Apple

Apple Inc.(NASDAQ:AAPL) Stock price target trend forecast and trading range analysis: Updated to: 2023.2.3 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: bullish Sell high and buy low of range : $145 – $160 Support: $145 resistance: $160 Stop Loss Price: $145 price target: $160 Buy the position again: stop fall and rise to $145 Medium-term trend: bullish High sell low buy range: $140 – $160 Support: $140 resistance: $160 Stop Loss price: $140 price target: $160 Buy the position again: stop fall and rise to $140 Long-term trend: bullish High sell low buy of range: $125 – $160 Support : $125 resistance: $160 Stop Loss price: none price target : $160 Buy the position again: stop fall and rise to $125 From Analysis from financial statements: In Q1 2023, revenue of […]

Apple’s second-generation HomePod smart speaker is on sale, and the new smart speaker can be purchased in Apple Stores in the United States and some other countries. The new HomePod 2 costs $299 (2299 yuan from the Bank of China) and is available in two color options, midnight and white, which looks similar to Apple’s original HomePod that was discontinued in 2021, but with some minor design changes and some new features.

Apple (NASDAQ:AAPL) reported a holiday season sales decline that exceeded Wall Street fears, highlighting the impact of the economic slowdown and ongoing supply issues. The company announced Thursday that first-quarter revenue reached $117.2 billion, down from Wall Street’s forecast of about $121.1 billion. Apple shares fell in after-hours trading. Over the past year, demand for smartphones and computers has declined. Timing is another issue: The company didn’t launch new Macs and HomePods until recent weeks, missing the end of the first quarter. Apple did not provide a second-quarter revenue outlook, continuing its usual practice since the beginning of the pandemic in 2020.

Apple (NASDAQ:AAPL) today released its fiscal 2023 first-quarter results: revenue of $117.154 billion, down 5% year-over-year, the company’s first year-over-year revenue decline since 2019 and the biggest quarterly revenue decline since September 2016; Net income was US$29,998 million, down 13% year-on-year. Among them, revenue in Greater China was US$23.905 billion, down 7% year-on-year. Revenue from Europe, Japan and the rest of Asia Pacific was US$27.681 billion, US$6.755 billion and US$9.535 billion, respectively, all down year-on-year.

Apple (NASDAQ:AAPL) today released its fiscal 2023 first-quarter results: revenue of $117.154 billion, down 5% year-over-year, the company’s first year-over-year revenue decline since 2019 and the biggest quarterly revenue decline since September 2016; Net income was US$29,998 million, down 13% year-on-year. Among them, revenue from wearables, home products and accessories was $13.482 billion, compared with $14.701 billion in the same period last year, which missed analysts’ expectations of $15.23 billion.

Apple (NASDAQ:AAPL) today released its fiscal 2023 first-quarter results: revenue of $117.154 billion, down 5% year-over-year, the company’s first year-over-year revenue decline since 2019 and the biggest quarterly revenue decline since September 2016; Net income was US$29,998 million, down 13% year-on-year. Among them, revenue from the iPad was $9.396 billion, compared with $7.248 billion in the same period last year, beating analysts’ expectations of $7.76 billion.

Not only did Apple’s (NASDAQ:AAPL) fourth-quarter revenue and profit fall short of expectations, but sales of its star product, the iPhone, fell for the first time since 2020. iPhone sales in the fourth quarter were US$65.78 billion, lower than the expected US$68.3 billion, down 8.2% year-on-year, the first year-on-year decline since the third quarter of 2020, mainly due to the disruption of high-end flagship mobile phone production in the fourth quarter of last year by the epidemic.

Apple (NASDAQ:AAPL) revenue for the first quarter of fiscal 2023 was $117.15 billion, versus market expectations of $121.14 billion; Q1 IPHONE revenue was US$65.78 billion, market expectations were US$68.3 billion, first-quarter services revenue was US$20.77 billion, market expectations were US$20.47 billion, first-quarter Greater China revenue was US$23.91 billion, market expectations were US$21.8 billion;In the first quarter, Mac revenue was $7.74 billion, compared with market expectations of $9.72 billion; iPad revenue in the first quarter was $9.40 billion, market expectations were $7.78 billion; and first-quarter wearables, home and accessories revenue was $13.48 billion, market expectations were $15.32 billion.

Tigress Financial analyst Ivan Feinseth told investors in a research note that Apple’s recent production headwinds provide investors with a long-term buying opportunity. The analyst said the company’s “large” installed user base, expanding ecosystem and growing service revenue will continue to drive accelerating trends and create greater shareholder value. He said that Apple is still innovating, constantly introducing new products and preparing to launch a mixed reality headset in early 2023. The analyst reiterated a strong buy rating on the stock, with a $210 price target.