market with its new device. Basically, it hopes to be the best device someone can buy for either $349 compared to other low-end watchmakers, or compared to luxury brands like Rolex for up to $17,000. And they might be able to pull it off because of its usefulness. Simply put, the Apple Watch will make using the iPhone easier and simpler for consumers, making the technology nearly invisible.

Users will be able to make phone calls, read and send messages, and monitor their own health status, along with a large range of other functions, with their wearable device, saving them time and effort. The ability to hail an Uber at any time simply using your watch may not sound that incredible, but people might not be able to live without it after getting used to the effortless practice. The same can be said for many of the watches uses.

A perfect example will be Apple Pay, which Apple hopes will be helped by the use of the Apple Watch. The payment service is now accepted at 700,000 merchant locations, which is nearly three times the number of merchant locations it was accepted in just three months ago. Already having dubbed 2015 the year of Apple Pay, Cook affirmed this declaration at the event, as it fits into Apple’s attempt to make everyday tasks easier and simpler using its technology.

The Apple Watch makes using Apple Pay even easier than with the iPhone, as it only needs to be within a certain distance of a sensor to work. Users will no longer have to take out their phone and use a fingerprint, and it is even more speedy, convenient, and secure than before. The Apple Watch also opens up Apple Pay to earlier versions of the iPhone, not just for the iPhone 6. The seamless and easy use of this technology will assist Apple take a larger part in its consumers’ lives while not being visible.

The Apple Watch was not the only new technology revealed at the event, and the MacBook was a huge hit. Apple debuted its thinnest and lightest MacBook today, which is 24% thinner than the MacBook Air. Prices for this device start at $1,299, and some of the features are pretty remarkable. It has a 12-inch retina display and a new Force Touch touchpad that will be able to tell the difference between light taps and strong presses. The most interesting feature is its USB-C connector that supports five connection standards: USB data transfer, power, DisplayPort, HDMI, and VGA.

While the MacBook rightfully garnered lots of attention, Apple’s forays into Apple TV and Apple CarPlay are what are so promising for the company. Cook announced that every major car brand has committed to delivering CarPlay, noting that 40 different models will ship with the software this year. The in-car entertainment system is designed in house by Apple, providing a smoother, more familiar experience. This will also add to Apple’s presence in its users’ lives, adding another screen for Apple. It will also act as a precursor to Apple’s own car, which it is rumored to be working on.

Another product that Apple has been rumored to be working on is its own TV. Apple already has the Apple TV, and it announced a partnership with HBO. Customers will be able to stream the service without a cable subscription for the first time using the device, making it cheaper. These developments are important for Apple, who hopes to increase its presence in consumers’ lives.

Increasing its presence through the Apple Watch, Apple TV, and Apple Car could dramatically expand the reach of its ecosystem, decreasing the company’s reliance on sales of the iPhone. Doing so could cause the company to reach the $1 trillion marker valuation that is the company’s next target for analysts, after reaching $700 million and maintaining its value above it for weeks now. While this strategy has been rumored before, it now seems apparent that Apple hopes to be even more present in people’s lives while not being thought of, making the products indispensible to its users’ lifestyle.

Algorithmic Analysis

I Know First supplies financial services, mainly through stock forecasts via their predictive algorithm. The algorithm incorporates a 15-year database, and utilizes it to predict the flow of money across 2000 markets. The algorithm has more data to forecast within the long term and, naturally, outputs a more accurate predication in that time frame. Having said that, intraday traders, along with short-term players, will also benefit by taking the algorithmic perspective into consideration.

The I Know First algorithm was able to correctly predict the behavior of Apple’s stock over the last year. Figure 1 is an I Know First algorithm prediction made on February 21st, 2014. The self-learning algorithm uses artificial inelegance, predictive models based on artificial neural networks, and genetic algorithms to predict money movements within various markets.

The algorithm produces a forecast with a signal and a predictability indicator. The signal is the number in the middle of the box. The predictability is the number at the bottom of the box. At the top, a specific asset is identified. This format is consistent across all predictions. The middle number is indicative of strength and direction, not a price target. The bottom number, the predictability, signifies a confidence level.

In this forecast, Apple had a signal strength of 1.83 and a predictability indicator of 0.3 for the one-year time horizon. In accordance with the algorithm’s prediction, the stock price increased 73.89% over that time.

aapl news

Having demonstrated how I Know First’s algorithm was able to correctly predict the movement of Apple’s stock price earlier in the article, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. Figure 2 includes the three-month and one-year forecasts for Apple from March 10th, 2015. In both forecasts, Apple has a positive signal, indicating the algorithm is bullish for the stock.

aapl news


Apple Stock News: Apple’s 5.5-inch iPhone may be called the iPhone 6L

Apple Stock News: Apple’s 5.5-inch iPhone may be called the iPhone 6L


It is no secret now that Apple has been working on a large-screened iPhone 6. New rumors indicate that Apple could even make the large size part of the device’s name: the 5.5-inch iPhone 6 may be called the iPhone 6L. It is still unclear what the name of the 4.7-inch iPhone 6 will be.

The Hong Kong-based site Apple Daily has also posted photos of what it claims to be components of the new iPhone 6. They show that the iPhone 6 will include a major battery boost: the iPhone 6L will have a 2,915 milliamp-hour (mAh) battery while the 4.7-inch model’s will be 1,810 mAh, according to the report. 

The new iPhones will certainly have faster chips and run iOS 8. The 5.5-inch iPhone 6 will likely have a battery life that is as good as or even better than the battery life offered by similar Android devices.


Apple Gearing Up For iPhone 6 Release

In recent news, iphoneApple has asked partner suppliers in Asia to ramp up the production of the 4.7 and 5.5 inch iPhone 6 models. The Wall Street Journal reported that 70 million to 80 million iPhone 6 models were requested to be produced before December. This would be Apple’s largest initial handset order in company history.
To put it in perspective, the initial production for the iPhone 5c and 5s models came out to between 50 million and 60 million units in 2013.  In addition to the large smartphone order, Apple is also asking suppliers to ready components for up to 120 million iPhones by the end of the year. This is most likely due to display failures. With the large 4.7 and 5.5 inch screens, display manufacturers are claiming to experience yield issues as a result of the inclusion of advanced in-cell touch technology. This overall figure is enormous compared to last year, when Apple prepared parts for only 90 million iPhones.
While it may appear that Apple is already experiencing manufacturing delays, Foxconn and Pegatron are expected to start production of the 4.7 inch version in August. Foxconn is supposedly the sole producer of the 5.5 inch iPhone 6 and will begin manufacturing in September, which suggests that the handset will not see a release until October at the very earliest.
This report differs from the recent speculation that the production of the 4.7 inch version will begin this week, while the larger version would hit the assembly line in August. Regardless of when the highly anticipated smartphone is released, it is clear that Apple is preparing for it to be big..