Apple Stock News: Apple is Ready to Spend $1 Billion on Original Content Production

Apple Stock News

For the latest Apple Stock News, AAPL closed at $160.95 per share on August 16th, 2017. It generated a loss of 0.40% from its previous close on August 15th, 2017, when it closed at $161.94 per share.

apple stock news apple stock news

Apple appears to be taking original content production very seriously. On June the company announced the hirings of Jamie Ehrlicht and Zack Van Amburg, who were top executives at Sony Television. Today, the Wall Street Journal reported that Apple has readied a $1 billion budget to ‘procure and produce’ content over the next year.

The report notes that new producers Erlicht and Van Amburg started their work in early August and have taken over video production responsibilities from the Apple Music team. The execs have already held meetings with Hollywood to find shows to acquire.

Additionally, the report says that the budget is about half what HBO spent on production last year. Apple could launch up to ten new shows, with Apple SVP Eddy Cue stating that they have ambitions to offer shows that rival Game of Thrones.

It is the first time that Apple has actually been giving priority to original content efforts. With a large budget and premiere talent leading the video programming division, it is likely that the quality of Apple’s in-development programming will be higher.

It isn’t clear yet how the new shows will be released to customers. Apple currently hosts Planet of the Apps and Carpool Karaoke on Apple Music, but it seems likely that the company will double-down on a true, dedicated, internet TV service with new initiatives.

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 Outlook Based on Genetic Algorithms: Returns up to 49.62% in 1 Year

Apple Stock Outlook

The Computer Industry Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry for deep learning trading:

  • Top 10 Computer Industry stocks for the long position
  • Top 10 Computer Industry stocks for the short position

Computer Industry
Package Name: Computer Industry Stocks
Recommended Positions: Long
Forecast Length: 1 Year (08/16/2016 – 08/16/2017)
I Know First Average: 39.46%
Deep Learning Trading

This Computer Industry Stocks Package forecast had correctly predicted 10 out of 10 stock movements. The top performing prediction from this package was MU with a return of 97.62%. ADSK, and AAPL had notable returns of 75.44% and 49.62%. The package’s overall average return was 39.46%, providing investors with a 26.77% premium over the S&P 500’s return of 12.69% during the same period.

Micron Technology, Inc. (MU) through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules. It is a part of the Semiconductor Devices industry.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

Apple Stock Forecast Based on Algo Trading: Returns up to 50.39% in 1 Year

Apple Stock Forecast

This Hedge Fund Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks according to I Know First’s stock market algorithm. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to long and short based on artificial intelligence trading strategies:

  • Top 10 Hedge Fund stocks for the long position
  • Top 10 Hedge Fund stocks for the short position

hedgefunds
Package Name: Hedge Fund Stocks
Recommended Positions: Long
Forecast Length: 1 Year (08/14/2016 – 08/14/2017)
I Know First Average: 37.67%
Apple Stock Forecast

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Hedge Fund Stocks Package for the 1 Year time period. The greatest return came from CSX at 84.31%. KERX and AAPL also performed well for this time horizon with returns of 55.24% and 50.39%, respectively. The package itself saw an overall return of 37.67%, providing investors with a 24.77% premium above the S&P 500’s return of 12.90% for the same time period.

CSX Corporation, (CSX), together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

Apple Stock News: Google to Pay $3 Billion to Apple to Remain Default Search Engine

Apple Stock News

For the latest Apple Stock News, AAPL closed at $159.85 per share on August 14th, 2017. It generated a return of 1.50% from its previous close on August 11th, 2017, when it closed at $157.48 per share.

apple stock news

Alphabet Inc.’s Google pays Apple Inc. about $3 billion per year, up from just $1 billion three years ago, to remain the default search engine on iOS devices, analysts at Bernstein wrote in research note Monday.

Bernstein’s researcher Toni Sacconaghi pointed to court documents that confirmed that Google paid Apple $1 billion in 2014 as part of an agreement to offer Apple a cut of what Google makes on iPhone and iPad users. “Given that Google payments are nearly all profit for Apple, Google alone may account for 5% of Apple’s total operating profits this year, and may account for 25% of total company OP growth over the last two years,” wrote the Bernstein analyst.

Although $3 billion is a hefty sum, Apple’s market share in the mobile and tablet industries makes the payment worth every cent. Both parties are winning with this deal.

Apple’s service business, is expected  to grow on its own to reach the size of a Fortune 500 company and make up as much as 13% of total revenue in 2017. After digging into the filings and extrapolating for the tech firms’ growth since 2014, Bernstein suggests that Google’s licensing revenue is the largest or second-largest contributor to Apple’s service business growth.

On Sunday, I Know First published an article pointing out the strengths of Apple’s service business. Read it here. 

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: Services Segment Increases Mightily

Apple Stock News

For the latest Apple Stock News, AAPL closed at $157.48 per share on August 11th, 2017. It generated a return of 1.39% from its previous close on August 10th, 2017, when it closed at $155.32 per share.
apple stock news

It is known that Apple’s main source of revenue is the sale of hardware (iPhones, Macs, etc..). However an analysis in the last earning reports revealed that Apple’s service business has increased for 5 years in a row. The service segment accounts for a sixth of Apple’s total revenue. Services are now second only to iPhone sales in with $7.3 billion for Q3 2017. Mac sales come at third place with $5.6 billion for the quarter.

Apple’s CEO Tim Cook said in 2015 that the company expects to double by 2020. That goal appears to be accomplished by early 2019, which comes as great news.

Apple’s main service programs are: iTunes, App Store, Apple Music, Apple Pay and iCloud. Unfortunately, the report would not reveal how much each program brings in nor which specific service is the most profitable. But as Apple investors wait for the company to dream up the next hit gadget, they can rely on a steady stream of business from the company’s services.

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: iPhone 8’s release could make Apple a $1 trillion company

Apple Stock News

For the latest Apple Stock News, AAPL closed at $156.39 per share on August 4th, 2017. It generated a return of 0.53% from its previous close on August 3rd, 2017, when it closed at $155.57 per share.

This week, Apple released an earnings report that was surprisingly positive. For that reason the shares spiked. In addition, the weekly “leaks” about the upcoming iPhone are so impressive that investors are happily buying shares, expecting a massive stock appreciation.

It has been a while since Apple became the most valuable company in the world. With this week’s jump its market cap is now over $800 billion. Analysts and investors believe that if Apple has a great fourth quarter, its possible that they could increase their market cap to $1 trillion.

The most obvious factor for such a milestone to be reached is for Apple’s iPhone 8 to be a blockbuster. It is no secret that their cellphone segment is their biggest of all.

Another key factor is to make the iPhone a “hub”. With so many new products like the HomePod and the Apple Watch, they should find a way to make the iPhone the controlling force of every apple product. It forces customers to be immersed in iOS, never thinking of buying a Samsung cellphone or any non-apple product for that matter.

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: Reflecting on Q3 2017

Apple Stock News

For the latest Apple Stock News, AAPL closed at $159.34 per share on, August 2nd, 2017. It generated a return of 6.23% from its previous close on August 1st, 2017, when it closed at $150.00 per share.

apple stock news

Apple opened the current trading day at a record high to push its market capitalization to over $830 billion, on the back of an explosive fiscal third quarter quarterly report. APPL was able to beat expectations and estimates concerning both top-line revenue (expected to be $44.89 billion while the company returned $45.4 billion) and bottom-line earnings (expected to be $1.57 per share while the company returned $1.67 per share, or $8.7 billion). Additionally, what is arguably the most mind-boggling data point in this quarter’s report is Apple’s cash balance of $261.5 billion. Suffice it to say Apple continues to solidify its spot as the largest and most valuable company on the planet (by market cap).

Low expectations were set out for Apple from the beginning, as rumours of a “lame-duck” quarter – whereby – were floated in anticipation of the much-awaited iPhone 8 release date in September. The major concerns facing the company are its related ability to create new products and the point (if any exists) at which existing product lines will decline in value or demand; for example, the iPhone 8 represents a new instalment of the now 10-year-old smartphone. This latter issue is the major question filling the heads of financial market participants and existing and potential Apple customers regarding the iPhone 8. Will the new modifications to the product really be worth the approximate $1,100 price tag? Will the phone be radically different to justify this cash outlay?

In addition to the recent narrow focus on the iPhone product line, iPad sales were also very impressive with 15% growth fo 11.4 million, whereas expectations sat more closely to 9 million. Products aside, Apple’s services business segment also generated strong growth of 22% to $7.3 billion in sales; an all-time quarterly high for the company. These landmark, easily-recognisable, and unmatched Apple stores now represent a $27.8 billion business for the company.

All things considered, it is absolutely a positive sign to see that the tech giant that is Apple is still able to beat expectations and deliver strong and reaffirming performance. As a 41-year-old company with a relatively fixed number of products to date, there have been concerns surrounding the future of Apple and the possibility of its ultimate decline or demise. Numbers like these, however, tell a different story.

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 Prediction Based on Algorithmic Trading: Returns up to 45.45% in 1 Year

Apple Stock Prediction

The Computer Industry Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:

  • Top 10 Computer Industry stocks for the long position
  • Top 10 Computer Industry stocks for the short position

Computer Industry
Package Name: Computer Industry Stocks
Recommended Positions: Long
Forecast Length: 1 Year (07/31/2016 – 07/31/2017)
I Know First Average: 49.82%
apple stock prediction

This Computer Industry Stocks Package forecast had correctly predicted 10 out of 10 stock movements. The top performing prediction from this package was INVE with a return of 162.05%. MU, and ADBE had notable returns of 104.66% and 49.69%. AAPL had a return of 45.45%. The package’s overall average return was 49.82%, providing investors with a 36.17% premium over the S&P 500’s return of 13.65% during the same period.

Identiv, Inc. (INVE) develops and manufactures physical access control, identity management, and radio frequency identification systems. The Company’s products are used in corporate employee identification (ID) cards, company email, information technology networks and facility access control, in national ID cards and passports, transport passes, banking and other uses.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

Apple Stock News: All Eyes Are On Next Fall

Apple Stock News

For the latest Apple Stock News, AAPL closed at $148.85 per share on, July 31st, 2017. It closed at a loss of 0.5% from its previous close on July 28th, 2017, when it closed at $149.50 per share.

Apple Stock News

Apple Inc. is scheduled to release Q3 earnings this afternoon after the closing bell.

To be precise, the company is expected to report adjusted earnings of $1.57 per share and  revenues of $44.89 billion in the June quarter, according to analysts surveyed by Thomson Reuters. That’s a 10.7% jump in EPS and a 6% jump in revenue from this time last year.

However, at this point no matter what the performance for this spring was, investors will give it a pass as all eyes are on next quarter. Some analysts have gone as far as saying that they want to get this quarter over with and it makes sense as we are at the end of a product cycle. With the iPhone8 launch just around the corner and a lot of people waiting to upgrade their iPhone6, one of Apple’s best sellers, next quarter guidance seems much more relevant than anything the company has done so far this year.

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 Prediction Based on AI: Returns up to 162.05% in 1 Year

Apple Stock Prediction

The Computer Industry Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:

  • Top 10 Computer Industry stocks for the long position
  • Top 10 Computer Industry stocks for the short position

Computer Industry
Package Name: Computer Industry Stocks
Recommended Positions: Long
Forecast Length: 1 Year (07/31/2016 – 07/31/2017)
I Know First Average: 49.82%
Apple Stock Prediction

This Computer Industry Stocks Package forecast had correctly predicted 10 out of 10 stock movements. The top performing prediction from this package was INVE with a return of 162.05%. MU, and ADBE had notable returns of 104.66% and 49.69%. The package’s overall average return was 49.82%, providing investors with a 36.17% premium over the S&P 500’s return of 13.65% during the same period.

Identiv, Inc. (INVE) develops and manufactures physical access control, identity management, and radio frequency identification systems. The Company’s products are used in corporate employee identification (ID) cards, company email, information technology networks and facility access control, in national ID cards and passports, transport passes, banking and other uses.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.