🏴‍☠️ APPLE USD (AAPL-USD)

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COMMUNICATIONS & NETWORKING | COMPUTERS, PHONES & HOUSEHOLD ELECTRONICS | ELECTRONIC EQUIPMENT & PARTS | OFFICE EQUIPMENT | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | SOFTWARE & IT | TELECOMMUNICATIONS

37 thoughts on “🏴‍☠️ APPLE USD (AAPL-USD)”

  1. #AAPL is “In Play”

    Apple announces it will unveil its latest hardware, including the new iPhones, on September 10 – CNBC.

  2. #AAPL is “In Play”

    Apple September product event preview:

    – Apple is set to unveil new products today at 13:00 ET. Most of these products will have very incremental upgrades. Most of the attention for shareholders will be placed to the pricing of the company”s Apple TV Plus and Apple Arcade services. Apple stock is up 35% year-to-date vs. a 22.5% gain in the Nasdaq 100. The stock remains near the high end of its recent range and less than 10% from its all-time high.

    – – iPhones: The company is expected to release three new iPhones. The first iPhone will likely be called the iPhone 11 and will feature a 6.1-inch LCD screen similar to the iPhone XR that is currently on sale. The other two phones will be called the iPhone 11 Pro and will feature organic light-emitting diode displays similar to the iPhone Xs and Xs Max. The iPhone 11 Pro will come in two sizes: 5.8 and 6.5 inches. The phones are expected to feature faster processors and better cameras. However, these phones will likely only have incremental improvements as Apple is expected to unveil its 5G iPhone in 2020. Analysts are expecting pricing similar to prior models between $749-1099.

    – – Services: Apple could confirm the pricing for its gaming and TV services and introduce additional content expected for those services. It has been reported by several sources that the gaming service will cost $4.99/month and the TV service will cost $9.99/month. Apple will have to compete with other streaming offerings from Disney (DIS) which will be priced lower.

    – – Apple Watch 5: The updated smartwatch is expected to feature a ceramic design, faster processors, and more health features such as sleep tracking.

    – – Mac: Apple is expected to introduce a 16-inch Mac Book Pro.

    – – iPads: There is some speculation that Apple will update its iPad Pro lineup with faster processors and larger screens. However, some analysts feel the iPad will get its own event in October.

    – – Other Products: Apple could introduce Apple “tracking tags” that will allow users to find lost items.

    – Expectations are for another underwhelming iPhone cycle ahead of next year”s 5G offering. Analysts note that there is a lot of pent up demand with many older iPhones in the installed base. Therefore, there is an expectation for a super cycle for the 5G handset next year. Still, the investment thesis has shifted from iPhone cycles to a more diversified set of hardware and services. Last quarter, iPhone sales fell to less than 50% of revenue for the first time as the success of services, iPads, AirPods, and the Apple Watch picked up the slack for falling iPhone sales. Apple”s earnings are expected to grow 10% next year after falling 2% in fiscal 2019, which concludes this month. With a $943 bln market cap, the stock trades at ~17x earnings, or ~15x, backing out the cash.

    – Suppliers to keep on note include: SSNLF, LPL (for displays) and LITE, FNSR and IIVI (for FaceID.) Other suppliers include: SWKS, CRUS, AVGO, QRVO, TSM, and QCOM, among others. (SMH).

  3. #AAPL has been reiterated by Maxim Group as a hold at 204.0.

  4. #AAPL has been reiterated by Needham as a strong buy at 250.0.

  5. Scott Ornelas says:

    #AAPL has been reiterated by Goldman as a neutral at 165.0.

  6. #AAPL has been reiterated by Cascend Securities as a buy at 270.0.

  7. Converted 100% of the APPLE USD (AAPL-USD) Investment Money via ROBINHOOD at approximately 221.38 (Level 1) generating about +‭6.381547333012975‬% of NEW Commission FREE Cash Reserve. 🥳🏴‍☠️

  8. Acquired APPLE USD (AAPL-USD) via ROBINHOOD at approximately 222.13 (Level 1) bringing the Average Price Paid (APP) to about 222.13 🤩🏴‍☠️

  9. Converted 100% of the APPLE USD (AAPL-USD) Trade Money to Investment Money (Level 1) bringing the Average Price Paid (APP) to about 222.13 🤩🏴‍☠️

  10. AAPL is “In Play”

    Apple approaching Tuesday”s 51-week high which is only ~3% away from last October”s record high:

    • Apple (AAPL) is leading chips stocks higher after the Nikkei Asian Review reported that it asked suppliers to boost production by 10%, or 8 mln units. The $699 price tag of the iPhone 11 appears to be selling well amid pent up demand after price increases in recent years exacerbated the lengthening of the replacement cycle.

    • Apple is leading chip stocks (SMH +1.7%) and suppliers higher: LITE +5.95% SWKS +4.18% STM +2.86% QRVO +2.64% AVGO +2.47% CRUS +2.43% QCOM +2.19%.

    • The $1.02 trln company trades at just over 18x forward EPS estimates, or ~16x netting out cash/debt.

    • https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  11. AAPL is “In Play”

    Apple (+1%) hits 52-week high, within 2% of last October”s record high:

    • Apple hit a 52-week high today after breaking out on Friday following a report from the Nikkei Asian Review that the iPhone maker asked suppliers to boost production based on solid demand for the new lower end iPhone 11.

    • Apple will report fiscal fourth quarter results on Wednesday, October 30.

    • The $1.03 trln company trades at just over 18x forward EPS estimates, or ~16x netting out cash/debt.

    • Acquired APPLE USD (AAPL-USD) via ROBINHOOD at approximately 227.19 (Shares: 1) bringing the Average Price Paid (APP) to about 227.19 🤩🏴‍☠️

    • Converted 100% of the APPLE USD (AAPL-USD) Trade Money to Investment Money (Shares: 2) bringing the Average Price Paid (APP) to about 224.66 🤩🏴‍☠️

    • https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  12. AAPL is “In Play”

    Apple hits new all-time high as China trade tensions ease following encouraging initial iPhone launch:

    Apple (AAPL +2%) hit a record high today as trade tensions with China are expected to ease with the announcement of a detente this afternoon.

    Apple has a high-teens revenue exposure to China along with ample supply chain exposure.

    Meanwhile, analysts remain largely positive on the stock given the ongoing shift to services and a well received launch of its latest iPhones in the face of low expectations.

    The entry level iPhone 11 was priced to sell, which appears to be capturing pent up demand after aggressive pricing in recent iterations led to consumers holding off.

    Apple has a $1.06 trln market cap and trades at almost 19x forward earnings estimates, or ~17x backing out the net cash balance.

    Acquired APPLE USD (AAPL-USD). via ROBINHOOD at approximately 227.74. (Shares: 1) bringing the Average Price Paid (APP) to about 227.74.

    Converted 100% of the APPLE USD (AAPL-USD). Trade Money to Investment Money (Shares: 1) bringing the Average Price Paid (APP) to about 227.74.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  13. Acquired APPLE USD (AAPL-USD). via ROBINHOOD at approximately 237.19. (Shares: 1) bringing the Average Price Paid (APP) to about 237.19.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  14. AAPL has been reiterated by Barclays as a equal weight at 224.0.

    Converted 100% of the APPLE USD (AAPL-USD). Investment Money via ROBINHOOD at approximately 234.86. (Shares: 1) generating about +‭3.126372178800386% of NEW Commission FREE Cash Reserve.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  15. AAPL is “In Play”

    Apple (+1.7%) hits record high after Raymond James raised its target to a Street-high $280:

    Apple will report fourth quarter results next Wednesday, October 30.

    AAPL has been reiterated by Morgan Stanley as a overweight at 289.0.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  16. AAPL, (Trade) has been reiterated by UBS as a buy at 275.0.

    AAPL, (Trade) has been reiterated by Cascend Securities as a buy at 270.0.

    Acquired APPLE USD (AAPL-USD). via ROBINHOOD at approximately 244.55. (Shares: 1) bringing the Average Price Paid (APP) to about 240.87.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  17. AAPL IS “IN PLAY”

    Apple Fourth Quarter earnings preview

    Apple (AAPL) will report its fourth quarter earnings this afternoon at 16:30 ET. There is a conference call scheduled for 17:00 ET.

    Q4 S&P Capital IQ consensus calls for EPS of $2.84 (-2% yr/yr) on revenue of $63.07 bln (-0.2% yr/yr). As of the Q3 release, the company guided for Q4 revenue of $61-64 bln and gross margins of 37.5-38.5% vs 38.3% last year.

    The Street is expecting Q4 total gross margins to be near 37.9% and services gross margins to near 64%. Q4 iPhone revenue is expected to near $32.5 bln, -14% yr/yr.

    All eyes will be on Q1 guidance to gage demand for the iPhone 11, which was released one week before the end of the fourth quarter. S&P Capital IQ consensus calls for Q1 EPS of $4.42 (+6% yr/yr) and $86.8 bln (+3% yr/yr). The Street is expecting Q1 gross margins to be near 37.8% vs 38.0% last year. Expectations for this iPhone cycle were low ahead of the what is expected to be a 5G compatible iPhone in the fall of 2020. However, reports suggesting increased iPhone 11 component production have raised hopes for a stronger than expected iPhone 11 refresh cycle given pent up demand within the installed base. These expectations are reflected in the share price as shares have increased 9% over the last month to a new record high. Q1 will be the first quarter to include Apple Arcade and TV+.

    Investors will be watching out for any impact on the supply chain from tariffs, any color on the Qualcomm (QCOM) settlement, and any color on how the purchase of a majority stake in Intel”s (INTC) smartphone modem business will impact margins in AAPL”s iPhone business.

    As a side note, Chip supplier Taiwan Semiconductor (TSM) posted a beat on EPS and revenue when it reported earlier this month.

    Analyst Notes: Earlier this month, Longbow”s Shawn Harrison upgraded AAPL to “Buy” from “Neutral” with a new $260 price target stating, “We are upgrading AAPL to BUY and instituting a 12-month price target of $260. Given increased iPhone production to match better than forecast demand, particularly for the iPhone 11, we see AAPL beating FY4Q guidance and consensus and guiding FY1Q sales and implied EPS ahead of the Street, and the shares continuing to rally.”

    AAPL has a $1.1 trillion valuation and trades at ~19x FY20 EPS estimates. The multiple is roughly two turns lower backing out the net cash balance.

    Based on the weekly AAPL Nov01 $242.50 straddle, the options market is currently pricing in a move of ~5% in either direction by weekly expiration (Friday).

    On a positive report, look for resistance near the $249-251 area, while support sits near the $234-238 vicinity.

    Suppliers to keep on note include: SWKS, CRUS, AVGO, QRVO, TSM, and QCOM, among others (SMH); SSNLF, LPL (for displays) and LITE, FNSR and IIVI (for FaceID).

    Apple reports Q4 total gross margin of 37.9% vs 37.9% ests and guidance of 37.5-38.5%.

    AAPL, (Trade) has been reiterated by Monness Crespi & Hardt as a buy at 300.0.

    Apple”s guidance confirms the iPhone 11 is capturing pent up demand

    Apple (AAPL +2%) is standing out in a sea of red in the technology sector today after the company reported strong quarterly results.

    Apple”s stock hit a record earlier this week; with the stock up 55% year-to-date heading into the report, expectations for the results were high.

    Apple did not disappoint, reporting fourth quarter revenue above the high end of its guidance range.

    Revenue growth improved for the second consecutive quarter, to 1.8%. iPhone revenue fell 9% yr/yr but exceeded estimates. For the second quarter in a row, iPhone accounted for less than half of total revenue, as the Apple Watch, AirPods, iPads, and Services continued to sell well. iPad revenue grew 17%; Wearables, Home and Accessories grew 54%; and Services category revenue grew 18%.

    But given that Apple released its new slate of iPhones with just one week left in the quarter, first quarter guidance, which also includes the holiday season, was much more important than were fourth quarter results for those gauging the health of the new product line. Apple guided fourth quarter revenue above consensus, calling for nearly 4% growth at the midpoint.

    This report confirmed what the market already knew. The iPhone 11, which starts at $699, is capturing a lot of pent up demand within the installed base. Expectations for this cycle were low because next year”s iPhone will be the first to feature 5G network compatibility. Improvements this year are limited to a better camera and battery life.

    The market is forward looking, so investors are looking past the fact that iPhone revenue fell almost 14% in fiscal 2019. Earnings growth is expected to accelerate to 9% this year after coming in flat in fiscal 2019.

    Optimism regarding the current cycle and a bigger cycle on the horizon in 2020 make Apple”s stock appealing.

    Apple”s valuation of ~19x earnings estimates (~17x accounting for the net cash balance) represents a five-year high. The stock appears to be rerating higher amid the company”s reduced dependence on the iPhone, its shift to higher margin services and the market”s recent preference for value stocks.

    Converted 100% of Trade Money at approximately 241.79. (Shares: 2) generating about +‭0.3819% of NEW Commission FREE Cash Reserve.

    Adjusted Buy Stop to 258.03. from ASSESSING.

    Adjusted Sell Stop to ASSESSING. from 241.79.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  18. AAPL IS “IN PLAY”

    Adjusted Buy Stop to 262.63. from 258.03.

    Adjusted Sell Stop to 260.91. from ASSESSING.

    Acquired at approximately 258.03. (Shares: 1) bringing the Average Price Paid (APP) to about 258.03.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  19. AAPL IS IN PLAY

    AAPL, (Trade) has been initiated by RBC Capital Mkts as a outperform at 285.0.

    AAPL, (Trade) has been downgraded by Maxim Group as a sell at 190.0.

    AAPL, (Trade) has been reiterated by Piper Jaffray as a overweight at 290.0.

    AAPL, (Trade) has been reiterated by Wedbush as a outperform at 325.0.

    Adjusted Multiplier to 2. from 1.

    Adjusted Buy Stop to 267.78. from 262.63.

    Adjusted Sell Stop to 265.38. from 260.91.

    Acquired at approximately 262.63. (Shares: 1) bringing the Average Price Paid (APP) to about 259.47.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  20. AAPL IS IN PLAY

    AAPL, (Trade) has been reiterated by Cascend Securities as a buy at 290.0.

    Adjusted Buy Stop to 267.82. from 267.78.

    Adjusted Sell Stop to ASSESSING. from 265.38.

    Acquired at approximately 267.78. (Shares: 2) bringing the Average Price Paid (APP) to about 267.78.

    Converted 100% of Investment/Trade Money at approximately 265.38. (Shares: 2) generating about +‭2.2777% of NEW Commission FREE Cash Reserve.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  21. AAPL IS IN PLAY

    AAPL, (Trade) has been reiterated by Evercore ISI as a outperform at 305.0.

    AAPL, (Trade) has been initiated by China Renaissance as a buy at 342.0.

    AAPL, (Trade) has been reiterated by Citigroup as a buy at 300.0.

    Adjusted Multiplier to 3. from 2.

    Adjusted Buy Stop to 270.88. from 267.82.

    Adjusted Sell Stop to 268.49. from ASSESSING.

    Acquired at approximately 267.82. (Shares: 2) bringing the Average Price Paid (APP) to about 267.6975.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074//

  22. #AAPL IS IN PLAY

    Adjusted Buy Stop to ASSESSING. from 270.88.

    Adjusted Sell Stop to 279.12. from 268.49.

    Acquired at approximately 270.88. (Shares: 3) bringing the Average Price Paid (APP) to about 270.88.

    Converted 100% of Investment/Trade Money at approximately 268.49. (Shares: 4) generating about +‭0.2961% of NEW Commission FREE Cash Reserve.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  23. #AAPL IS IN PLAY

    Adjusted Sell Stop to ASSESSING. from 279.12.

    Converted 100% of Investment/Trade Money at approximately 279.12. (Shares: 3) generating about +3.042% of NEW Commission FREE Cash Reserve.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  24. Jatslo says:

    #AAPL IS IN PLAY

    Adjusted Buy Stop to 311.27. from ASSESSING.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  25. Jatslo says:

    #AAPL IS IN PLAY

    Adjusted Buy Stop to 325.72. from 311.27.

    Adjusted Sell Stop to 322.83. from ASSESSING.

    Acquired at approximately 311.27. (Shares: 3) bringing the Average Price Paid (APP) to about 311.27.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  26. jatslo says:

    #AAPL IS IN PLAY

    Adjusted Multiplier to 1. from 3.

    Adjusted Buy Stop to 257.36. from 325.72.

    Adjusted Sell Stop to ASSESSING. from 322.83.

    Converted 100% of Investment/Trade Money at approximately 322.83. (Shares: 3) generating about +3.7139% of NEW Commission FREE Cash Reserve.

    OPTIONS ASSESSMENT:
    AAPL JUN 17 2022 $485.00 CALL
    AAPL JUN 17 2022 $135.00 PUT

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074/

  27. Jatslo says:

    #AAPL IS IN PLAY

    Adjusted Multiplier to 3. from 1.

    Adjusted Buy Stop to ASSESSING. from 257.36.

    Acquired at approximately 257.36. (Shares: 1) bringing the Average Price Paid (APP) to about 257.36.

    OPTIONS ASSESSMENT:
    AAPL JUN 17 2022 $115.00 PUT
    AAPL JUN 17 2022 $485.00 CALL

    https://www.facebook.com/groups/493863300973045/?post_id=882279638798074

  28. #AAPL IS IN PLAY

    Multiplier (X) to 0.262471. from 3.000000.

    Buy Stop Limit (BSL) to 375.28. from ASSESSING.

    Sell Stop Limit (SSL) to 369.82. from ASSESSING.

    Converted Trade (T) to Investment (I) (Share: 1) bringing the Average Price Paid (APP) to about 257.36.

    Just to reiterate, I placed the following order(s):
    + Buy 1. Shares @ 375.28; Limit: 375.28. & Stop: 375.27.
    – Sell 1. Shares @ 369.82; Limit 369.82. & Stop: 369.83.

    https://www.facebook.com/groups/493863300973045/?post_id=882279638798074

  29. #AAPL IS IN PLAY

    Multiplier (X) to 0.478297. from 0.262471.

    Buy Stop Limit (BSL) to 441.06. from 375.28.

    Sell Stop Limit (SSL) to . from 369.82.

    Converted Cash Reserve (CR) to Trade (T) at approximately 375.28. (Share: 1) bringing the Average Price Paid (APP) to about 375.28.

    Converted Trade (T) to Investment (I) (Share: 1) bringing the Average Price Paid (APP) to about 375.28.

    Converted Investment (I) to Cash Reserve (CR) at approximately 369.82. (Share: 1) generating about +43.70% ROI (Return on Investment).

    Just to reiterate, I placed the following order(s):
    + Buy 1. Shares @ Limit Price: 441.06.
    – Sell 1. Shares @ Limit Price: 435.55.

    https://www.facebook.com/groups/493863300973045/?post_id=882279638798074

  30. #AAPL IS IN PLAY

    Multiplier (X) to 1.646878. from 0.478297.

    Buy Stop Limit (BSL) to 128.10. from 441.06.

    Sell Stop Limit (SSL) to 120.50. from 435.55.

    Just to reiterate, I placed the following order(s):
    + Buy 1. Shares @ Limit Price: 128.10.
    – Sell 4. Shares @ Limit Price: 120.50.

    **Executed a 4 for 1 forward split**

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074

  31. #AAPL IS IN PLAY

    Multiplier (X) to 2.593112. from 1.646878.

    Buy Stop Limit (BSL) to 122.51. from 128.10.

    Sell Stop Limit (SSL) to ASSESSING. from 120.50.

    Converted Investment (I) to Cash Reserve (CR) at approximately 120.50. (Share: 4) generating about +28.44% ROI (Return on Investment).

    Just to reiterate, I placed the following order(s):
    + Buy 2. Shares @ Limit Price: 122.51.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074

  32. #AAPL IS IN PLAY

    Multiplier (X) to 2.759949. from 2.593112.

    Buy Stop Limit (BSL) to 115.10. from 122.51.

    Just to reiterate, I placed the following order(s):
    + Buy 2. Shares @ Limit Price: 115.10.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074

  33. #AAPL IS IN PLAY

    Multiplier (X) to 2.754636. from 2.759949.

    Buy Stop Limit (BSL) to 115.33. from 115.10.

    Converted Cash Reserve (CR) to Trade (T) at approximately 115.10. (Share: 2) bringing the Average Price Paid (APP) to about 115.10.

    Just to reiterate, I placed the following order(s):
    + Buy 2. Shares @ Limit Price: 115.10.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074

  34. #AAPL IS IN PLAY

    Multiplier (X) to 2.719315. from 2.754636.

    Buy Stop Limit (BSL) to ASSESSING. from 115.33.

    Sell Stop Limit (SSL) to 116.82. from ASSESSING.

    Converted Cash Reserve (CR) to Trade (T) at approximately 115.33. (Share: 2) bringing the Average Price Paid (APP) to about 115.2150.

    Converted Trade (T) to Investment (I) (Share: 4) bringing the Average Price Paid (APP) to about 115.2150.

    Just to reiterate, I placed the following order(s):
    – Sell 4. Shares @ Limit Price: 116.82.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074

  35. #AAPL IS IN PLAY

    Multiplier (X) to 2.731676. from 2.719315.

    Buy Stop Limit (BSL) to 118.65. from ASSESSING.

    Sell Stop Limit (SSL) to ASSESSING. from 116.82.

    Converted Investment (I) to Cash Reserve (CR) at approximately 116.82. (Share: 4) generating about +1.39% ROI (Return on Investment).

    Just to reiterate, I placed the following order(s):
    + Buy 2. Shares @ Limit Price: 118.65.

    https://www.facebook.com/groups/493863300973045/permalink/882279638798074

  36. #AAPL IS IN PLAY

    Multiplier (X) to 2.480741. from 2.731676.

    Buy Stop Limit (BSL) to 126.68. from 118.65.

    Sell Stop Limit (SSL) to 126.29. from XIIMM.

    Converted Cash Reserve (CR) to Trade (T) at approximately 118.65. (Share: 2) bringing the Average Price Paid (APP) to about 118.65.

    Converted Trade (T) to Investment (I) (Share: 2) bringing the Average Price Paid (APP) to about 118.65.

    Just to reiterate, I placed the following order(s):
    + Buy 2. Shares @ Limit Price: 126.68.
    + Sell 2. Shares @ Limit Price: 126.29.

    Data:
    http://xiimm.net/collective/2021/01/06/apple-usd-aapl-usd/

    Graphics:
    http://xiimm.net/collective/aapl/

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