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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.

Apple Stock Forecast

Summary:

The world spent $44.8 billion on mobile apps last year. This industry helped Apple improve its Services revenue by 24% during the most recent quarter.
Apple does around 70% of the global apps business.
Apple takes 30% commission from app store and in-app purchases done through iOS devices.
Strong revenue stream from iTunes App Store could inspire Apple to reduce prices of its iPhone and iPad products in China and other developing markets.
I Know First gives AAPL very positive buy signals based on its near and long-term algorithmic forecasts.

January 29, 2017

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.

Summary:

It’s time to go long AAPL. The Christmas shopping season is here soon.
The global recall of Galaxy Note 7 and holiday sales could make up for the declining iPhone sales in China.
I expect the Christian/Catholic community around the world to boost sales of iPhones, iPads, and iMac computers this last two months of 2016.
Digitimes reported that Apple has increased its fourth-quarter production orders for the iPhone 7. I expect Apple to sell 60-70 iPhones this Q4 2016.
The short and long-term algorithmic forecasts of Apple are very positive.