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

[behappyalways]

Apple Watch evolves to 5G version?
Rumor has it that MediaTek chips can send satellite text messages
蘋表進化5G版?傳採聯發科晶片能發衛星簡訊 Apple Watch升級 聯發科晶片將取代英特爾?｜非凡財經新聞｜20241211
https://m.youtube.com/watch?v=HNQN19lXzn0


Apple is now trading at nearly 10x sales, the highest valuation level in company history
https://x.com/charliebilello/status/1867059707522977990

[winston]

Apple Inc (AAPL US)
Recommendation : HOLD
Fair Value : USD 259.00

2025 – A YEAR TO WATCH FOR APPLE INTELLIGENCE

• Apple unveiled a brand-new suite of Apple Intelligence features that could help to elevate users’ experience

• However, the artificial intelligence (AI) landscape in China remains difficult to navigate

• Maintain Hold rating and revising fair value to USD259, up from USD228


Apple has established its dominant position in the consumer electronics industry with a focus on a premium ecosystem of tightly integrated hardware, software, and services.

Apple operates across various categories consisting of
(i) iPhone,
(ii) Mac,
(iii) iPad,
(iv) Wearables, Home and Accessories, and
(v) Services.

Its flagship iPhone serves as the cornerstone of the ecosystem, where its other products such as Mac, iPad, and Apple Watch are designed around it.

This allows Apple to exert pricing power, create switching costs and benefit from network effects.

Apple’s products become even more entrenched when a customer adopts multiple products.

Additionally, Apple has progressively worked to expand its portfolio by adding new applications, such as streaming video, subscription bundles and augmented reality.

We view Apple as a business with a wide moat, as its ability to lock customers within its ecosystem helps generate strong profitability.

Source: OCBC

[behappyalways]

Meta Smart Ray-Ban Glasses Big Winner? Goldman Finds App Downloads Hit 200% YoY
https://www.zerohedge.com/technology/me ... it-200-yoy

[behappyalways]

Apple's stock price rose 16% in two months, and its market value reached nearly US$4 trillion.
It is rumored that it will enter the smart home next year and challenge the status of Google and Amazon.

蘋果2個月股價漲16%市值直近4兆美元 傳明年搶進智能家居 挑戰谷歌.亞馬遜地位｜非凡財經新聞｜20241226

https://m.youtube.com/watch?v=ZP0nGdfO-zM

[behappyalways]

Apple Offers Rare iPhone Discounts In China Amid Intensifying Huawei Competition
https://www.zerohedge.com/technology/ap ... ompetition

[behappyalways]

Apple Agrees To Pay $95 Million To Settle Siri Privacy Lawsuit
https://www.zerohedge.com/technology/ap ... cy-lawsuit

[winston]

not vested

Apple was dethroned as China’s biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17 per cent, data from research firm Canalys showed on Thursday.

It was Apple’s largest-ever annual sales decline in China and involved contraction in all four quarters, including a 25 per cent drop in the final quarter, according to the data.

For the full year, budget smartphone maker Vivo captured a 17 per cent market share in China, followed by premium rival Huawei with 16 per cent and Apple with 15 per cent, demonstrating the growing sales pressure it faces from domestic manufacturers in one of its biggest global markets.

Source: Phillips

[winston]

Apple Stock Falls as Jefferies Downgrades; JPM Lowers Price Target

by Nisha Gopalan

KEY TAKEAWAYS

Apple shares fell Tuesday after Jefferies downgraded the stock to an “underperform” from “hold” on Monday.

Jefferies noted that flagging iPhone sales and weak demand for its artificial intelligence (AI) features in newer models would lead the tech giant to undershoot quarterly revenue forecasts.

JPMorgan analysts on Tuesday stuck with an overweight call on Apple but downgraded their price target to $260 from $265, citing wariness about the company's outlook.

Source: Investopedia

https://finance.yahoo.com/news/apple-st ... 52284.html

[winston]

Apple Inc (AAPL SP)

Recommendation : BUY
Fair Value : USD 259.00


Pricing in bad news
Recent news flows affirmed a challenging outlook for Apple in China, resulting in a share price decline
Apple remains one of the most favoured Edge artificial intelligence (AI) plays
Revising our rating from Hold to Buy while maintaining a fair value of USD259

Apple has established its dominant position in the consumer electronics industry with a focus on a premium ecosystem of tightly integrated hardware, software, and services.

Apple operates across various categories consisting of (i) iPhone, (ii) Mac, (iii) iPad, (iv) Wearables, Home and Accessories, and (v) Services.

Its flagship iPhone serves as the cornerstone of the ecosystem, where its other products such as Mac, iPad, and Apple Watch are designed around it.

This allows Apple to exert pricing power, create switching costs, and benefit from network effects. Apple’s products become even more entrenched when a customer adopts multiple products.

Additionally, Apple has progressively worked to expand its portfolio by adding new applications, such as streaming video, subscription bundles, and augmented reality.

We view Apple as a business with a wide moat, as its ability to lock customers within its ecosystem helps generate strong profitability.

Source: OCBC

[winston]

not vested

Apple Stock Is Sliding. It Might Just Be the Beginning.

By Al Root

In December, shares were trading for about 34 times earnings expected over the next 12 months, up from about 29 times a year ago. Recent declines have brought the multiple back to about 29 times.

The S&P 500 trades for closer to 22 times.

Source: Barron's

https://www.barrons.com/articles/apple- ... eid=yhoof2