Apple Stock Prediction: 53.02% Return In 1 Year

Apple Stock Prediction

Top tech stocks: This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 tech stocks for the long position
  • Top 10 tech stocks for the short position

Package Name: Industry Package – Tech Stocks
Recommended Positions: Long
Forecast Length: 1 Year (5/11/14 – 5/11/15)
I Know First Average: 25.20%

Get the “Tech Stocks” Package

Best Stocks To Invest In

How to interpret this diagram:

Algorithmic Stock Forecast: The table on the left is the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. A green box represents a positive forecast, while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance:The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “√” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating, and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algotrading. 

Please note-for trading decisions use the most recent forecast. 

Get today’s forecast and Top stock picks.

AAPL News: Apple Watch Event Indicates Clear New Strategy

AAPL News

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 Forecast: 67.58% Return In 1 Year

Apple Stock Forecast

This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry. It includes 10 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 tech stocks for the long position
  • Top 10 tech stocks for the short position

Package Name: Tech Stocks
Recommended Positions: Long
24 07 2013 10 48 51 Best Investments Based on Algorithms: 8.19% Gain in 14 DaysForecast Length: 1 Year (3/9/14 – 3/9/15)
I Know First Average: 21.14%
Get the “Top Tech Stocks” Package.

Apple Stock Forecast

 

How to interpret this diagram:

Algorithmic Stock Forecast: The table on the left is the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. A green box represents a positive forecast, while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance:The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “√” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating, and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algotrading. 

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

Apple Stock News: Morgan Stanley Raised Price Target To $160

Apple Stock News

Morgan Stanley analyst Katy Huberty has a new, extremely bullish note on Apple, where she has raised the base target price for the company from $130 to $160. She notes that Apple is the world’s most valuable technology platform, with very loyal customers willing to pay a premium for the best user experience. This being the case, its current Price to Earnings (P/E) ratio of 15 is too low, and should be closer to 18 in line with large-cap technology companies Microsoft, Google, and Facebook.

apple stock news

Huberty noted that the company’s products and services addressed user needs in 33% of their day, a figure that could increase to 75%. Apple’s strong platform becomes a cycle as users buy many devices, known as the halo effect, which attracts and locks in new users. According to Huberty, Apple could quadruple its total addressable market by 2020 to $3.4 trillion. It would do so through the wearables market, TVs, and cars.

The Apple Watch will help the company take over a greater portion of the day in the near future, including when we sleep. Meanwhile, Huberty sees the car as potentially becoming the fourth screen for consumers, after the PC/tablets, smartphones, and TVs. Apple is rumored to be developing its own car, as reports have suggested it has hired auto experts and has established a top-secret team to invest in car technologies. The auto market industry could be worth up to $1.6 billion for Apple, four times as large as the smartphone industry and eight times larger than the PC market value.

Apple Stock News: First US Company Worth $700 Billion

Apple became the first US company to have its value surpass $700 billion on Tuesday when its stock price closed at $122. It had reached that level in November, but Tuesday was the first time it closed at that level, a far more significant achievement. Exxon Mobil, the next largest company, is worth “only” $382 billion. The stock price is up 63% over the last year.

apple stock news

The stock rallied after Apple announced a partnership with First Solar on a nearly 3,000-acre solar energy farm that will funnel energy to its offices in California. The $850 million investment will help fuel up to 60,000 homes. This news comes after Apple’s record performance in the last quarter, the expansion of Apple Pay and its stores in China, and a successful bond sale last week.

CEO Tim Cook also confirmed on Tuesday that the company will announce any potential changes to stock buybacks or dividends during its April earnings call. He assured investors that he was committed to returning money to shareholders through its capital return program, adding that the company does not need as much cash as it is generating for operations. The recent news has seen Cook leave his imprint on the company, leaving little doubt about his ability to take over from founder Steve Jobs.

Apple Stock News: New Music Streaming Service Will Be Apple’s First Android App

Apple Stock News

Apple is currently working on a brand new music streaming service that will compete with Spotify. The service will include features and technology of Beats Music, which it acquired several months ago. Rumors are that the service will cost $7.99 a month, undercutting Spotify, and Apple will build a version of the app for Android, the first time it will do so.

apple stock news

While the service will continue a number of features from Beats Music, it will not be a simple rebranding. The interface will be completely redesigned by Apple, with the black and red color scheme having already been changed. The Beats Music accounts will be merged with Apple ID profiles, and the service will include a new search feature that can look through both Beats Music and iTunes’ catalog.

Apple’s intent to build its first Android app is big news. In the past, the company would discontinue the Android version of apps it acquired like it did with HopStop. Apple CEO Tim Cook said that building an app for Android would be a possibility back in 2013, if it made sense to do so. Since Android has such a large market share of the smartphone market, it makes sense for Apple to build one if it wants to build up a strong user base for the streaming app.

Apple Stock Forecast: 36.67% Return In 1 Year

Apple Stock Forecast: Best Tech Stocks

This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry. It includes 10 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

  • Top 10 tech stocks for the long position
  • Top 10 tech stocks for the short position

Package Name: Tech Stocks
Recommended Positions: Long
24 07 2013 10 48 51 Best Investments Based on Algorithms: 8.19% Gain in 14 DaysForecast Length: 1 Year (1/17/14 – 1/17/15)
I Know First Average: 21.95%
Get the “Top Tech Stocks” Package.

apple stock forecast

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 algorithmic traders.

How to interpret this diagram:

Algorithmic Stock Forecast: The table on the left is the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. A green box represents a positive forecast, while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance:The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “√” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating, and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algotrading. 

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

 .

Apple Stock News: Apple Twisted App Prices Following Currencies Variations

Apple Inc. (AAPL) changed the prices of software applications from Canada to Europe last week, in one of the company’s broadest global responses to currency fluctuations in recent years.

All major currencies have declined against the U.S. dollar in the past 12 months, with the U.S. economy on an upswing. The Canadian dollar is down about 10.1 percent since July and Jan. 9 touched its lowest level versus the U.S. dollar in 5 1/2 years. The euro has declined about 13 percent against the dollar in six months, according to data compiled by Bloomberg.

“They’re clearly reading the tea leaves, in terms of oil prices and the relative strength of the U.S. economy and weakness elsewhere, and saying the strength of the dollar is not just a transitional event,” Andrew Bartels, an analyst at Forrester Research Inc., said in an interview. “Without making these changes, Apple would be looking at a very significant impact on its revenue.”

As a result, last week Apple told developers selling apps through the App Store that it would increase prices in the European Union, Norway, Canada and Russia because of foreign exchange rates and taxes. Therefore, in Canada, entry-level prices for apps surged to $1.19 from 99 cents, and in Europe, the basic app price rose to 0.99 euro from 0.89 euro. Apple increased the price of the iPhone in Russia last month after online sales took a break for a short period when the value of the ruble dropped.

Capture d’écran 2015-01-13 à 11.37.41

Nevertheless, it is not the first time it happens to Apple. The prices of the apps are categorized in tiers, and Apple adjusts them all over the world in local currencies. In the United States, the basic price for a paid app is 99 cents. In 2012 also the company took a similar approach by increasing app prices in Europe, and last year it changed its pricing in Asia. For Canada, this is the first such instance.

What will be the effect on iPhones?

Apple’s revenue from other products may also be roiled by the strong dollar. Sales of the iPhone, the company’s largest product by revenue, may have risen to 69.3 million units in the final quarter of 2014 from 51 million a year earlier, according to an estimate by UBS AG. The net average selling price was hurt by 2.8 percent because of the strengthening U.S. dollar, according to estimates by UBS analyst Steven Milunovich, though that was probably offset by other factors including a more expensive iPhone 6 Plus..

Apple Stock News: Stock Experiences First Surge of 2015

After gaining nearly 40% in 2014, Apple’s shares dropped from nearly $112 down to almost $105 in the new year’s first week of trading, despite strong sales data and virtually nonexistent competition from its main rivals throughout the holiday quarter. However, those losses were dramatically reversed today as the company’s stock rapidly changed course, gaining back all negative ground for the year and netting a slight positive from 2015’s opening day last Friday.

apple stock news

Apple is expected to continue to make strong gains in 2015 off of strong iPhone 6 and iPhone 6 Plus sales, a revamped iPad, the new Apple Watch and Apple Pay, and revamped Mac sales. Apple Pay, which was released in November in the United States, is rumored to be launched internationally in March, starting in Canada before spreading to Europe, the Middle East, Asia, and India. A release in the beginning of the year would coincide nicely with the release of the Apple Watch, which can be used together.

The company is aggressively expanding its office space, data centers, retail stores and other facilities globally, particularly in China where Apple plans to open 25 new retail stores over the next two years. Apple recently opened a new store in Henan Province, the first in central China, bringing the number of Apple stores on the Chinese mainland to 13. Earlier this month, a report from investment banking firm UBS showed strong demand for Apple’s latest iPhone 6 and iPhone 6 plus smartphones had helped the Chinese market outsell the United States for the first time. iPhone demand saw outsized growth in China and China could constitute as much as 35 percent of shipments in the last quarter of 2014, higher than the 24% ratio of the U.S. market.

 .

Apple Stock News: The Apple Stock Pullback Explained

Apple Stock had a strong 2014 due to the release of the iPhone 6 and strong earnings reports. The stock climbed almost 50% from the beginning of the year, moving above $100 per share and achieving a market capitalization of over $700 billion, double what it was when Tim Cook took over as CEO in August of 2011. The demand for the iPhone 6 overwhelmed analysts’ and even Apple’s expectations, as the device had the best holiday season of any of the iPhones released until now. This caused the stock to climb to a peak of over $119 on November 28th, 2014.

apple stock news

A few days later, I Know First published an article on Seeking Alpha explaining what caused the stock to climb so rapidly throughout the year to that point. At the time, analysts remained very bullish on the stock, believing that its price would continue to rise. Apple had a new iPhone that was popular with consumers, and it was entering new exciting markets with Apple Pay and the Apple Watch, which is expected to be released in the next few months. These encouraging offerings caused analysts to raise their price targets and recommend buying the stock, as can be seen in the chart below showing their predictions from that time.

analysts

I Know First’s state of the art market prediction algorithm is not affected by psychological factors. Analysts often try to satisfy market expectations, often overvaluing a stock that is exciting and liked by investors. The algorithm had been bullish on Apple throughout 2014 until November 28th, when it suddenly turned bearish for the 7- and 14-day time horizons. Over that time, the stock fell 3.3% and 7.74%, respectively, in accordance with the algorithm.

In the same article, I Know First posted its current prediction for the one-month time horizon for December 2nd. At that time, Apple had a signal strength of -5.55 and a predictability indicator of 0.53. The signal strength is the predicted movement direction or trend of the stock, and is not a predicted price target or percentage. A negative signal, as Apple had in this prediction, means the algorithm predicted the stock price would decrease. In accordance with the algorithm, the stock price fell 7.66% over that time.

stock price

For such an established company with a huge market cap, Apple stock is quite volatile, making it possible for investors to make a profit off of it. Using an algorithm like I Know First’s can help investors realize when there is such an opportunity, as evidenced by how the algorithm was correctly able to predict the stock’s movement throughout 2014. With Apple entering new markets and the tech industry always changing rapidly, investors will once again have a chance to profit off the stock if they can properly realize where there are opportunities in 2015. To get the “Top Tech Stocks” package for updated algorithmic predictions on Apple and other tech companies, click here..

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