As Always Apple Tops Expectations and Stays Different – WWDC 2018

“You want to be the pebble in the pond that creates the ripple for change”

– Timothy d. Cook, Chief Executive Officer of Apple Inc.

[Image Source: T3.com]

As a follow up to last week’s article, Apple’s Worldwide Developers Conference (WWDC) kicked off on June 4, 2018 and many of the highlights that were to expect took place in the event.

The yearly event was entirely software-based this year, despite early expectations to see more hardware-related announcements. The event included all of the latest updates to Apple’s platforms- iOS, macOS, watchOS, and tvOS, along with some improvements to Siri and bigger plans focused on strengthening privacy and security and reducing technology addiction. These enhancements to Apple’s platforms were designed to optimize the overall Apple user experience.

So… What’s NEW?

[Image Source: cultofmac.com]

Craig Federighi, Apple’s senior vice president of Software Engineering, explained over and over how iOS 12 is all about making things faster and more reliable for new and older devices like the iPhone 6 Plus, which would see apps open up to 40% faster and the camera would launch up to 70% quicker. This is the ‘No iPhone Left Behind’ update with every device capable of running iOS 11 being ready to run iOS 12 when it arrives. In addition, the iOS 12 will also include a new feature called Group FaceTime. The video chat service that right now only connects pairs of people will enable up to 32 to chat online together. The change is significant and useful for friends jumping online together, family member chatting and business meetings with distant coworkers.

This inclusivity did not include Apple Watch users who have the first-generation watches launched in April, 2015 and were still available for porches 20 months ago. The WatchOS 5 capabilities go from competitive Activity Rings to enhanced web page interaction.It is part of Apple’s goal towards a solid, reliable experience with minimal bugs and no battery-throttling or hidden activities scandals bubbling up. Apple was reasonably upfront that it couldn’t deliver the experience it wanted with the first Watch’s hardware.

With Emphasis on privacy was paramount, Apple discussed how it was building on the features from last year which prevented cross-site tracking, to make adverts follow you around less.

The new MacOS software goes further. It will be possible not to be tracked on sites where there are Like or Share buttons from social networks. Intelligent Tracking Prevention, helps block social media ‘Like’ or ‘Share’ buttons and comment widgets from tracking users without permission.

The new tvOS 12 aerial screensaver features on Apple TV 4K, includes aerials shot from space by NASA astronauts aboard the International Space Station.

Siri update includes making suggestions based on the things the user does regularly, like ordering a soy latte from Starbucks every morning or ordering sushi on Sundays.

 

[Image Source: zdnet.com]

Apple also announced a new Shortcuts app as part of iOS 12 that lets the users tie together multiple steps into a single Siri request. Another new feature called Shortcuts works with third-party apps. For example, the phrase “Siri, I lost my keys” can pull up the Tile app, showing you where you left them. Shortcuts also work on the HomePod and Apple Watch if that’s where you talk to Siri.

Apple’s latest software-based updates satisfy expectations and follow with an increase of 3.2% in AAPL stock in past 5 days. Stock price jumped from $189.98 to $193.51 per share since WWDC 2018 event.

[Image Source: Yahoo Finance]

Following the above, APPL stock grows every year with WWDC announcements. With Apple’s new and improved software, AAPL stock is expected to continue growing in the long-term estimation, as long as it remains updated and innovative.

Apple Stock Forecast Based on Data Mining: Returns up to 51.01% in 1 Year

Apple Stock Forecast

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 (08/02/2016 – 08/02/2017)
I Know First Average: 46.58%
Trend Prediction Algorithm

In this 1 Year forecast for the Computer Industry Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 stocks. The top-performing prediction in this forecast was INVE, which registered a return of 143.93%. Other notable stocks were MU and AAPL with a return of 111.14% and 51.01%. The package had an overall average return of 46.58%, providing investors with a premium of 32.45% over the S&P 500’s return of 14.13% 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 time closing high for AAPL

Apple Stock News

For the latest Apple Stock News – On Wednesday, March 15th, AAPL closed at an all time closing high of $140.46. The stock had increase of 1.06% from its previous close of $138.99, increasing by $1.47.

 

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The rise of AAPL shares, can be correlated to the recent announcement by RBC Capital’s Amit Daryanani.

Daryanani reiterated an ‘outperform’ rating on the share and raised his target price to $155 from the original $140.

On March 12, an I Know First article was written about the future of Apple and where their potential lies. With optimism surrounding the company’s services business and its potential, coupled with an expected increase on capital returns and a encouraging iPhone 8 cycle, things are looking promising.

Apple’s goal from its service business is to reach $50 billion in annual revenue. Almost doubling what it is currently. The proof is in the numbers. In the last fiscal year (ended September) services became 11% of total revenue, up from 9% the previous year. This the biggest share behind the iPhone which is at 63% of total revenue.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.