Get started

Apple

Apple's iPhone 16 Pre-Order Struggles: A Buying Opportunity?Apple Inc. (NASDAQ: NASDAQ:AAPL ) has always been a tech behemoth, but its latest iPhone 16 launch appears to be facing some turbulence. Analysts are reporting weaker-than-expected pre-orders, with the first weekend sales estimated at around 37 million units, a 12.7% dip compared to last year. But could this moment of weakness actually present an opportunity for investors? Let's dive into the technical and fundamental aspects of Apple's current standing. Weak iPhone 16 Pre-Orders and AI Lag The most significant concern surrounding Apple’s recent performance stems from the iPhone 16’s pre-orders. Analysts, including Ming-Chi Kuo from TF International Securities, project a 12.7% decline in pre-orders compared to last year, underscoring a drop in demand for Apple’s latest flagship device. This decline in demand is primarily attributed to Apple’s sluggish pace in the artificial intelligence (AI) race. While AI innovation has taken center stage in tech, Apple has yet to make significant strides in this area. The lack of AI features in the iPhone 16 has left many potential buyers underwhelmed, especially in China, where local competitors like Huawei are ahead in integrating cutting-edge AI into their devices. In fact, Apple has been knocked out of the top five smartphone sellers in China for the first time—a sobering signal of the challenges ahead. The AI sector is rapidly expanding, and Apple’s reliance on OpenAI’s technology for AI features in its iPhones is becoming a liability, especially given the Chinese government’s stringent policies against foreign AI technologies. If Apple does not address this gap soon, its position in the global smartphone market could face more significant challenges. Despite these obstacles, Apple is not out of the race. The company has a history of overcoming setbacks and bouncing back stronger. Apple's short-term hurdles might be part of a larger, strategic approach. Many analysts speculate that Apple could be holding back major feature releases for the holiday season, a time when consumer spending surges. If enhanced AI capabilities are introduced in the coming months, especially in tandem with the shopping season, Apple could see a significant boost in sales. Moreover, Apple’s foray into health tech with the new FDA-approved sleep apnea detection feature for the Apple Watch Series 10 shows that the company is still innovating in other areas. This feature could be a game-changer for millions of people with undiagnosed sleep disorders, opening up a new market segment for Apple’s wearables. Technical Analysis: AAPL’s 3% Decline and Key Support Zones Now, turning to the technical aspect, NASDAQ:AAPL stock is down 3% during Monday’s trading session, marking a pullback from its recent highs. While this decline has raised eyebrows, it’s important to note that Apple’s stock has been in a continuous uptrend since June 2019, showing incredible resilience over the years. The stock's recent decline is partly due to lower-than-expected iPhone 16 pre-orders and broader concerns over its lag in AI innovation. However, NASDAQ:AAPL stock has formed a major support zone at the $125 pivot level. This zone correlates with the consolidation area observed on November 30, 2023, marking a potential bounce point for the stock. The stock’s Relative Strength Index (RSI) is hovering around the mid-50s, suggesting that while the stock isn’t oversold, it’s approaching levels that could attract buyers. Additionally, NASDAQ:AAPL is still trading above several key moving averages, offering further support for a potential reversal. Investors looking for a technical entry point might find this level particularly attractive, especially if the stock can hold the $125 support level and begin to rally. Why Apple Stock May Still Be a Buy Despite weaker pre-orders and concerns about AI innovation, there are several reasons why NASDAQ:AAPL remains a compelling buy at this stage: 1. Strategic Timing: Apple often introduces new features and technologies closer to the holiday season. It’s plausible that the company is withholding some of its most compelling AI advancements for the peak shopping months in November and December. 2. AI Potential: While Apple may currently lag in AI, its history of integrating groundbreaking features into its ecosystem should not be overlooked. If Apple rolls out significant AI updates within the next 12-18 months, it could trigger a renewed interest in its product line and drive stock price appreciation. 3. Long-Term Growth: Apple’s stock has demonstrated long-term growth and resilience, bouncing back from setbacks in the past. Its ability to navigate challenges in China, coupled with a potential holiday-season boost, positions NASDAQ:AAPL for a recovery in 2024. 4. Health Tech Advancements: The FDA’s recent approval of Apple’s sleep apnea detection feature for the Apple Watch further strengthens its position in the health tech market, which could open up a lucrative revenue stream. With 30 million Americans affected by sleep apnea, this feature could see widespread adoption, boosting sales of the Apple Watch Series 10 and Ultra 2 models. Final Thoughts Apple's current dip, driven by weaker iPhone 16 pre-orders and a lack of AI innovation, may present a buying opportunity for long-term investors. While the stock is facing short-term headwinds, its strong fundamentals, history of innovation, and potential AI advancements in the coming months could set the stage for a strong rebound. Investors should closely monitor Apple’s performance in the upcoming holiday season, as this could be a critical period for the company to regain momentum. For now, the $125 support level may provide an ideal entry point for those looking to capitalize on any future upside. As always, it's important to stay informed on new developments and keep an eye on Apple’s evolving strategies, particularly in AI and health tech.
NASDAQ:AAPL
by DEXWireNews
2
Apple Bets on iPhone 16 to Catch Up in AI Race. What's at Stake?Tech heavyweight carries a valuation of $3.4 trillion, making it the world’s most expensive company (on most days, thanks to volatility). But the consumer giant may be running out of ideas — its latest product event “It’s Glowtime” was a spectacle of colors, flashy lights, great camera work and editing. But the crowd went … mild. Apple (ticker: AAPL ) unveiled the latest model of its flagship product, the iPhone 16, at its product launch event “It’s Glowtime” on Monday. This wonder of technology, which changed how the world communicates (and sends memes), is now in its most advanced form flexing some solid AI muscle. The iPhone 16 is a bet on artificial intelligence — the Cupertino, California-based company is putting its hopes on the buzzy AI trend in an effort to convince users to dump their old non-AI phone for the first Apple smartphone built for AI. Chief Executive Tim Cook praised the new device, saying this latest model is designed “from the ground up” powered by Apple’s new AI software, Apple Intelligence . Users can get their hands on the iPhone 16 starting September 20 — just in time for the fourth quarter to show how big of a demand there is for this new device, starting at $799. The product launch event, streamed live on YouTube to more than 2.5 million viewers, didn’t lift Apple shares one bit. In fact, the stock was moving sideways to the downside before it recouped the 1.9% intraday loss and closed hugging the flatline at $220.91 a share. It wasn't a great day for the broader stock market , to be fair. So why the muted response from Wall Street and the investing crowds on Reddit’s messaging boards? There was merely anything new to surprise markets — most of the announcements were already old news, priced in and well baked in. What matters now is how well the iPhone 16 sells to the masses. The three months to December are generally strong selling time spans for the iPhone as more people are willing to shell out on smartphones for Christmas. But that could very well be the initial marketing spike followed by fizzled out revenue growth. That’s where Apple’s future hinges on its ability to keep cutting edge and think different . Backed by the power of AI, Wall Street will be looking for a boost to iPhone sales, which have been losing momentum in recent quarters. Now with the Apple Intelligence software jammed into the latest operating system, iOS 18, Apple is looking to compete for a market share in the burgeoning space for AI smartphones. The tech giant is not too worried about getting left behind. Its iPhone flaunts a loyal customer base, which generates about half of all company revenue. For the most-recent quarter, iPhone sales pulled in $39.3 billion from total sales of $85.5 billion. But in practice, Apple is already late to the party. Other mainstays in the upper echelon of tech have rolled out AI phones. Google launched its AI smartphone, Pixel 8, back in October. Samsung, Apple's international archrival running on Android, introduced the Samsung S24 in January, flexing powerful AI capabilities. Perhaps the biggest news at yesterday’s event was Apple’s foray into healthcare. A new use case has been discovered for the AirPods: they’ll be taking on the role of hearing aids, which makes the $250 Pro model a cheap product in the market for hearing aids. Other product releases, other than the iPhone 16, include the Apple Watch Series 10 with an updated design, and the Apple Watch Ultra 2 in a new color (looks like the Ultra team had an ultra easy job this year.) So, with that said, what makes you want to invest in Apple? Or maybe trade it? Is it the bright outlook in the AI smartphone race? Or the company’s search for innovation in healthcare? Share your thoughts below!
NASDAQ:AAPL
by TradingView
8
APPLE: Buy lower if this level breaks. Next target = 260.Apple is neutral on its 1D technical outlook (RSI = 45.352, MACD = -0.130, ADX = 33.865) as it is consolidating around the 1D MA50. The trend is a bearish one, correcting under LH and until they break, it will remain bearish. Much like the Channel Down corrections of 2023 and 2024, failure to cross above the top of the bearish pattern, should extend the selling to the 1D MA100 again, even the 1D MA200 if it fails. The 1D RSI of the prior tw fractals indicates that two main LH should be formed before the price recovers. This shows that we should take our time with AAPL and if the 1.5 Fib level breaks, buy on the 1D MA100 and the 1D MA200 for the long term. TP = 260.00 (the 2.5 Fibonacci level). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AAPL
by InvestingScope
Apple’s iPhone 16 Launch: Post-Event Pullback?Looking at the weekly chart (1W) of Apple (AAPL) with the vertical lines marking the dates of iPhone launch events, we can attempt to identify a more consistent pattern around these events. Key Observations: Pre-Launch Price Rally: In nearly all the iPhone launch events, we observe a notable pre-event rally. This suggests that investors tend to buy Apple stock in anticipation of the product reveal, leading to upward momentum in the weeks leading up to the launch. Magnitude of Rally: In many cases, the stock gains significant value leading up to the event, as investors and traders speculate on the success of the new product. Post-Launch Behavior: Short-Term Pullbacks: A clear pattern emerges where, immediately after the event, Apple's stock often experiences a pullback or consolidation. This appears to be a classic "sell the news" reaction, where investors who had bought the stock in anticipation of the event sell to lock in profits. For example, following the iPhone 12 and iPhone 13 launches, we saw short-term pullbacks lasting a few weeks. Long-Term Trend Continuation: Despite the short-term corrections, the long-term trajectory of AAPL tends to remain upward. After most iPhone launches, even if there is a post-event pullback, the stock eventually resumes its upward trend. This long-term bullish trend suggests that Apple’s underlying business remains strong, supported by sustained iPhone sales and other product lines. More Defined Patterns: Pre-Launch Rally: Across most launches (iPhone 6, 7, X, and 12 in particular), the stock rallies leading up to the event by 10-15% on average. This suggests a strong investor confidence buildup before the actual product reveal. Post-Event Decline: In many instances (notably the iPhone 6s, 7, and 12), there is a consistent 5-10% decline after the launch. This sell-off usually lasts a few weeks to a couple of months, after which the stock resumes its longer-term upward trajectory. Current iPhone 16 Presentation (Today): Pre-Event Setup: Currently, AAPL has shown some weakness in the weeks leading up to the iPhone 16 presentation. The stock has pulled back slightly, breaking the pattern of a strong pre-launch rally seen in previous years. Technical Indicators: The MACD is showing some bearish momentum, which suggests that the stock might be due for a further pullback post-launch, consistent with the historical pattern of profit-taking after these events. Potential Short-Term and Long-Term Strategy: Short-Term: Given the clear pattern of a post-event pullback, traders might anticipate a brief decline following today’s iPhone 16 presentation. This would align with the past pattern where Apple stock typically declines by 5-10% after the launch. Long-Term: Despite short-term volatility, Apple’s long-term uptrend has remained intact. Investors who are more focused on the long-term may consider any post-launch correction as a buying opportunity, as AAPL tends to resume its upward trend within a few weeks to months after these events. Conclusion: The most consistent pattern around Apple’s iPhone launch events is a pre-launch rally followed by a post-launch pullback. This sell-the-news behavior often creates a short-term decline, but Apple’s long-term growth trajectory remains strong. For today’s iPhone 16 presentation, based on historical data, we may see a similar short-term correction, but long-term investors could view this as an opportunity to add to their positions.
NASDAQ:AAPL
by alfredomares2019
APPLE Set To Fall! SELL! My dear subscribers, This is my opinion on the APPLE next move: The instrument tests an important psychological level 228.86 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 219.98 My Stop Loss - 233.40 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLShort
by AnabelSignals
2
Apple - Still Outperforming Everything!Apple ( NASDAQ:AAPL ) is stronger than 99% of stocks: Click chart above to see the detailed analysis👆🏻 Despite the recent stock market weakness, Apple is trading at new all time highs. This clearly indicates that buyers don't let this stock down but are rather buying every dip. Even though Apple is retesting a channel resistance, a breakout followed by a rally is definitely possible. Levels to watch: $230, $280 Keep your long term vision, Philip (BasicTrading)
NASDAQ:AAPLLong
by basictradingtv
Apple is a great buy once it exceeds 240! The stock experienced an extended period of consolidation, during which it formed several bullish chart patterns, including the Double Bottom and Rounding Bottom. After the price broke above the neckline of the Rounding Bottom, the stock surged to reach an all-time high close to the 237 level. Since then, it has retraced nearly 17%-18%, returned to its support level. Now, with a robust rebound underway, the stock is approaching its resistance zone, and there are strong expectations for a significant breakout. The optimal buying opportunity lies just above the 240 level.
NASDAQ:AAPLLong
by NaranjCapital
25
Apple (AAPL): Swing Entry on the HorizonLast time, we narrowly missed the entry on Apple by just a few dollars, and after that miss, the stock no longer presented a compelling opportunity, so we decided to wait. However, after observing from the sidelines for a few months, it seems that another chance to secure a profitable swing entry might be approaching. To increase our confidence in this potential opportunity and secure a better entry point, we need to closely monitor further movements from this tech giant. The current price action strongly suggests that a flat pattern might be forming following the recent drop. If this flat pattern does materialize, it could manifest as either a regular flat or an expanded flat, and this will be crucial in determining our entry target zone. At this stage, the area between $200 and $180 seems the most probable and attractive for a potential entry. Given the broader market trends and Apple’s recent performance, this zone could offer a favorable risk-reward ratio. We’ll be watching for any developments that confirm this pattern and provide a clearer signal for entry. Stay tuned for further updates as we refine our strategy and prepare for a possible move on Apple.
NASDAQ:AAPLLong
by freeguy_by_wmc
Apple: Near the summitApple should be on the last meters of the turquoise wave B. As soon as the high is established, we expect a final sell-off. For the end of the corrective movement, we have added a magenta-colored Target Zone (between $192.02 and $172.34) to the chart. Investors could establish long positions there, with stops placed around 1% below the lower edge. With the low in place, we expect a rise above the resistance at $254.30. Should this level be broken earlier, our alternative scenario (34%) will come into play. This wave count sees the last local low as the low of the magenta wave alt.(2).
NASDAQ:AAPL
by MarketIntel
APPLE The Target Is DOWN! SELL! My dear subscribers, APPLE looks like it will make a good move, and here are the details: The market is trading on 226.81 pivot level. Bias - Bearish My Stop Loss - 232.38 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 217.95 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLShort
by AnabelSignals
1
AAPL / APPLE🔍 AAPL Analysis: Key Dates for Market Movements 📈 The AAPL chart highlights two critical dates that could shape your trading strategy: October 7, 2024 - Red Line: This date marks a potential local peak. It might be an opportune moment to take profits as the stock could face resistance or enter a short-term correction. August 25, 2025 - Green Line: A significant local low is expected around this time. This could present an ideal opportunity to accumulate AAPL shares, positioning yourself for the next major upward move. By strategically planning around these dates, you can optimize your trading decisions and maximize returns. #AAPL #StockMarket #MarketTiming #InvestmentStrategy #AppleStock
NASDAQ:AAPLShort
by trushkovskiy
NASDAQ-100. A POTENTIAL SYMMETRY PERHAPS IS THE NEXT BIG THINGPolicymakers at the U.S. central bank on Wednesday held interest rates steady, although Fed Chair Jerome Powell gave investors some hope by signaling a September rate cut could be on the table. A Day later stocks heavily sold off Thursday (again), with the Dow Jones Industrial Average (DJIA) tumbling nearly 500 points, as investors’ fears over a recession surfaced. Some fresh data stoked fears over a possible recession and the notion that the Federal Reserve could be too late to start cutting interest rates. Initial jobless claims rose the most since August 2023. And the ISM manufacturing index, a barometer of factory activity in the U.S., came in at 46.8%, worse than expected and a signal of economic contraction. After these releases, the 10-year Treasury yield dropped below 4% for the first time since February. These weak data releases come a day after central bank policymakers chose to keep rates at the highest levels in two decades, when Fed Chair Jerome Powell gave investors some hope by signaling a September rate cut could be on the table. Labor situations is on the radars also, as fresh unemployment data expected on Friday, August 2. The Federal Reserve risks further weakening the US economy and tanking US stock markets. As the unemployment rate has risen in recent months, it has fueled speculation that the strong labor market is cracking and pointing to potential trouble ahead, with full-time employment in the US declining by about 1.23 million jobs over the past 12 months, and part-time employment adding about 1.52 million jobs (May'24 data). While much of the attention of financial analysts in June and July 2024 was focused on the Fed's rhetoric, inflation and manufacturing statistics, the US unemployment rate, which is recovering from its 55-year lows, is much greater thing. In technical terms, June'24 will be the 4th month in a row, US unemployment rate is above its 26-week (6-month) simple moving average. Historical backtest analysis of the entire history of data since the end of World War II indicates that the onset of a recession in the United States is just around the corner. In any case, such labor market symptoms have always, in all cases without exception, signaled either an already occurring or an imminent US recession. The main graph (Nasdaq-100 Futures cont. contract) indicates on a potential symmetry for further bearish development. with the nearest target roughly S14'000 mark (that is corresponding also to 5-years SMA).
CME_MINI:NQ1!
by PandorraResearch
APPLE My Opinion! BUY! My dear friends, Please, find my technical outlook for APPLE below: The price is coiling around a solid key level - 216.29 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 225.73 Safe Stop Loss - 210.99 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLLong
by AnabelSignals
1
SPX 5600 BY FALL 2024 ?SP:SPX Economic Resilience: Despite various challenges, the U.S. economy has shown remarkable resilience. If this trend continues, it could support higher stock prices. Normalization of Interest Rates: The Federal Reserve’s normalization of interest rates, rather than aggressive tightening, could create a favorable environment for equities. If inflation continues to fall closer to the Fed’s 2% target, it might only require modest rate cuts. Consumer Spending Power: Consumers have maintained strong purchasing power, supported by high job security and a robust labor market. This continued consumption can drive corporate earnings higher. Big Tech Leadership: Big Tech companies have consistently delivered strong earnings and have been a significant driver of the S&P 500’s performance. Their growth prospects, particularly in areas like AI, remain strong. Earnings Growth: Analysts project solid earnings growth for the S&P 500, with estimates suggesting a significant increase in earnings per share (EPS) for 2024. Valuation Multiples: The valuation multiples for Big Tech and other sectors are seen as reasonable given their growth prospects. This supports higher price targets for the index. Historical Trends: Historical performance patterns, especially in presidential election years, suggest that the S&P 500 could see gains.
SP:SPXLong
by NYRUNSGLOBAL
AAPL: Warren Buffett accelerates sale of Apple sharesBerkshire Hathaway, led by Warren Buffett, has dramatically reduced its holdings in Apple Inc., marking a significant shift in its investment strategy. Over the past seven quarters, Berkshire has been consistently selling off its Apple shares, with the process intensifying in the second quarter of 2024. During this period, Buffett disposed of over USD 75 billion in stocks, including a substantial portion of his Apple holdings, reducing Berkshire’s stake in Apple from 789 million shares at the end of Q1 to 400 million. The massive sell-off contributed to Berkshire Hathaway’s cash reserves reaching a record high of USD 276.9 billion. Buffett’s strategic move reflects broader market sentiments, where investors are increasingly cautious, favouring the security of high-yield US government bonds amid expectations of a rate cut by the Federal Reserve. Technical analysis of Apple Inc. (NASDAQ: AAPL) Reviewing Apple’s stock performance in light of recent developments: Timeframe : Daily (D1) Current trend: the stock is in a downtrend, exacerbated by the negative sentiment pervading the stock market and Buffett’s significant sell-off Resistance level : 225.60 USD Support level : the previous support at 214.50 USD has been breached Short-term target : if the downtrend continues, the next target could be 181.45 USD following a rebound from the broken support Medium-term target : a continued decline might see the stock reaching 172.70 USD Potential uptrend scenario : if market conditions improve and the stock reverses its current trend, a potential growth target could be set at 235.00 USD Investors and market watchers should closely monitor Apple’s stock, particularly in the context of Berkshire Hathaway’s reduced exposure and broader market dynamics. A significant divestment by a major investor like Buffett could influence other stakeholders and affect Apple’s stock performance in the near to medium term. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NASDAQ:AAPL
by RoboMarkets