Thursday, 17 January, 2019

Apple Inc.(Nasdaq:AAPL): 3 Risks To Apple's (AAPL) Stock in 2019

Tim Cook blamed an economic downturn in China Save Save Tim Cook blamed an economic downturn in China Credit Getty Im
Orlando Vargas | 06 January, 2019, 20:10

"While macroeconomic challenges in some markets were a key contributor to this trend, we believe there are other factors broadly impacting our iPhone performance, including consumers adapting to a world with fewer carrier subsidies, U.S. dollar strength-related price increases, and some customers taking advantage of significantly reduced pricing for iPhone battery replacements".

Tariffs on imported smartphones, a ban on Apple Stores in India and the weakness of the Indian rupee against the United States dollar have hobbled the Silicon Valley giant. There are some indications from China that they're looking at that, but we don't know that yet.

While the iPhone had continued to generate major revenue growth for Apple in previous quarters, that had mostly come thanks to the higher prices being charged for the OLED models in the lineup such as the iPhone X, iPhone XS and iPhone XS Max. CEO Tim Cook described that effort as having "gone well".

Many analysts and investors had anxious about a slowdown in iPhone sales since the company said in November it would stop disclosing unit sales data for its phones and other hardware products.

Hall also expects Apple stocks to plummet to $140 - $42 lower than his original prediction - due in part to issues around China.

"It's not going to be just Apple", Kevin Hassett, chairman of the White Council of Economic Advisers, told CNN Thursday.

Arsenal's Aaron Ramsey edging closer to Juventus move
Now, Arsenal head coach Unai Emery has been asked whether he knows if there is any truth in these reports . Arsenal however appear to be preparing for Ramsey's departure, whether it comes sooner rather than later.


Company voluntarily recalls blood pressure medication over cancer concerns
The recall notification states that the pills contain above the daily accepted levels of N-nitrosodiethylamine (NDEA). To date, there haven't been any reports of adverse reactions to the medications related to this recall.


Teacher and businessman revealed as winners of £115m EuroMillions jackpot
Frances, who worked for an online magazine, said: "I've wanted to do my PhD in clinical psychology and I can afford to do it now". The winning EuroMillions numbers were 1, 8, 11, 25, 28 and the winning EuroMillions Lucky Star numbers were 4 and 6.


The move would allow Apple to avoid the country's heavy import taxes on iPhones, potentially making them cheaper for Indian customers. DA Davidson restated a "buy" rating and issued a $265.00 target price (up previously from $230.00) on shares of Apple in a research note on Wednesday, September 5th. What's more, the company has set aside $100 billion for stock buy-back purposes. In November, the Cupertino, California-based company said it would quit disclosing unit sales data for iPhones and other hardware items, leading many analysts to worry that a drop in iPhone sales was coming. He added that overall, "consumption growth" is slowing down across China. In India, however, there's still huge potential: roughly 900 million people have yet to buy a smartphone.

Apple said at the time that it wanted to reduce investor focus on its iPhone division and instead highlight other promising areas of its business, including its services division that sells subscriptions for music streaming, collects app-related commissions and repairs malfunctioning devices.

"I am a big believer in India". "I fully expect that, at some point, they will agree to allow us to bring our stores into the country".

Kit Juckes, strategist at Societe Generale, wrote in a note to clients this morning that Apple news is "feeding fears of slower global growth and further risk aversion". "It must continue focusing on offering cheaper products to gain meaningful market share". The Apple brand is extremely strong - Interbrand, for example, names it the most valuable brand on the planet.

Some analysts said Apple erred in boosting the price of its new iPhones to well over $1,000 in a global smartphone market that is largely saturated and facing tougher competition. The correct version of this story can be read at https://www.modernreaders.com/news/2019/01/05/investors-buy-apple-aapl-on-weakness-after-analyst-downgrade.html.

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