Apple (AAPL) 05 (Aug 18 - Dec 24)

[winston]

not vested

Apple stock surge raises stakes as earnings loom

by Subrat Patnaik

Apple has been slowing for five straight quarters, with the company warning in April that supply issues stemming from lockdowns in China would curb revenue by US$4 billion to US$8 billion in the third quarter that ended June 30.

This year’s market selloff has made Apple stock relatively cheaper at about 24 times estimated earnings.

Source: Bloomberg

https://www.theedgemarkets.com/article/ ... nings-loom

[winston]

Apple Stock Leaps On Q3 Earnings Beat As Supply Chain Hit Limited

by MARTIN BACCARDAX

Gross margins would likely narrow to between 41.5% and 42.5%.

China sales fell 1% to $14.6 billion.

Revenues from its key services business rose 12% to $19.6 billion.

Net sales for the Mac were down 10.4% to $7.38 billion, while wearable, home and accessories sales, which include the AppleWatch, fell 8% to $8.08 billion.

Supply chain constraints pulled iPad revenues 2% lower to $7.22 billion.

Source: The Street

https://www.thestreet.com/markets/apple ... %2BLimited

[behappyalways]

Apple Jumps After Beating Top & Bottom Line; Solid iPhone Sales And China Performance
https://www.zerohedge.com/markets/apple ... erformance

[winston]

not vested

Apple Inc. – Managing supply chain and FX headwinds well

3Q22 revenue and PATMI in line with expectations.

9M22 revenue/PATMI at 77/80% of our FY22e forecasts.

Record iPhone revenue for June quarter, with growing installed base and increasing customer engagement driving Services growth.

Gross margins slightly above forecasts, demonstrating Apple’s ability to better manage supply chain constraints.

We adjust our FY22e earnings forecasts upwards slightly to reflect higher gross margins and PATMI outperformance YTD.

We expect Apple to weather the supply chain constraints and 6% FX headwind.

We maintain BUY recommendation with a higher target price of US$198.00 (prev. US$194.00) on DCF with a WACC of 6.1% and terminal growth of 3.0%.

Source: Phillips

https://www.stocksbnb.com/reports/apple ... inds-well/

[winston]

not vested

Buy and Hold Apple (AAPL) Stock for the Long Term

by Louis Navellier

A pivot toward making more of the tech giant’s revenue subscription-based will help. Per one sell-side analyst, achieving this could add another $1 trillion to Apple’s already multitrillion-dollar market capitalization.

Its driverless electric car catalyst, another potential needle-mover, is still in motion as well.

Don’t forget either that there’s the metaverse, where Apple can level up on its past success.

Source: Investor Place

https://dailytradealert.com/2022/08/05/ ... long-term/

[winston]

not vested

Apple: Is Advertising the Next Big Revenue Generator? Analyst Weighs In

“Game changing” AV/VR headset and even Apple Car.

Needham TP: US$170
Consensus: US$180
22 Buys, 6 Holds and 1 Sell

Source: TipRanks

https://finance.yahoo.com/news/apple-ad ... 06739.html

[behappyalways]

Apple Demands Taiwan Suppliers Use 'Made In China' Labels
https://www.zerohedge.com/political/app ... ina-labels

[behappyalways]

Millions Of iPhone Users Warned By Federal Agency To Change Settings Immediately
https://www.zerohedge.com/technology/mi ... mmediately

[behappyalways]

Apple's Diabolical Plan To Control The Ads
https://www.zerohedge.com/technology/ap ... ontrol-ads

[behappyalways]

First Look: Comparing Apple's iPhone 14, 14 Plus, 14 Pro and 14 Pro Max | WSJ
https://m.youtube.com/watch?v=1yFdnelakHM