Apple Stock News: IBM Favoring Macs Over PC

Apple Stock News

For the latest Apple Stock News, AAPL closed at $116.60 on Friday, October 21st, with a 0.39% loss, or $0.46 from its previous close of $117.06 per share.

Apple stock’s decreased after news of an iPhone 7 caught on fire late last week.  Hoping not to repeat Samsung’s dilemma of recalling 1.9 million Note 7, Apple is launching an investigation.

Apple Stock News

Multinational technology company, IBM is undergoing a cost savings plan.  IBM will transition its work force to use more Mac computers than PCs.  IBM vice-president, Fletcher Previn, reveals Apple products cost less to support compared to PCs.  In a span of 4 years, a PC could cost IBM up to $535 per device compared to $270 for a Mac.  Among IBM’s 90,000 out of 604,000 laptops are Macs.  IBM found only 5% of Apple users contacting its support team, compared to 40% of PC users.  This means Apple appears to be more user friendly and IBM is forced employ a larger support team for PC users.  If IBM transitions its workforce to use more user friendly Apple products, it would reduce cost.  As a result, IBM is currently adding 1,300 Macs per week to undergo the transition.  Apple is also growing in popularity among IBM employees in mobile devices.  A majority of IBM’s mobile devices are run by iOS.  The employees preference and cost benefit for IBM using Apple products will benefit Apple’s position in increasing market share.

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 Artificial Intelligence: Return up to 30.56% in 14 Days

Apple Stock Outlook

This Computer Industry Stocks forecast is designed for investors and analysts who need stock projections for the whole Computer Industry (See Industry Package). 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

Package Name: Computer Industry Stocks
Forecast Length: 14 Days (03/14/16 – 03/28/16)
I Know First Average: 4.16%

stock projections

This forecast performed well, with 8 out of 10 top stocks increasing as predicted by the algorithm. DDD outperformed the rest of the top stocks with its phenomenal 30.56% return. STV and IBM also saw some growth this period with returns of 7.14% and 4.24%. The package returned an average of 4.16% for the 2-week period while the S&P 500 rose just 0.73%.

3D Systems Corporation (DDD) provides 3D printing products and services worldwide. The company’’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, metal, nylon, rubber, wax, and composite materials. DDD is partnering with both Under Armour and New Balance to produce athletic shoes with 3D-printed midsoles.

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

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

AAPL Stock Price Based On Algorithmic Performance: 39.73% Return In 14 Days

AAPL Stock Price

This Computer Industry Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry (See Industry Package). 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

Package Name: Computer Industry Stocks
Forecast Length: 14 Days (02/7/16 – 02/21/16)
I Know First Average: 7.33%

AAPL Stock Price

The algorithm correctly predicted all 10 stocks for the Computer Industry package on the 7-day time horizon from February 10th. The top performing stock was GUID with an outstanding return of 39.73% in just 14 days. Other outstanding stocks were TDC with 6.54%, INTU with 5.88%, STV with 3.50% and AAPL with 2.15%. The average return from this package was 7.33%, offering an advantage to investors over the S&P 500 which returned only 2.01% for the same time period.

Guidance Software, Inc. (GUID) is a company that provides digital investigative solutions in the global market. Despite a loss of revenue revealed in the 4th quarter earnings report, the company’s share prices have been boosted, potentially because of the announcement of the EnForce Risk Manager, a new data risk, privacy and protection solution.

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

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

Apple Stock News: Apple And Cisco To Partner Up

Apple Stock News

Apple and Cisco have partner up in a deal which aims to bring apple products, such as iPhones and iPads to business user.

The deal, which was announced on Monday, is aimed at interweaving Apple devices more effectively on corporate networks, where Cisco gear is widely used. Furthermore, the two also plan to jointly work on technology to help workers with iPhones and iPads, better exploit Cisco’s collaboration products, including its video- and Web-conferencing services.

 

Apple Stock News

The deal can help boost the sales of iPads which have fallen for six straight quarters. Revenue from the device has declined by 24% in the nine months ended June 27, compared with the same period a year earlier. On the other side of the spectrum, the deal would also prove beneficial to Cisco. As the supplier of networking equipment would gain more market share by teaming up with big industry players such as Apple.

The two company do have a horrid history, Cisco sued Apple for violating its trademark of the “iPhone” back in 2000 when Cisco acquired the name as it was developing its own device would have access to the internet beyond the traditional PC.

It is thought that collaborations  between Apple CEO Tim Cook and Cisco Chairman John Chambers, took approximately 10 months. Similarity to the recent partnership with IBM, Apple’s strategy is to push into the enterprise and expand the business related collaboration partnerships. However, Cook was quick to outline the difference of the two deals saying “We view our partnership and offerings as complementary to the Apple and IBM offerings. Our offerings will be yet another step in delivering on our vision for transforming how people work. We’re partnering with the leader in consumer technology with the biggest mobile platform to tackle some of the most pressing problems that businesses face today and help bring it to life.”

Regarding the current deal with Cisco Mr Cook said “It became clear to me that partnering with Cisco would yield the results that would enable us to transform work,” While Mr. Chambers  said “We are going to talk about a new generation of partnerships,”.

It is unlikely we will see any Apple-Cisco related goods come September 9th, which is the date Apple is expected to unveil its next wave of iPhones and iPads.

Apple and IBM Announce Partnership

Today, Apple and IBM announced plans for an exclusive partnership in the mobile arena.  IBM will begin selling iOS devices to its corporate customers and will also develop new applications from the ground up made specifically for the iPad and iPhone.  Additionally, IBM will provide cloud services optimized for the iOS, with capabilities such as device management, security, analytics and mobile integration.  IBM’s first apps will be tailored towards various industries, such as retail, banking, travel, transportation, and more.

On Apple’s end, the company will now provide IT departments and end-users with Apple’s award-winning 24/7 customer service, with onsite service delivered by IBM.

According to Cook, he and IBM CEO Virginia Rometty had been discussing a potential partnership for years.  They both feel that unlocking mobility in the enterprise is the best way to do this.

ibm and aapl

The press release also noted, “IBM is introducing IBM MobileFirst Supply & Management for device supply, activation and management services for iPhone and iPad.”  While this sounds really cool, it may not appeal to larger enterprises if they only run off of Apple devices.  While this strategy is clearly aimed at penetrating the middle-market with specialized apps, I am doubtful that it will become the industry standard.  Furthermore, Apple devices are now banned from most government meetings due to their poor security features, and many corporations would rather use Blackberries over iPhones due to the better security features.  It will be interesting to see what Apple and IBM, two companies with some of the deepest pockets and most expertise, can accomplish in the future now that they are working together..