The Limited Times

Now you can see non-English news...

102% since the earnings warning: Apple is jumping to the all-time high, is it time to leave? - Walla! Business and Consumerism

2019-12-26T18:02:05.531Z


The company's stock is enjoying a soothing trade tensions between China and the US, and most of all: From the company's continued acquisitions of stock, what are the growth engines for 2020?


102% since the earnings warning: Apple is jumping to the all-time high, is it time to leave?

The company's stock is enjoying a soothing trade tensions between China and the US, and most of all: From the company's continued acquisitions of stock, what are the growth engines for 2020?

Apple tech giant's stock is completing a meteoric rise of more than 102% this evening since it issued a profit warning on January 3. Apple now drops to $ 1.3 trillion, all-time high - above Microsoft's market value.

The Apple stock renaissance reflects optimism on the US-China trade deal, and the latest quarterly results suggest a strength in the company's business beyond its flagship product, the iPhone. The increase in service revenues and other gadgets has compensated for the decline in iPhone sales.

Recall that Apple's third quarter revenue was $ 53.8 billion, slightly above $ 53.4 billion in revenue analysts' expectations, up 1% year-over-year. Earnings per share were $ 2.18 compared to expectations of $ 2.1. Net profit for the past quarter was $ 10 billion, and for the fourth quarter, the company outperformed analysts' forecasts.

Good to Know (Promoted Content) Good to Know (Promoted Content)

Obesity is really not a matter of choice - and there is something to be done about it

Obesity Medical Center - Dr. Raz

To the full article

Tim Cook (Photo: AP)

Apple CEO Tim Cook on the background of Apple Watch's smart watch at the company's launch event in San Francisco, September 2015 (Photo: Reuters)

More in Walla! NEWS More in Walla! NEWS

Small businesses can also move to the office by high standards

In collaboration with UK Israel

To the full article

The rise in share price can be attributed to the purchase process the company makes, not companies. Apple continues to use its massive cash box to buy stock, and in the 12 months ended last September, the company made $ 66.8 billion in repurchases.

What is expected of Apple in 2020?

5G. The fifth generation (5G) of cellular communications technology is slowly penetrating the world, and could revolutionize the smartphone industry, ensuring a significant data transfer speed. While some smartphone manufacturers have already covered the 5G technology, Apple has taken a more measured approach, waiting for the 5G to be deployed before introducing a compatible capable iPhone. At the Piper Jeffrey Investment House, more than 1,000 iPhone users recently surveyed and found that 23% plan to upgrade to the iPhone 5G when it goes on the market - even if it costs $ 1,200. Given that 100 million iPhones are in use in the US, This is a potential sales volume that holds a great opportunity.

Wearable products. Apple has already made an indelible mark on the wearable gadget segment, so the Apple Watch dominates the global smartwatch market, accounting for nearly half of all smartwatch sales. In the third quarter of 2019, its market share rose to 48%, compared to 45% in the second quarter - more than three times that of Samsung competing for second place with only 13% market share. The company also leads in the AirPods (wireless headphones) product, which accounts for 45% of all headphones sold on the market. Apple has also recently launched the AirPods Pro, the new headphones that feature noise canceling capabilities through a small microphone designed to absorb external noise and allow headphones to filter them out. Filtering, according to Apple, is done about 200 times a second to maintain good sealing quality.

Services. Subscription services such as Apple Music, iCloud and AppleCare and Apple TV also provide the company with a steady stream of additional revenue, providing stable ground that slightly exacerbates the dependency on the next iPhone upgrade cycle.

On the other hand, the gains recorded in financial markets over the past year, in contrast to the profits of companies that did not record a meteoric rise, raise the assumption that the US Bank's continued support of the markets, alongside Apple's share purchases, are partly responsible for the share price increases that the stock has shown in the past year since .

Source: walla

All business articles on 2019-12-26

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.