Apple Stock News: Apple Is Offering $29 Battery Replacement After Slowing Down Oldest IPhones

Apple Stock News

After facing a few lawsuits for slowing down oldest versions of iPhones, Apple is offering cheaper battery replacements for a year. The price of batteries for the affected iPhones was reduced from $79 to $29.

Moreover, Apple also published a letter of apologize for their customers. According to this letter, everything was a misunderstanding. On the message, Apple stated that it never had the intention to shorten the life of any Apple product, or degrade the user experience to drive customer upgrades.

Furthermore, Apple will issue an iOS software update in early 2018 with new features that give users more visibility into the health of their iPhone’s battery.

The $50 discount on battery replacements is already available for iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, iPhone 7, iPhone 7 Plus and iPhone SE.

On September 8th, 2017, I Know First sent to subscribers a bullish forecast for AAPL. Since then, Apple Stock increased 4.94% in accordance with the forecast.

Current I Know First subscribers received this AAPL forecast on September 8th, 2017

For the latest Apple Stock News, AAPL closed at $169.23 per share on December 29th, 2017. It generated losses of 1.08% from its previous close on December 28th, 2017, when it closed at $171.08 per share.

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

Apple Stock News: Apple, Inc. Has an Alternative Plan to Enter Emerging Markets

Apple Stock News

Apple Stock News

Low-cost smartphones have become popular in the recent years. For less than $200, consumers can purchase critically acclaimed handsets like a Motorola’s Moto G or Xiaomi’s Redmi 2.

Apple Inc. has rejected a low-cost iPhone. It discounts older models, but only by a small fraction: the iPhone 5s, at $450, is still more expensive than the average Android smartphone. This is not a problem in developed economies, where consumers are able to afford Apple’s high prices, but it limits sales in emerging market where not everyone can afford an expensive phone. Analyst have recommended the tech company to release a low-cost phone but this advices have been ignored. They want to increase the number of owners but they have an alternative strategy to do so.

Apple is expected to sell around 70 million iPhones this quarter. Most of them are new phones but some of the sales will be used phones that will go to emerging markets instead  of landfills. Firms like Gazelle, Glyde, HYLA Mobile, and Brightstar have been buying and selling used iPhones for years. Generally, phones are purchased from wireless carriers or directly from consumers in developed economies, then resold in emerging markets.

Historically, however, most consumers hold their phones even if they know they are not going to use them any more. In 2013, HYLA Mobile estimated that only 15% of consumers traded in their old smartphones when they purchased new ones, according to Bloomberg. That figure has likely risen in the last two years, and should rise significantly in the quarters to come.

New plans adopted by U.S. wireless carriers that allow for more frequent upgrades also force consumers to trade in their old handsets. Verizon will give costumers the opportunity to traded the iPhone 6s for the upcoming iPhone 7 next year.The same is true for similar plans from T-Mobile, Sprint, and AT&T.The popularity of these early upgrade programs is expected to rise in the coming months. Piper Jaffray believes more than half of U.S. iPhone owners will soon begin upgrading on an annual basis. That should mean tens of millions more used iPhones available to emerging market consumers.

Apple’s CEO Tim Cook spoke about this trend on the company’s most recent earnings call, arguing that it should provide a significant tailwind for Apple’s App Store business. He said “I would also point out that some of these upgrade programs that are in the market, they sort of began to look more like a subscription business in terms of the way they operate…we think that, in the aggregate, that they may reduce upgrade cycles…also, the iPhone that has been sold to someone else hits the price point that we’re not hitting today, largely, which could help further fuel the services revenue which we did quite well on last quarter.”

Later in the call, Cook said that used iPhones could provide tough competition for handsets powered by Alphabet’s mobile operating system:”We do like the fact that [early upgrade programs create] a market for…iPhone at a different price point…[that used iPhone is probably a] better product than [what the] customer may be currently buying, which would further help from an ecosystem point of view and that’s not to be underestimated.”


Apple Stock News: What Is Rumored About The New iPhone 6S and 6S Plus

Apple Stock News

Apple’s flagship event is set to take place on Wednesday the 9th of September. The annual fall event is one which is always eagerly anticipated as Apple tend to reveal many of its upcoming projects to the public. Many speculators are expecting a new iPhone, called iPhone 6S. Many also believe that Apple will unveil a bigger more sophisticated iPad and will reveal more details about its new and improved Apple TV projects.

Along side the iPhone 6S, Apple will also release the new 6S Plus, which will feature several upgrades to the current iPhone models. It is rumored that the new iPhones will have a Force Touch feature which works on pressure sensitivity. Meaning the iPhone will know where exactly you are pressing and how hard you are doing so. Moreover, the new phones are expected to boast a 20 megapixel rear camera that can shoot 4K videos as well as a A9 improved processor.

A rumored downside to the new phone is that the phone will be slightly thicker, approximately by one millimeter. The thicker case is likely due to new aluminum used for the shell used to help stop the bending problem some people have had with the iPhone 6.

The iPhone 6S and 6S Plus are expected to come in 16GB, 32 GB and 128 GB size variations with a price tag of $299, $399 and $499, respectively. Furthermore, a significant decrease in price for the iPhone 6  is also likely, post the announcement of the new phones.

Apple Stock Predictions: How To Trade Apple During The Rest Of The Year

Apple Stock Predictions

Apple (NASDAQ:AAPL) released the iPhone 6 and iPhone 6 Plus in September of last year. The phone had incredible sales since its release, causing the stock price to soar. From September 9th of last year, when the event took place, until July 20th, the stock price soared almost 35%. Since that time though, the stock price has crashed back to earth, falling 15% in little over a month.

apple q4 preview

With Apple confirming that its next big event will take place on September 9th once again, now is a good time to take a look at the iPhone maker. During the upcoming event, new products can be expected, such as a revamped iPhone. But Apple might also surprise customers and investors alike with an unexpected product. With Tim Cook acting as company CEO for four years now, it is possible to accurately judge the job he has done, and Apple should be a good investment choice sometime in the near future.

New iPhone To Include Improvements To iPhone 6

The biggest event during the upcoming quarter is clearly the event on September 9th, when Apple is expected to reveal a new, revamped iPhone. There will actually be two versions, just as there were last year, with the newest versions being the iPhone 6s and 6s Plus. These phones will not be fundamentally different than the previous phones, which brought larger screen sizes to iPhone users.

But the new phones will have some discernible upgrades that will improve the overall performance. The most notable upgrade will be the additional features of Force Touch and haptic feedback. This allows for user to press harder on the screen, which will cause the phone to react with haptic feedback, which feels like a tap. This will add all new options to the user interface, making use of the phone more intuitive and easier.

iPhone 6s

Some other additional features will be a new A9 processor, which is supposed to be significantly faster than the A8 processor in the iPhone 6. The front and rear cameras will be upgraded to, solving one of the main complaints about the iPhone 6, and the phone itself will have a brighter display as the company is working with a brighter OLED screen.

Besides these expected upgrades, there are also rumors that the iPhone will come in two new colors starting this fall. Reaction to this updated iPhone be a key takeaway from the upcoming event, but it is not the only thing to look out for during the event. Another update to one of the company’s products could end up having a much larger role in the stock price moving forward.

New Apple TV Will Finally Be Released

A new Apple TV has been expected for a while now. Analysts had believed the device would be included in the World Wide Developers Conference in May, but that was not the case. That shifted expectations to the upcoming event, as the company is set to take the product from being just a hobby to a key part of its product ecosystem.

But a key part of the new device will still be left out. This is the slimmed down cable streaming service, which Apple is still not yet ready to release. Negotiations with cable providers are still ongoing, but Apple is moving ahead with releasing an upgraded set top box anyways.

While the overhauled version of the Apple TV will not include a cable-streaming package, it will have plenty of new features. One of the biggest will be the redone remote, which will include motion controls much like that of the Wii Remote. This feature could open the way for the Apple TV to become the go to gaming device for casual use. This is even more likely since Apple will open the App Store on the device, allowing third-party app makers to release their own games.

Apple TV

In order to support this kind of gaming function, Apple is including the A8 processor, which is also in the iPhone 6. However, this processor will be more powerful in the Apple TV because it will use electricity instead of having to rely on battery power.

Other changes to the remote will also be included. One potential new feature on the device will be the inclusion of Siri, which users will be able to access through a voice-controlled option on the remote. Using the voice-control on the remote, users will be able to tell Siri to turn on a certain show to watch or start a certain game. This feature also has plenty of future promise related to the Apple Home features, such as turning up the air conditioning or turning off the lights connected to the Apple TV.

While the television streaming service will not be included, releasing this Apple TV could give the company leverage in future negotiations with the cable providers. The new Apple TV is expected to cost either $150 or $200, and the successful integration of this product into families’ living rooms would provide a huge boost to the company’s future prospects.

Tim Cook’s Track Record In The Face Of China Concerns

Tim Cook has now been Apple’s CEO for four years, having taken over from the legendary Steve Jobs. During the early part of his tenure, some investors were unsure whether he was right for the job, as the stock fell precipitously in 2012 and 2013. That looks rather silly now, and any potential investors concerned over whether Cook can carry on Jobs’ legacy should be placated by now.

Since Cook took over the role, the stock price is up over 90%. This is particularly impressive considering the stock pullback during the end of 2012 and beginning of 2013 and the current concerns over China. This market has proven to be a sore spot for Apple as investors are concerned about that slowing economy, which is supposed to be biggest provider of growth moving forward.

The harm that China will likely incur on Apple is this pullback, however, as Apple’s business in China is much more resilient than most people believe. The emotional reaction to the slowing market is Apple is in trouble and will sell less iPhones, but these concerns over China have been brought up over the last six years, dating back to 2010. During that same time, the company’s business in China has continued to skyrocket.

Cook has come out and said that Apple continues to experience massive growth in China through July and August. He even claimed that iPhone sales have accelerated over the last few weeks. With the middle class there expected to continue to grow, Cook is confident the iPhone will continue to be a success in that market, and the stock should bounce back as these concerns are calmed.

How To Trade Apple Stock

Having looked at the factors that will affect Apple during the rest of the year, understanding how best to trade this stock could be key. Thinking about the stock simply, one would expect just before product releases to be the best time to buy Apple stock, as the event will bring up new opportunities and increase excitement. This has proven to not be true in the past, however.

Instead, the stock tends to have an initial jump that is not sustained. While excitement for the new product is initially high, analysts tend to underestimate their appeal and the demand for the product. This was especially true for the iPhone 6, which blew away analysts’ predictions. Further, the products tend to get picked apart for their issues and reports of weak demand tend to harm the stock price.

The better time to buy Apple stock comes before earnings reports, when the company tends to blow expectations away. This was most recently seen during the fourth quarter earnings report last year, when the company sold over 71 million iPhones.

While the company is unlikely to meet that number this year, it is a safe bet it will beat expectations once again, as demand for the iPhone will always be high during the holiday season. Likewise, look for the Apple TV to beat expectations as well, as it will be a popular gift for children due to the casual gaming abilities. These gains are much stronger and resilient, offering strong returns to investors who appropriately time the buying of this stock.

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 self-learning algorithm uses artificial intelligence, 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.

I Know First has had success predicting the movement of Apple’ stock price in the past. In this one-year forecast from August 26th, 2014, Apple had a bullish signal strength of 36.42. In accordance with the algorithm’s prediction, the stock price increased 9.88% during that time.

Having explained how I Know First’s algorithm works, it is worthwhile to see if the algorithm agrees with the bullish fundamental analysis of the company. The one-month and three-month forecasts for Apple are included.


Apple has a weak, bearish signal strength for both time horizons. This indicates that the current time is not right to invest in this stock, supporting the idea that before big events is not the opportune time to invest in Apple. Instead, investors should wait until before the earnings report, when the stock’s signal strength could be much stronger.

A positive signal strength does not mean investors should automatically buy the stock. Dr. Roitman, who created the algorithm, created rules for entry for a stock such as Apple. Using this trading strategy, an investor should buy a stock if the last 5 signal strength’s average is positive and if the last closing price is above the 5-day moving average price. When both of these conditions are met, it is a good time to initiate a position in the stock.


Apple’s stock price has been hit hard by the concerns in the Chinese market, with the stock price falling almost 14.5% over recent weeks. I Know First believes that these concerns are overblown and that Apple is still an attractive stock to own moving forward. The big event in September will draw plenty of attention, but that does not mean it is the right time to buy the stock. Instead, investors should wait until before the next earnings report, when real stock gains can be realized. With a revamped iPhone and Apple TV, the company will continue to prosper over the long-term, as Cook has proven himself during his time as Apple CEO.

Apple Stock News: iPhone Projections Bullish

Apple Stock News

Recent estimates have Apple receiving 92% of all profits among the top eight smartphone makers in the mobile smartphone market during the first quarter. This is according to Canaccord Genuity managing director Mike Walkley, and is up from 65% last year due to the overwhelming success of the iPhone 6. Its share of profits is incredible considering it sells less than 20% of all smartphone units, highlighting the company’s ability to command higher prices for its superior products. Now, it appears that Apple believes it will continue to sell its iPhones at a breakneck pace.

apple stock news

The Wall Street Journal has reported that Apple is stepping up its productions plans for its newest phone, the iPhone 6s. The newest model will be an incremental update over its predecessor, much like the iPhone 4s and iPhone 5s were in the past. In the past, the tech giant has announced the updated model in early September before launching the phone later that month. Apple has reportedly told it manufacturing partners to prepare for an initial production run of 85 to 90 million phones by the end of the year, compared to an initial production plan of 70 to 80 million units for the iPhone 6 last year.

After iPhone 6 sales set new records last year and recorded a huge increase over the prior year, and because the iPhone 6s is only expected to be an incremental update, sales projections for the newer phones have been muted, with a projected increase of only 1%. The current production plans point to continued increased growth, however, as the company is expected to record 36% growth during the current fiscal year. One likely factor is China, where a large percentage of customers have an iPhone 5s or older version, leaving plenty of room for growth.