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AAPL

Apple | Fundamental Analysis + NEXT TARGETApple has long been regarded as the company that Wall Street despises. Sure, there are many fans of the iPhone maker, but as soon as any unfavorable factors emerge, analysts scatter, with everyone predicting that Apple has reached the end of its growth phase and that its glory days are over. Until the next earnings report, when so-called surprises about how solid its business is unavoidable. For example, iPhone sales fell 8.1 percent to $65.8 billion in fiscal Q1, and Apple's overall revenue growth was the slowest since 2016, and many believe the tech titan's future is bleak. So, where do you see Apple in a few years? Will it, as its critics claim, give up, or will it be able to overcome obstacles and maintain its long-term growth trajectory? Most people still place themselves in the latter category, and here's why. Apple's earnings report was, admittedly, a little disappointing, but not entirely unexpected. Given the consumer electronics giant's supply chain constraints, iPhone sales, for example, may be considered better than they should have been. Due to plant closures in major Chinese cities, Foxconn, Apple's largest iPhone assembler, was under severe pressure, with employees forced to sleep in the factory due to travel restrictions. However, once China lifted the restrictions, Foxconn quickly resumed much of its production, and its January revenue reached a record $22 billion. iPhone sales were likely only pushed back for the March quarter, and production increased again, with CEO Tim Cook telling analysts that production "is where we want it to be right now." While Mac revenues fell sharply in the first quarter, as did wearable device sales, iPad sales increased sharply, indicating that there does not appear to be a widespread consumer demand problem. The main issue is supply, which has, for the most part, stabilized. Despite its problems, Apple was still growing in relation to the industry as a whole, gaining market share while the industry, including the iPhone industry, was shrinking. According to Gartner analysts, the decline in PC sales outweighed the decline in Mac shipments by a factor of two. In fact, it was "the steepest annual drop in shipments in Gartner's PC tracking history." Mac shipments were down 10% during that time period, but Asus was the best PC manufacturer, with shipments down 19%. Apple was the only manufacturer to see growth in 2022. Apple's market share increased from 8.6% to 10.7%. In wearable devices, Apple has a significant advantage over its competitors, with more than twice the market share of its closest competitor. Apple Watch has a 26% market share, while Samsung has a 12% share. Apple's installed base now exceeds 2 billion active devices, more than doubling from seven years ago. In terms of Apple's future, it's worth noting that services revenue for the quarter reached a record high of nearly $21 billion. This division includes the App Store, Apple Pay, and a variety of subscription services like iCloud, Apple TV+, and Apple Music. Last year was a record year for the App Store, with subscriptions increasing 21% to 900 million from 745 million the previous year. And, while service revenue growth slowed to 14% in 2022 from 27% in 2021, that period was part of Apple's and other companies' pandemic boom. Like the supply chain situation, this is simply a return to the mean. Although Apple stock has recovered 22% from its late-December lows, it is still 15% below its August highs. While this implies that Apple was a better buy in early 2023 than it is today, the tech company's stock is still a great business to own – with plenty of growth ahead, whether in three or ten years.
NASDAQ:AAPLLong
by FOREXN1
3
Apple -> New All Time Highs ComingHello Traders, welcome to this free and educational multi-timeframe technical analysis . Over the past couple of weeks Apple stock had a quite nice pump towards the upside, again rejecting a massive weekly previous support zone , so this recent rally was definitely not unexpected. Currently we are quite overextended towards the upside and also retesting a resistance zone ; therefore I do expect a short term retracement but then the longer term continuation towards the upside. From a daily timeframe I am now just waiting for a retest of the next support area from which we could then definitely see the next impulse towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
49
Possible Short for Apple $AAPLNASDAQ:AAPL Taking a look at a possible short/put play here on Apple This is only a valid trade if we can get a candle close below 149.71 If that happens you can set a tight stop above the previous resistance and from there trace the fib levels down where you can also see a gap fill down around 147 Now $AAPL did close above that resistance so this is not an active trade until that 149.71 breaks. could never happen but either way wanted to share how I'm looking at it given we could be in for a volatile week ahead! Good luck out there traders
NASDAQ:AAPLShort
by MindsetTrad3r
CVS rally or bust!$CVS soars after beating the earnings estimates and got upgrader by few analyst. but the upgrade and good earnings didnt really help to extend it rally this morning. due to the overall market pulling back, making the CVS conolidate and entering a squeeze. $CVS average price move per day is about $1.20 to $2.00+ depending on the market volatility. here's my key level price im looking for entries: Buy call above 90.64 and sell at 91.30+ Buy puts below 89.30 and sell at 88.67 or below make sure to set alerts on those key level so you wont miss the move. and always to take your profits as you see one.
NYSE:CVSShort
by CHRIS_B58
AAPL Limited upside short term? Apple will have its day at new highs and that's what long term investors need. For those of us that are looking to make short term money, I'd say that it looks like aapl wants to test that 61.8% near 160 before starting a deeper decline. There's still a lot of bears out there evidenced by the options open interest through March so this will take a while if it happens at all. I'm looking for a target between 113-110 and am willing to wait a year for it to hit.
NASDAQ:AAPL
by bitdoctor
bearish on aaple short termwe are still not out of inflation, feds have predicted that this year will turn and we will be at a reasonable point, but we aren't there yet. that causes consumers to be on the savings side rather than buying for now. apple has a huge following, understood, but coming out with higher end phones at higher prices doesn't seem to make the most sense in the situation. people are getting less features for a higher price, with a better camera sure... i know im going to be ridiculed for being a green bubble on their phones but at least for the short term, doesn't seem like they have many "innovative" ideas that aren't already in other phones on the market. this is just my two cents. we're getting into folding screens, Samsung has DeX which allows users to have a desktop environment when plugged into a tv or monitor, or stream it over the air... i will say, the processors that apple have been dishing out have been nothing but extraordinary, and the universal chips through iphone/ipad/macbook make the absolute most sense since they can massively cut down on cost and waste. all while on good silicon and providing very good battery life (as long as software doesnt bog it down) short term... looking down, but i've always respected apple to keep in line with their audience and probably release some good numbers in the quarter coming with the M2 pro chip coming out
NASDAQ:AAPLShort
by kamoda112
4