AAPL
- Thread starter Phill Twist
- Start date
Every single day they raise the price target. That's whats keeping the momentum of the markets running higher and higher. They keep upping the same stocks with skyrocketing price targets. Tesla yesterday got a $3500 price target.
Remember every stock has its moment, but staying on top doesn't last forever.
Like clock work. Rinse and repeat and repeat and repeat and repeat. Every single day another upgrade to the handful of heavyweights carrying this market all alone.....
Today you guessed it. Another apple upgrade
Apple Inc. shares AAPL, +1.05% are up 0.8% in premarket trading Wednesday after Wedbush analyst Daniel Ives boosted his target to $600 from $515, with the new targetstanding as the highest listed on FactSet. Ives also set a new "bull-case" target of $700. "
Today you guessed it. Another apple upgrade
Apple Inc. shares AAPL, +1.05% are up 0.8% in premarket trading Wednesday after Wedbush analyst Daniel Ives boosted his target to $600 from $515, with the new targetstanding as the highest listed on FactSet. Ives also set a new "bull-case" target of $700. "
iPhone resilience
Gartner estimates that global smartphone sales fell 20.4% year-on-year in Q2—Samsung down 27.1%, Huawei down 6.8%, and so on. But Apple? It seems iPhone sales were down merely 0.4%. Gartner research VP Annette Zimmermann: "The improved business environment in China helped Apple achieve growth in the country. In addition, the introduction of the new iPhone SE encouraged users of older phones upgrade their smartphones." CNBC
Gartner estimates that global smartphone sales fell 20.4% year-on-year in Q2—Samsung down 27.1%, Huawei down 6.8%, and so on. But Apple? It seems iPhone sales were down merely 0.4%. Gartner research VP Annette Zimmermann: "The improved business environment in China helped Apple achieve growth in the country. In addition, the introduction of the new iPhone SE encouraged users of older phones upgrade their smartphones." CNBC
iPhone demand
Apple is having roughly as many new iPhones made for this year's launch as it did for last year's, indicating that it expects demand to hold up despite the pandemic and recession. The upcoming iPhone, tipped for announcement next month, will reportedly feature 5G connectivity. Bloomberg
Apple is having roughly as many new iPhones made for this year's launch as it did for last year's, indicating that it expects demand to hold up despite the pandemic and recession. The upcoming iPhone, tipped for announcement next month, will reportedly feature 5G connectivity. Bloomberg
They should have a good sales cycle in spite of CV19 or the economy.
There are tens of millions that are 4+ years old, still in use.
They need to be replaced.
And many people have been delaying the purchase of a new phone because they were waiting on a new 5G phone.
Sales should be good in the 4Q.
I wanted to wait for the new iphone, but AT&T gave me a deal I couldn't refuse. Switch to AT&T, Trade in 2 of my old iphone 6s for two iphone 11 pros and the payment is only $10 per month for 30 months (each phone) so basically we got 2 iphone 11 pros for $300 each. On top of that, they gave me $500 in Visa gift cards, so in reality, the phones were $50 each.