As
soon as Apple's third quarter results are announced, hours later, investors
will look at Apple's most recent products, such as iPhone X, and how its output
has affected the company's performance and sales.
In
addition to the fact that many investors want the view of the company's
managers in the current events between the United States and China, will it
affect negatively or positively on the company's future performance
The
company is currently awaiting third-quarter results, which Bloomberg expects
will be $ 52.3 billion. This coincides with annual growth rates of 15% per year
and is the highest for the third quarter since 2015.
As
for other products, analysts expect the expansion of Apple's digital watch to
lead the company to further expansion and sales, which means an increase in
annual revenue and growth rates
IPhone
look
Apple
was able to sell nearly 42 million iPhone in the third quarter alone, which
shows the size of the company's huge sales at the moment and is in line with
the current share price, although many investors have seen that the price is
higher than its fair value as we have reported However, the company's sales of
the iPhone product far exceeded expectations, Apple's sales were higher than
last year by almost 2%, referring to the current high growth of Apple, which
also increases investor confidence in the current board of directors .
As
for iPhone X, analysts expect the company to grow by about 17% in the future
due to the rise in the average price of iPhone to $ 1000, after the average of
$ 700 in previous years.
What
is strange now is that iPhone sales are still good and high at the moment,
although the announcement of the new iPhone will be announced in September,
reflecting the high demand for the company's products.
Investors
and analysts are looking closely at how the new iPhone announcement will affect
the company's performance, with analysts expecting Bloomberg to have a
fourth-quarter profit of close to $ 59.5 billion, or 15% growth year on year.
"The
current profit rate is expected to be 3 percent and the next quarter will be 1
percent and low or almost non-existent next year," said Jenny Manster, an
analyst with a strong interest in Apple.
The
company's vision is to invest approximately $ 50 billion in the coming years.
Analysts expect revenues of nearly $ 9 billion in revenues, and the company is
currently focusing on products other than iPhones. This is evident in the
development of Apple's software program, Apple music) the number of recordings
has increased strongly in recent periods.
The
impact of trade war with China on the company
In
light of all this effort from the company's managers to get the company to the
best of what can be in the current periods always come to the ship in a way
that does not crave the souls, the US administration is about to declare a
trade war with China, which could have a strong impact on Apple because
Products such as iPhone and iPad are designed in the United States but are
assembled in factories located within China
So
many investors are looking at influencing the performance of the company and
its interests now in light of these trade tensions at the global level and
whether it will affect negatively or positively.
The
tariff, which was reported by CEO Tim Cook, said he had spoken at the beginning
of the year with the US president about tariffs and that it was not a good way
to deal with the company's products.
Analysts and
journalists will certainly be asked hours after this report about what will
happen between the US and China and whether this will affect the company's
products or not.
Apple is now
worth nearly $ 935 billion, which investors expect the company to expect if the
results of its third-quarter announcement are good, will be the first company
to reach $ 1 trillion in the United States, a new record to penetrate Apple
under the strong start of it Which paid Warren Buffett to invest 75 million
shares in the company to keep Berkshire Hathaway's biggest investment
Future of the
company
It is clear
that the founder of Apple has left him a very good management and was able to
reach the company to under trillion dollars, although there are other companies
such as Amazon, Google and Microsoft are also very close to the trillion
dollars now that the challenge was to any of the companies will arrive before
the other in the corridors Wall Street, the future of the company looks very
good right now, and it is very likely that the company will continue to win the
products and management smart.
Technical
Vision:
The price of
the stock has entered a minor corrective movement over the past two days and
the price is likely to see a little bit of a drop from current levels but the
general trend is still bullish, with no signs of reversal. Purchase timing.
In the long
run, the stock performance is very good as the bullish trend of the stock
prices is strong despite the many downward movements which are corrective
movements, but the trend is still good if there is no violent movements with
the announcement of the results of the third quarter after hours and will
follow the price movements in the coming period
• There is only a
scenario likely to occur before the uptrend continues to enter a corrective
correction as a result of the recent channel, which indicates a slight bullish
momentum
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