Apple Stock Forecast: Long-Term Growth Strategy

September 20, 2022
He Xu This article was written by He Xu – Financial Analyst at I Know First.

Summary:

  • The majority of Apple's new models' prices have remained the same, which implies that AAPL fits its growth strategy.
  • Despite having a larger level of debt than the average company, Apple remains a secure stock that is deserving of investment.
  • Apple Inc. (AAPL) is still rated as a Buy because of better-than-expected profitability and impending product launches.

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Apple Stock Forecast: Impressive Q3 EPS/Revenue Numbers Made Apple A Strong Buy

July 28, 2021

motek 1The Apple stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • Apple’s stock is +14.4% since my December 21, 2020, take-your-profits recommendation.
  • I am AAPL as a buy because of its big beat on Q3 numbers.
  • For its third quarter, Apple’s EPS was $1.30 and its revenue was $81.4 billion. These figures top Wall Street’s estimates of $1.01 EPS on sales of $73.5 billion.
  • Stronger sales and growing net income fortify Apple’s eight consecutive years of dividend growth.
  • The more infectious variant of the COVID-19 virus is an indirect tailwind to Apple’s Services business. The Services segment’s Q3 revenue was $17.5 billion (+32% Y/Y).

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I Know First Weekly Review Algorithmic Performance: July 8th, 2021

July 9, 2021

I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
July 8th, 2021

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I Know First Weekly Review Algorithmic Performance: April 1st, 2021

April 1, 2021

I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
April 1, 2021

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Apple Stock Forecast for 2021: Take Your Profits On Apple

December 21, 2020

motek 1The Apple stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • Apple’s stock has risen +46% since my June 21 buy recommendation. We should now reap our gains.
  • AAPL’s TTM P/E of over 39 makes it vulnerable to market emotions. A slow-down in its Services segment could compel investors to turn bearish.
  • The robust revenue from iOS games has a headwind from cloud gaming platform’s new ability to bypass the iOS app store. Publishers can make PWA versions to bypass Apple’s app store commission.
  • Apple’s tactic of blocking apps that do not process payments through its 30%/15% commission rule on its iOS app store has a headwind from browser-only cloud gaming.
  • Google Stadia is now available to iOS device owners via Google Chrome or Apple’s Safari browsers.

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I Know First Weekly Review Algorithmic Performance: August 4th, 2020

August 4, 2020

I Know First Weekly Newsletter
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August 4, 2020

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Apple Stock Forecast: Raising My Apple Price Target to $388

June 21, 2020
motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • Apple handily beat the $330 price target I gave it last may 10.  I’m therefore raising my one-year PT to $388.
  • There’s a global pandemic and yet AAPL touts a year-to-date price return of +19.09%. Its 1-year price return is +76.74%. 
  • Investors are bullish on the strong rumor that Apple will use its ARM-based processors on some of its next-generation Mac computer products.
  • ARM-based Macs can help boost the computer segment of Apple. This will help further reduce Apple’s heavy reliance on iPhones sales.
  • An ARM-based MacBook, iMac, and Mac Mini would be cheaper than Intel x86-based Apple computers. Catering to more sectors of buyers is good for Apple.

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