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

[behappyalways]

Federal Agency Issues Security Warning For Apple Devices, Gives Three Weeks To Comply
https://www.zerohedge.com/political/fed ... eks-comply


Apple Slides On Plunging China Sales, Service Revenue Miss, Mediocre Guidance
https://twitter.com/zerohedge/status/17 ... 9777345956

[winston]

not vested

Apple Inc - Stock Analyst Research
Target Price* 194.00
Recommendation NEUTRAL

Apple Inc. - Weak demand for products continues

1Q24 results were within our expectations with 1Q24 revenue/PATMI at 30%/33% of our FY24e forecasts.

Historically, 1Q revenue/PATMI accounts for 31%/34% of the fiscal year forecast.

Services growth of 11.2% YoY remains the standout, with AAPL’s installed base climbing to 2.2bn.

Gross margin delivery came in at 45.9%, the high end of its guided 45-46% range, up 70 basis points sequentially due to higher iPhone Pro and services revenue.

Products and service gross margin were at 39.4% and 72.8% sequentially.

Weak demand for products remains a drag, with a 13% YoY revenue contraction from China also a concern due to increasing competition from domestic brands like Huawei.

We downgrade to a NEUTRAL rating from ACCUMULATE due to recent share price gains.

Our target price remains unchanged at US$194, a WACC of 6.5%, and a terminal growth rate of 3%.

There is no change of forecast. As product sales remain muted, we expect Services to continue being the main drivers of growth.

Source: Phillips

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

[winston]

vested

Broker│View

Citi│Quarterly revenue and earnings were in line with expectations, and client management revenue was flat YoY

Huatai Securities│Committed to core business growth while focusing on optimizing shareholders' returns

HSBC Global Research│Business growth drived by re-investment to may drag down earnings outlook, and selling investments may boost shareholders' returns

Jefferies│Activate growth through investment

CICC│Increased investment in core business and largely increase buybacks

UBS│Short term outlook mixed

Goldman Sachs│Re-invest in core businesses while maintaining capital returns

Morgan Stanley│Reactivated growth through investment may affect short term profitability

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

How Apple’s iPhone Overtook Samsung As The Top Smartphone In The World
https://m.youtube.com/watch?v=8oPXtfZlsto

[behappyalways]

Be careful! Don’t put keys or coins together with Vision Pro.
Actual testing found that the scratch resistance is far inferior to that of mobile phone screens.
It is estimated that it will be sold in China in April to challenge Apple fans’ beliefs.
小心!鑰匙.硬幣別和Vision Pro放一塊兒 實測發現耐刮度遠遜手機螢幕 估4月銷"陸"挑戰果粉信仰｜非凡財經新聞｜20240207
https://m.youtube.com/watch?v=2jsjDkUkXUc



I Spent 24 Hours Wearing Apple’s Vision Pro Headset | WSJ
https://m.youtube.com/watch?v=8xI10SFgzQ8

[behappyalways]

Wall Street Journal investigative report: How iPhone thieves steal money from your account

華爾街日報調查報告 iPhone大盜如何竊走你帳戶的錢 TVBS文茜的世界財經周報 20240211

https://m.youtube.com/watch?v=8cpiV7T3QkA

[behappyalways]

軟硬兼施闖天關 "蘋果"能再贏一次? "華為"手機崛起 中國市場再翻轉?!｜20240224｜@inewsplus
https://m.youtube.com/watch?v=IVM1KdMmz3M

[winston]

not vested

Rare Buying Opportunity for One of the World’s Best Businesses

by Sean Michael Cummings

Vision Pro packs immersive sound and video into a $3,500 headset.

Apple’s share price almost never falls for six days uninterrupted.

Source: Daily Wealth

https://dailytradealert.com/2024/02/27/ ... usinesses/

[behappyalways]

Apple’s iPhone Steeply Discounted in China on Weak Demand
https://twitter.com/ChinaBeigeBook/stat ... 5111647727

[behappyalways]

*APPLE HIT WITH €1.8B EU FINE OVER ABUSIVE APP STORE RULES
https://twitter.com/zerohedge/status/17 ... 6004810980


Apple iPhone sales plunge 24% in China as Huawei smartphone business resurges, report says
https://www.cnbc.com/2024/03/05/apple-i ... -says.html