Will Apple be the first in the race for a trillion?The earnings season in the US is still very ambiguous. And generates more questions than answers. Facebook's historic fall alone makes this season memorable.
But this season does not necessarily enter the history of the stock markets with a negative. The matter is that tomorrow the quarterly reporting of Apple (the publication is planned for July 31st, 2018 after the market close) will be published.
The current capitalization of Apple is $ 970 billion. That is, the company has come close to a trillion-dollar mark. And has a good chance to reach the finish line first, ahead of the main competitors from Alphabet, Amazon and Microsoft.
On the one hand, the reaction of investors in the current earnings season is alarming. We have already mentioned Facebook, which managed to lose about $ 150 billion during a day on a very good figure. This is also Intel Corp., which even exceeded analysts' forecasts, but again was subjected to tough sales. And Netflix Inc., which demonstrated excellent data, but suffered severe losses. There are many such examples. As a result, in the current earnings season, the technology sector demonstrates the worst results. And this even though out of 36 technology companies, 35 showed better results than analysts forecast. That is, something quite illogical is happening.
But on the other hand, illogical markets can’t be permanent. Yes, from companies mentioned above, investors expect extraordinary and when they get something just ordinary, they are disappointed and give in to panic. Nevertheless, one must look at the situation not through rose-colored glasses of inflated expectations, but through the prism of the real world.
So, what do investors expect from Apple? In terms of quantitative indicators, it is the company's revenue growth of 15% y/y (the company's revenue for the third fiscal quarter is expected to amount to about $ 52.3 billion). This growth rate is the best for the company since 2015. Analysts say that the reason for such a rapid growth for the company is the rise in prices for the iPhone (yes, the growth rate of smartphone sales is only 2%, but together with the price of $ 1,000 iPhone X this should give a gain of revenue of about 17%. , the segment of smartphones generates about 60% of the company's revenues), the growth of revenues from the services sector (the company plans to increase revenue from this direction up to $ 50 billion a year and develops it very actively), as well as increased sales of Apple Watch and other products of the company (AirPods, HomePod, Apple TV).
So, if the data do not fail, investors will have a very good reason for buying Apple shares.
Also, important will be the company's comments about, the pace of sales of the iPhone X, as well as the effects of the trade wars of the US and China.
At these moments the reaction will be most acute.
Overall, given the illogical reaction of investors recently, Apple shares may be under pressure, especially if the quarterly data or management comments disappoint. Nevertheless, the general vector of the company's development so far does not give grounds for serious doubts about its effectiveness. So, we believe that the chances of reaching a trillion of capitalization from Apple are quite high. Our recommendation is to buy Apple shares.
Appleinc
Apple: $185 Extreme Short CallGiven Warren Buffet's continued investment and praise of Apple as a stock choice, I believe a $185 price point is imminent. This is especially true given its one day range having a high of $184.25. This peak 3.92% increase was due to Buffet's investment, but the market trend still will rally as a strong buy target for the next couple of days. Apple, as it has been for a while, is a conservative stock pick, even given there decline in demand with the I-Phone X.
Apple Inc Daily Update (15/8/17)This a tough one.
But we have to agree upon something that, it looks pretty weak as well.
Now I want to wait till it goes below 158.1x first, and I will see if it start to goes below 150. (To stay BEAR, we need it to stay below 158.1x)
Once 150 is broken strongly, going to 143 is the matter of time.
Trade Safe,
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.
Where Will APPL go NEXT?AS explained on the chart, APPL's Stock has
TWO POSSIBILITES. Quite clear huh? It's either bullish or bearish, but how much?
FIRS we get a retrace towards 147-148.50.
if we get this, with a bullish divergence on 1 hour chart,
I believe we are headed to 156.78 (first target)
if we retrace BELOW 147-148.50,
our three targets ARE
first- 142.50 area
second- 138.60 area
third- 130.75