Apple Forecasts based on a Predictive Algorithm
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Apple Forecasts based on a Predictive Algorithm
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.
With Apple confirming that its next big event will take place on September 9th, 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.
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.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
