Apple Stock Forecast: Holiday Shopping Season Will Boost Apple’s Sales

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

Apple Stock Forecast

  • It’s time to go long AAPL. The Christmas shopping season is here soon.
  • The global recall of Galaxy Note 7 and holiday sales could make up for the declining iPhone sales in China.
  • I expect the Christian/Catholic community around the world to boost sales of iPhones, iPads, and iMac computers this last two months of 2016.
  • Digitimes reported that Apple has increased its fourth-quarter production orders for the iPhone 7. I expect Apple to sell 60-70 iPhones this Q4 2016.
  • The short and long-term algorithmic forecasts of Apple are very positive.
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