Apple Stock Forecast: Why AAPL Price Can Hit $290

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:

  • The stock price of Apple is now more than 18% higher than it was during my September 19 buy recommendation.
  • I am still endorsing AAPL as a reasonable value play investment. My 90-day price target for AAPL is $290.
  • Apple will get a decent tailwind from Black Friday and Christmas shopping sales events. Entry-level iPhones are still more attractive than flagship Android phones.
  • The Second tailwind is the release of the new MacBook Pro. It should help Apple sell more than 5.3 million Mac computers this last quarter of 2019.
  • Stronger iOS hardware sales also increase the growth of Apple’s $12.5 billion quarterly revenue from its Services segment.

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Apple Stock Forecast: Why Apple Will Dominate In Video Games-As-A-Service

motek 1This Apple stock forecast 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:

  • The low $4.99 monthly subscription fee is why Apple Arcade, not Google Stadia, will eventually dominate in Video-Games-As-A-Service.
  • Apple’s big bet on subscription-only video games is well in-tune with GlobalData’s projection that the global video games industry can grow to $300 billion by 2025.
  • Parents and players alike will eventually appreciate that the stigma of in-app purchases just got eliminated by Apple Arcade.
  • Most iOS developers will initially be lukewarm to the idea of zero in-app purchases for their games. However, many of them will eventually warm up to Apple Arcade.
  • Apple stock has a bullish one-year algorithmic forecast score of +339.29. I Know First has a great 0.67 predictability score on AAPL’s one-year market trend.

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Apple Stock Forecast: Apple Card Swipes Ahead

This article was written by Talia Shakhnovsky, a Financial Analyst at I Know First.

Summary:

  • Recession risk is increasing due to trade tensions and consumer pullback. 
  • Within the Technology Sector, Apple is stable and efficient compared to competitors. 
  • Apple’s focus on services and wearables is key to further growth. 
  • Recent innovation supports a long-term bullish AAPL stock prediction.

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AAPL Stock Predictions: I Know First Evaluation Report for Apple Inc Stock Forecasts

Highlights For AAPL Stock Predictions:

  • 96% Hit Ratio for 3-months time period of AAPL stock predictions allow our clients to be able to invest their money with close to zero risk
  • AAPL stock predictions have consistently been above 65% accuracy in times of volatility

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AAPL Stock Forecast: Advances Ahead of Earnings Release

This article was written by Talia Shakhnovsky, a Financial Analyst at I Know First.

 

“The combination of negative investor sentiment, the potential for a services acceleration in June, and a low bar for September guidance keep us positively biased into earnings.”
- Morgan Stanley equity analyst Katy Huberty

Week #31, 2019: Earnings Calendar

Apple Stock Forecast: AAPL Looking Ahead to the Calm After the ‘Storm’

Whitney
The article was written by Whitney Su, a Financial Analyst at I Know First.

Summary:

  • Despite concerns over the ongoing Trump-Xi trade war, we can expect Apple to operate as usual in Greater China (Mainland China, Hong Kong, and Taiwan), which accounts for nearly 20 percent Apple's total revenue.
  • Stock prices went up by more than 1% on 11 June 2019, closing at $194.99, after Foxconn's statement that it was capable of relocating iPhone production outside of China, if necessary. Stock prices have seen an upward trend since that announcement.
  • I give AAPL stock a bullish one-year forecast. No longer relying on iPhone sales to hold up the company, Apple is turning towards services instead, projecting increased service sector revenue of $14 billion per quarter by 2020.
  • Widespread popularity of the Apple Watch and AirPods spearheads revenue increases in Apple's "Other Products" sector. Innovative product development will continue to drive up AAPL stock prices.

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AAPL Stock Forecast: A cash-generating-machine with a user base 10X that of Netflix

I Know First Research Team

-Read this article and you will understand why there is no need to be concerned about Q1 2019 iPhone sales being lower than Q1 2018, and a possible continuation of this with today’s Q2 results

-There is a great buying opportunity for AAPL shares as the market is too focused on iPhone sales unit numbers, and APPL is trading at a cheaper P/E than the average on the S&P 500

-Besides dividend growth, EPS growth will come from the higher margin services business

-EPS growth will also come from the continuing monster-buyback-program

-I Know First Algorithm APPL Stock

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