Apple Stock News: Apple and Amazon Join Forces in Lucrative New Partnership
Apple Stock Price Analysis: New Partnership With Amazon Is A Boon For Apple
Summary:
- This holiday quarter should see a notable increase in Apple’s hardware sales. Apple’s flat lining iPhone unit sales desperately needs a boost.
- Amazon recently agreed to sell Apple Watches, iPhones, and iPad tablets in its U.S. and international online stores.
- Amazon agreed to become an official Apple reseller. Amazon will delist unauthorized resellers of Apple products using its platform by January 4, 2019.
- Amazon touts more than 100 million Prime subscribers. They are all desirable potential customers for Apple products. Buying online is faster than queuing up at an Apple retail store.
- I still rate AAPL as a buy.
The $750 iPhone XR is reportedly not selling as well as expected. Based on Apple’s latest earnings report, iPhone unit sales is flat. Global sales of tablets is also shrinking. It is therefore a great relief to learn that Apple successfully persuaded Amazon (AMZN) to sell iPhones and iPads in America and other countries.
Amazon is the third-ranked vendor of tablets with its Fire Android products. It pleases me that Amazon agreed to be a direct reseller of iPads.
(Source: Statista)
Why Apple Needs Amazon
I previously harped about it many times – AAPL’s price movement is largely dictated by how many units of iPhones it sold. AAPL dipped post-earnings last November 2 because investors are scared that iPhone sales have peaked. The management’s decision to no longer report unit sales of iPhones going forward is worrisome for some investors. It was perceived as tacit admission that iPhone unit sales has really peaked. The mood now is that Apple can no longer rely on the iPhone for growth.
Apple Unveils Highly Anticipated New Line Up at October Event
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Apple Inc. Is Still The Big Bad Bull
“There Is More In The Making” (Flickr) The first company to hit a trillion dollar valuation continues to refine their strategies and will continue to
Apple Stock Forecast: AAPL May Be Headed Towards Another Record Quarter
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The Newest Apple iPhone XS Revealed In September Summit
Apple’s September Summit Take-Aways Last week, Apple kicked off their annual September event. Their main unveilings included the new Apple Watch 4 and the iPhone
Beats, NBA Audio Partnership Has A Nice Sound
Beats To Become Official Audio Partner Of NBA
By Original: Matthew Raymundo (Public Domain via WikiMedia Commons)
“This partnership with the NBA is the perfect alignment for Beats. It feels like coming home.” -Luke Wood, President of Beats By Dr. Dre
Tip Off
In my previous article, I wrote about Apple’s position and advancements in the sports realm. Included was, how a deal with the NBA would be the most fitting of any other sport. As well as, besides the deals to distribute iPads to the MLB and NHL sidelines, that Apple’s biggest strength in sports comes from the athletes being seen wearing their headphones. Several days later, it was announced that Beats would become the official headphone, home speaker, and audio partner of the National Basketball Association. This is a partnership of 2 brands that evolved into forces which emanate style and influence culture.
The Apple Doesn’t Fall Far From The Field
Apple’s position in sports & forecasted stock rise
Where Apple’s real strength is as a brand in sports
Apple bringing their iPads into the arenas
Adobe’s Photoshop to be available on next iPad and what that means for AAPL stock
I Know First predicts another bullish year for Apple stock as it successfully did the previous year
Apple has become a brand that unlike competitors, is more than just the technology you are buying, but a feeling, a vibrancy. Today, If you are out for a run or a walk, chances are you are measuring your heart rate and distance on an apple device. Simultaneously, your favorite song is playing to give you a little extra motivation, from that very same device. This is coming from the company that used to be nothing more than a computer, and can now be utilized for almost any aspect of everyday life. The tree called Apple continues to grow and shows no signs of slowing down in it’s relentless evolution. Their next branch to sprout if it hasn’t already, may very well be a solidified position in the professional sports realm.
The first thing to be aware of, is understanding how powerful of a platform the professional sports world really is. At the core, viewers consist of a passionate, loyal fanbase that tune in almost every night. To get an idea, the average viewership of the finals of the 4 major sports in the US, which are football, basketball, baseball and hockey comes out to an astounding 40 million viewers. Now that the Supreme Court just granted states the permission to once again legalize gambling on sports matches, you can expect that number to rise just like the blood pressure of a die-hard fan or gambler during a close game. What happens now is the average person who normally wouldn’t care to watch a game at 8:00 on a Tuesday night when is favorite show is on, might be watching in hopes of getting a return on his bet.
