Apple Forecasts based on a Predictive Algorithm
“If you don’t have a competitive advantage, don’t compete” -Jack Welch (Source: Samsung) Last week, Samsung, Apple’s biggest competitor, unveiled the brand new Galaxy Note
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For the latest Apple Stock News, AAPL closed at $154.48 per share on October 3rd, 2017. Its share price increased 0.44% from its previous close on October 2nd, 2017, when it closed at $153.81 per share.
Apple is basically the only company making money from smartphones at this point. Every quarter, Canaccord Genuity analyst Michael Walkley takes a look at the state of profits of smartphone companies. Apple’s record-breaking holiday quarter, which brought in $18 billion in earnings, allowed the company to capture 93 percent of the profit in the handset industry. Besides Samsung, nobody else in the market is making any money, with BlackBerry, Lenovo, Sony, and HTC all lucky to break even.
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.
