Apple (AAPL) 06 (Aug 23 - Dec 26)

[behappyalways]

Sales of Apple's new phones in China are poor; Cook visits Chengdu to boost sales

蘋果新機中國銷量不佳 庫克訪成都救買氣｜方念華｜FOCUS全球新聞 20231018@tvbsfocus

https://m.youtube.com/watch?v=DEXXHHOzbkM

[behappyalways]

Why My iPhone 14’s Battery Expired in Only a Year | WSJ
https://m.youtube.com/watch?v=lraSjEQ5xdM


Nationalism Wave In China Possibly Contributing To Apple iPhone 15's Slumping Demand
https://www.zerohedge.com/markets/natio ... ing-demand

[winston]

not vested

Apple on Thursday reported that sales fell for the fourth consecutive quarter when compared to the prior year, but profit rose on the back iPhones and services.

The tech giant said it made a profit of US$23 billion on revenue of US$89.5 billion, which was down slightly from the same period last year.

Source: Phillips

[winston]

not vested

Apple Inc. – Services the spark amidst weak outlook
Recommendation : ACCUMULATE (Upgraded);
TP: US$194.00, Last Close: US$176.65

4Q23 results were within our expectations.

FY23 revenue/PATMI were at 101%/100% of our FY23e forecasts.

Services growth of 16% YoY was the standout.

Services benefited from a higher installed base of >2bn active devices, while iPhone demand remains resilient – especially in China which saw record 4Q sales.

iPad/Mac/Wearables remain a drag, with continued weakness moving into 1Q24e.

We left our FY24e forecast unchanged but raised revenue/EBITDA by 5% for FY25e.

We expect Services and iPhones to be the main drivers of growth and are encouraged by market share gains in China and India.

As a result, we upgraded our rating from NEUTRAL to ACCUMULATE, with a raised DCF target price of US$194.00 (prev. US$$183.00), a WACC of 6.5%, and a terminal growth rate of 3%.

Source: Phillips

https://www.poems.com.sg/stock-research/AAPL/

[behappyalways]

Apple has bought back $604 billion in stock over the past 10 years, which is greater than the market cap of 492 companies in the S&P 500.
https://twitter.com/charliebilello/stat ... 3077100623

[behappyalways]

Talking about Apple and Tesla

Pt.2 The supply chain is out of China, and the sales chain is in line!
Does Apple treat China like an idiot?

'23.10.31【豐富│東南西北龍鳳配】Pt.2 供應鏈脫中，銷售鏈親中！蘋果把中國當白痴嗎？
https://m.youtube.com/watch?v=E9mRwHG0yjQ

[behappyalways]

Apple Is America's Worst Major Company For Employee Retention
https://www.zerohedge.com/personal-fina ... -retention

[behappyalways]

Police Warn Parents About iPhone's New 'NameDrop' Feature
https://www.zerohedge.com/technology/po ... op-feature

[behappyalways]

AAPL Tumbles After Halting Watch Sales In The US
https://www.zerohedge.com/technology/aa ... h-sales-us


AAPL is now 7.1% of the S&P, the highest weighting since IBM's 7.6% in 1978
https://twitter.com/zerohedge/status/17 ... 8432878923

[behappyalways]

Mainland China’s iPhone ban extends to 8 provinces including Guangdong, Jiangsu, etc. Bloomberg: poses a major challenge

陸iPhone禁令擴及廣東.江蘇等8省份 彭博:構成重大挑戰｜TVBS新聞@tvbsplus

https://m.youtube.com/watch?v=jfcQRFjBLGE