Apple Stock News: Apple Leader Of The IoT Market

Apple Stock News

For the latest Apple Stock News, AAPL closed at $148.96 on Friday, May 5, 2017. It had a gain of 1.66% from its previous close of $146,76 per share.

Apple Stock News

IoT or Internet of Things, is the name given to the phenomena that has invaded the market. Among the different segments and products, a big part of the market concerns the “wearables”. And according to a recent study done by the the research firm Strategy Analytics, Apple is the leader of this market.

In its latest report, Apple didn’t give precise figures about the sales of its Apple iWatch. However, Strategy Analytics stated that Apple sold around 3.5 million units while Xiaomi recorded sales approximately 3.4 million units. Last year, Fitbit was the leader of the market with 2.9 million units sold.

In conclusion, the sales of Apple increased. It has achieved its market objectives. Part of the increase in sales is due to Apple decreasing its prices regarding the iWatch and the connected bracelets. They heavily invested in marketing with one result: success.

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Apple Stock News: Apple Misses Revenue Estimates But Remains Optimistic

Apple Stock News

For the latest Apple Stock News, AAPL closed at $147.51 on Tuesday, May 2, 2017. It had a gain of 0.63% from its previous close of $146.58 per share.

Apple Stock News

 

Apple has released its second quarter earnings of 2017.  The company surpassed expectations, however, the company missed their revenue estimates. Apple reported $52.9 billion, short of estimates of $53.02 billion by Thomson Reuters.

Although the company missed its revenue estimates and the iPhone sales also fell short of expectation, the company in the CEO’s mind is in a good position.  The company did surpass estimations in EPS of $2.10, compared to $2.02 EPS. Let’s not forget, this is the company that has over $255 billion in cash.  According to CNBC, just the company’s cash on hands makes it larger than the market capitalization of General Electric.

The service segment brought in $7 billion in the quarter, and the company plans to double its service revenue earned by 2020.  The service segment has been Apple’s fastest growing segment.  The App store is grew by 40% and the developers community increased by 20% compared to last year.

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Apple Stock News: Apple Watch Looking To Make An Impact

Apple Stock News

For the latest Apple Stock News, AAPL closed at $143.68 on Wednesday, April 26, 2017. It had a loss of 0.47% from its previous close of $144.54 per share.

Apple Watch

It’s been two years since the launch of the Apple Stock Watch introduced by the CEO Tim Cook.

After the launch of the iPad in 2010, Apple explored the concept of the Apple Watch and its potential applications. Although the watch has not shared the same success as the iPhone, Apple continues to look for ways to diversify its product lines. Currently, Apple Watches are listed under a vast part of Apple sales called “other products”.  Aware of Apple Watch sales, the company may start exploring new options to not only boost sales, but the watch’s features.

It’s true that sales were bumping in the first place. “Other products” represent only 5% in the last quarter earnings unveiled by Apple in 2015. In this vague category, Apple indicated the presence of “Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories” (Quartz). Perhaps overtime, customers may see a new Apple Watch with new features and benefits.

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Apple Stock News: Apple Remains Adament in China

Apple Stock News

For the latest Apple Stock News, AAPL closed at $142.27 on Friday, April 21, 2017. It had a loss of 0.12% from its previous close of $142.44 per share.

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All the talk is about what’s in store for Apple this quarter. Current consensus estimates $52.61 billion, after an Apple guided indication of between $51.5 and $53.5 billion and $2.01 earnings per share.

iPhone unit sales are again expected to be strong, with 19 independent analysts expecting a slight uptick in sales. Apple sold 78.3 million iPhones in the previous quarter, up 5%.

China is the second-largest market being the US, the greatest amount of opportunity resides there.  Typically, countries create barriers for trade and China is no exception. Chinese regulators continue to make operations difficult, in a ploy to protect the local economy. Last year, Apple reported sales of $12.49 billion in the Greater China region. This year, consensus estimate sales to be down to $11.39 billion for the quarter. Despite the drop, Apple remains optimistic with the market potential in the region.

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Apple Stock News: Apple Looking To Utilize Recycled Material

Apple Stock News

For the latest Apple Stock News, AAPL closed at $140.68 on Wednesday, April 19, 2017. It had a loss of 0.37% from its previous close of $141.20 per share.

apple stock news

According to the EPA, electronic waste (e-waste) is the fastest municipal waste in the United States. The world disposes up to 50 million metric ton of e-waste each year.  As the population increases, and technology becoming more accessible worldwide, this issue could be become a significant problem if left unaddressed. Apple CEO Tim Cook, acknowledged this trend yesterday before the commemoration of Earth Day, and announced Apple’s future in sustainability.  Apple may one day produce its product lines using 100% recycled material.  Tim Cook recognize the earth has a finite of natural resources, and it is advisable to seek sustainable alternatives.  However, this is easier said than done.  Currently, Apple products along with other high tech products require valuable natural resources.

Nevertheless, this is a challenge Apple wants to achieve.  Apple currently has a program called Apple Renew.  This recycling program encourages Apple customers to donate their Apple phones or products. The discarded devices may be scrapped for future products or refurbished in exchange for compensation.

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Apple Stock News: Project Titan To Be Tested in California

Apple Stock News

For the latest Apple Stock News, AAPL closed at $141.05 on Friday, April 7, 2017. It had a loss of 0.53% from its previous close of $141.80 per share.

Apple Stock News

Whilst The Fate of Furious is now on screen, exciting news for Apple were revealed. The Department of Motor Vehicles now allowed three vehicles from different companies to test self-driving cars on public roads. And Apple was among them. Self-driving cars are not new. Apple has been working on project Titan. Apple has been testing its autonomous technologies in unmarked labs, and more particularly in Sunnyvale, CA. The deadline given by the company to its employees to prove the feasibility of the project is the end of 2017.

In October, the team made changes to shift the strategy of project Titan. As always, most of it was secret, and the company didn’t reveal its plans. Well, today we now know more about it. Therefore, Apple decided to focus on autonomous software rather than developing its own self-driving car. However, many accidents occurred in the past and the rules to test self-driving cars are very strict. Thus, any companies willing to test their product on the Californian roads must previously apply to the California DMV (Silicon Valley Business Journal).

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Apple Stock News: Seeking More Control

Apple Stock News

For the latest Apple Stock News, AAPL closed at $141.63 on Tuesday, April 11, 2017. It had a loss of 1.08% from its previous close of $143.17 per share.

Apple Stock News

 

Apple seems to want more control in its production of iPhones. Instead of having reliance on third party firms to produce components for Apple’s finished products, Apple sees itself having a future in producing and designing the parts themselves.

We have seen this in the case of Imagination Technologies.  The UK GPU company enjoyed licensing rights from Apple to supply the company with GPUs for their iPhone.  Given the phone’s success, Apple constituted over half of the company’s revenue.  What Imagination Technologies didn’t know was Apple was investing in talent and capital to begin producing its own GPUs for years.  As a result, Imagination Technologies will no longer supply GPUs to Apple by the year 2019. This caused Imagination Technologies stock to drop by over 60%.

In another case, Dialog Semiconductor is possibly facing the loss of supplying Apple with semi-conductors. Perhaps Apple has desire to make its own semi-conductors. This rumor resulted in Dialog’s stock drop by more than 15% on April 11, 2017.

These events of controlling supply could make Apple have more control in pricing and timing of products.

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Apple Stock News: Change In Price For iPhone 8?

Apple Stock News

For the latest Apple Stock News, AAPL closed at $144.02 on Wednesday, April 5, 2017. It had a loss of 0.24% from its previous close of $143.68 per share.

Apple Stock News

 

Apple has enjoyed its customers paying premium prices for their products. However, in a change of strategy, it appears the iPhone 8 might not be as expensive as its ancestors.  According to Steven Milunovich, a company analyst at UBS, the pricing structure of its future products may dramatically decrease.

Although Apple consumers have been willing to pay a premium for Apple products, Apple may need to rethink their strategy.  Competitors, such as Samsung, has opted for a push strategy for its last two products. Thus, Apple may not release a $1,000 or more for their iPhone.  Instead, Apple will increase the price for the upgraded S version of the iPhone.

Perhaps pricing won’t be the main consideration for Apple customers, as long as the new iPhone 8 meets their expectations.  Apple’s newest phone will offer numerous upgrades, such as an “all glass” chassis or fingerprint sensor (Forbes).

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Apple Stock News: Apple To Push iPad Pros

Apple Stock News

For the latest Apple Stock News, AAPL closed at $143.66 on Friday, March 31, 2017. It had a loss of 0.19% from its previous close of $143.93 per share.

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In a push to make consumers purchase Apple’s newest products, the company came up with a clever marketing campaign. The ads continued a campaign where Apple takes real people’s tweets and turns them into advertising brilliance.

One of the ads, a woman by the name of Adriana complains about her laptop being too heavy. According to her tweet, it weighs “five million tons“, which seems like a lot.

A voiceover declared that “an iPad only weighs a pound”, indicating the usefulness and non heavy aspect of the iPad pro.

There were a series of these ads, targeting different peoples tweets in varying scenarios, where Apple had an answer for them with their iPad pro. The main aim of these ads were to show off their iPad pro and all the features it has that consumers were complaining about their laptops, making the switch easier.

Apple has debated whether the iPad Pro is a laptop or not. Just under a year ago, it insisted it was a laptop. But not they are saying that it’s better than a laptop.

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Apple Stock News: Consecutive Record Days For AAPL

Apple Stock News

For the latest Apple Stock News, AAPL closed at $144.12 on Wednesday, March 29, 2017. It had a gain of 0.22% from its previous close of $143.80 per share.  The stock closed at a record high for the second straight day and the sixth time in the month of March.

 

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Despite Samsung revealing its new Galaxy S8, with hopes of a recovery from its Note 7 debacle, investors don’t seem to be worried. Apple shares are up a whopping 55% since it’s low of $90.34 in May, 2016. The stock is now trading at an all time high, with analysts continually increasing their target price. There is strong indication that iPhone 6 owners will be seeking an upgrade. Shipments of the OLED display for the next iPhone are expected to be closer to 90 million units, higher than the general consensus.

Investors remain optimistic surrounding Apple’s services revenue, despite android app user spending expected to surpass that of Apple in 2017. Apple’s stock buy-back strategy has worked to great effect, decreasing the number of shares by almost 20%, inflating prices even further. Apple is expected to increase its dividend payout next month.  With its stock buy back program and increasing dividend payout, Apple is instilling confidence in its shareholders.

 

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