Apple Forecasts based on a Predictive Algorithm
This article was written by Talia Shakhnovsky, a Financial Analyst at I Know First.
“The combination of negative investor sentiment, the potential for a services acceleration in June, and a low bar for September guidance keep us positively biased into earnings.”
– Morgan Stanley equity analyst Katy Huberty
Executive Summary In this forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for Apple
Summary: Apple’s Services Revenue Reaches New All-Time High of $11.5 Billion The U.S. Supreme Court ruled that consumers can press ahead with a lawsuit that
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
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The $750 iPhone XR is reportedly not selling as well as expected. Based on Apple’s latest earnings report, iPhone unit sales is flat. Global sales of tablets is also shrinking. It is therefore a great relief to learn that Apple successfully persuaded Amazon (AMZN) to sell iPhones and iPads in America and other countries.
Amazon is the third-ranked vendor of tablets with its Fire Android products. It pleases me that Amazon agreed to be a direct reseller of iPads.
(Source: Statista)
I previously harped about it many times – AAPL’s price movement is largely dictated by how many units of iPhones it sold. AAPL dipped post-earnings last November 2 because investors are scared that iPhone sales have peaked. The management’s decision to no longer report unit sales of iPhones going forward is worrisome for some investors. It was perceived as tacit admission that iPhone unit sales has really peaked. The mood now is that Apple can no longer rely on the iPhone for growth.
Apple Unveils Highly Anticipated New Line Up at October Event (Flickr) After a long period of anticipation, Apple has held its October event in Brooklyn
Apple Stock Forecast: High Demand For XS Max, XR On The Way (By Rhaym tech Via Wikimedia Commons) With the release of the new iPhone
Apple’s September Summit Take-Aways Last week, Apple kicked off their annual September event. Their main unveilings included the new Apple Watch 4 and the iPhone
“The worlds most famous and popular language is music” – Psy As of this week, Apple Music has surpassed Spotify’s paid subscriber count in the
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.
