Moonbyul personal page - To The Moon

Moonbyul

Moonbyul

Profile：I have been a trader since 2007.

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04-13

$Apple(AAPL)$ Apple need to come out the iPhone 16 with AI 🤖 to boost their Apple stock price 👍🏻.

03-21

Can't wait to see if Apple will include AI 🤖 in IPhone 16 📱👍🏻

Apple: My Dark Horse Of The Magnificent 7 Could Lead The Pack In The Second Half

03-11

Hopefully the iphone 16 they will have AI install in it.

Apple: Losing Its Mojo?

2023-12-15

2023-12-15

2023-09-18

Apple stock for long term investment 👍🏻

Apple Stock To Climb 38%: The Ultra-Bullish Case Explained

2023-03-28

A good article 👍🏻

Deutsche Bank $42 Trillion Derivatives Book: A Snowflake Away From Financial Meltdown?

2023-02-24

That is great for Apple to have another revenue for the company 👍🏻

Apple's Secret Plans to Dominate (Another) $16 Billion Market

2023-01-17

That is great news for apple New chips 👍🏻

Apple Announces New Macs With Its Most Powerful Chips yet

2023-01-11

If Apple stock drop to below $100 I will buy more of it 👍🏻

Sorry, the original content has been removed

2023-01-05

Yes agree that Apple is slowing down now. it will go back up 🆙 again 👍🏻🍎

Apple Price Target Cut At Wedbush But Firm Sees Resilient Demand

2022-12-20

Apple stocks is a long term investment 🍎👍🏻

Apple Investors’ Loyalty Is Rewarded With a $454 Billion Gift

2022-11-30

Yes Apple 🍎 stock long term investment 👍🏻

Is Apple a Must-Own Stock in 2023?

2022-11-29

Well done for Apple Pay 👍🏻

Apple Pay Is on Fire This Holiday Season

2022-11-23

A very good article 👍🏻

Apple: The Last FANG Standing

2022-11-23

Congratulations to Tiger 🐯. Keep up the good work 👍🏻

UP Fintech Posts US$55.41 Million for 2022 Q3 Revenue

2022-11-17

It about time they change it 👍🏻

Apple Analyst Sees All 2023 iPhones Switching To USB-C

2022-11-11

Looking forward to see Apple stock value at US$2.5 Trillion Company 🍎👍🏻

Apple’s $191 Billion Single-Day Surge Sets Stock-Market Record

2022-11-04

Wait for apple stock to drop, before buying more👍🏻

Apple: Time To Reset Expectations

2022-09-30

Drop more buy more Apple stock 👍🏻

Apple’s Ugly Day Wipes Out $120 Billion, Spills Over Big Tech

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> Apple need to come out the iPhone 16 with AI 🤖 to boost their Apple stock price 👍🏻.&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> Apple need to come out the iPhone 16 with AI 🤖 to boost their Apple stock price 👍🏻.&nbsp;","text":"$Apple(AAPL)$ Apple need to come out the iPhone 16 with AI 🤖 to boost their Apple stock price 👍🏻.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":26,"commentSize":2,"repostSize":6,"link":"https://ttm.financial/post/294719411408984","isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":8,"crmLevelSwitch":1},"content":"stay out of apple for me and buy Xiaomi for me $XIAOMI-W(01810)$","text":"stay out of apple for me and buy Xiaomi for me $XIAOMI-W(01810)$","html":"stay out of apple for me and buy Xiaomi for me $XIAOMI-W(01810)$"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":286382620254368,"gmtCreate":1710952448420,"gmtModify":1710952452250,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Can't wait to see if Apple will include AI 🤖 in IPhone 16 📱👍🏻","listText":"Can't wait to see if Apple will include AI 🤖 in IPhone 16 📱👍🏻","text":"Can't wait to see if Apple will include AI 🤖 in IPhone 16 📱👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286382620254368","repostId":"2420221833","repostType":2,"repost":{"id":"2420221833","pubTimestamp":1710862077,"share":"https://www.laohu8.com/m/news/2420221833?lang=&edition=full","pubTime":"2024-03-19 23:27","market":"us","language":"en","title":"Apple: My Dark Horse Of The Magnificent 7 Could Lead The Pack In The Second Half","url":"https://stock-news.laohu8.com/highlight/detail?id=2420221833","media":"seekingalpha","summary":"Apple's stock has declined by 7.01% in 2024, while other tech giants have seen positive growth.Despite some risks and missed opportunities, Apple is starting 2024 with strong profitability and growth ","content":"<html><head></head><body><ul style=\"\"><li><p>Apple&#39;s stock has declined by 7.01% in 2024, while other tech giants have seen positive growth.</p></li><li><p>Despite some risks and missed opportunities, Apple is starting 2024 with strong profitability and growth potential.</p></li><li><p>Apple&#39;s innovation and focus on AI, combined with hardware sales and increased services subscriptions, could lead to future success and increased shareholder value.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/841d11cc18e9ecc18b74684b7b996ce8\" tg-width=\"750\" tg-height=\"481\"/></p><p>ozgurdonmaz</p><p>Some questions have been answered, while others remain unanswered about Apple (NASDAQ:AAPL) and the market. While AAPL was once the foundation that kept the market afloat, in 2024, we learned that the market could go higher without participation from AAPL. Some had wondered when an AAPL car would hit the market, and several weeks ago, AAPL announced that the electric vehicle project would be canceled and resources from Project Titan would be redirected to focus on artificial intelligence (AI) initiatives. </p><p>AAPL shares have declined by 7.01% in 2024 while 5 of the Magnificent 7 are in positive territory, and the SPDR S&amp;P 500 Trust (SPY) is up 7.87% this year. APPL shares are currently caught in a drawdown of -13.53% from their recent highs of $199.62. I think the current sell-off is an opportunity, and while shares could continue lower, I feel AAPL could be the Dark Horse that comes out of nowhere in the 2nd half of 2024 to lead the pack. AAPL is coming off its 2nd most profitable year, and the 2024 fiscal year is starting off stronger than 2023. I don’t believe AAPL’s best days are behind them, and I will be adding to my position as shares decline as I see a long-term opportunity in their ability to change the technology sector.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d66ea2e2c860d3bae2c1d9b89cb7b52\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"333\"/><span>Seeking Alpha</span></p><h2 id=\"id_1915660148\">Following up on my previous Apple Article</h2><p>AAPL shares have cooled off since my last article was published on 11/6/23 (can be read here). Since then, shares have declined by -2.13%, which underperformed the market as the S&amp;P has appreciated by 17.25%. The total return after AAPL’s dividend in this period is -1.88%, as AAPL hasn’t participated in the recent leg of the rally. In that article, I discussed why the negative top-line growth wasn’t a problem for me, as I was more focused on AAPL’s profitability and the ability to grow its EPS. We have seen this before from AAPL as revenue declined YoY in 2019 before a massive 3-year spurt. I am not a short-term investor, and in many cases, my investment horizon is based on a 5–10-year outlook. I wanted to follow up with a new AAPL article because a lot of news has been released, AAPL is starting 2024 out in a stronger position than they did in 2023, and I think AAPL is setting up for another growth spurt over the next several years. Shares of AAPL could decline further, but ultimately, I believe AAPL could be a Dark Horse in the Magnificent 7, and the back half of the year may shock some investors.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/78a248c52a33a853a79d8f54426821fd\" tg-width=\"640\" tg-height=\"199\"/></p><p>Seeking Alpha</p><h2 id=\"id_646524490\">The risks to investing in Apple</h2><p>Risk and AAPL aren’t frequently used in the same sentence, but every investment comes with some type of risk, even the mighty AAPL. We have seen opportunity cost as a risk in recent months as investing in a standard S&amp;P 500 index fund has drastically outperformed individual shares of AAPL since November. There is also a different type of opportunity cost, which falls on the shoulders of Tim Cook and the executive leadership at AAPL. I don’t think anyone is going to complain about AAPL spending billions on Project Titan only to cancel the project, but this certainly diverted resources away from other areas, both monetary and in human capital. AAPL isn’t a player in the public cloud space, and while they have cloud storage for users, they don’t have an enterprise-level solution the way Microsoft (MSFT) has Azure or Amazon (AMZN) has AWS. AAPL also hasn’t allocated enough resources to date to be a frontrunner in AI, and the opportunity cost for AAPL is that a significant amount of time has been lost, and the competition is embedded throughout these markets. AAPL is also facing lawsuits, and depending on how things shape up with the AAPL store, we could see both AAPL and Alphabet (GOOGL) incur a loss of revenue from in-app purchases. The main risk now is that AAPL has hit its peak and is going to tread water to maintain its current position rather than replicating the innovation that made it the largest company in the world.</p><h2 id=\"id_1184640248\">Apple is setting the tone with the offence, and 2024 is starting off strong</h2><p>When you purchase a share of common stock, you’re an equity owner in a company. It doesn’t matter if you purchase a fractional share, a whole share, or 10,000 shares, the equity that you purchase represents a portion of the revenue and earnings the company purchases. At today’s prices, you’re paying $172.62 per share, which is the current value for all the future cash flow AAPL will generate. AAPL is the most profitable company in the market, followed by Berkshire Hathaway (BRK.B), and while it looks like a risk on the environment is emerging in anticipation of entering a lower-rate environment, AAPL is setting the tone for 2024 with immense profitability.</p><p>When I purchase shares in a company, I look at it as owning the underlying entity and the cash-producing operations as 2 separate aspects. When you purchase shares of AAPL, you’re buying in a company that has $40.76 billion in cash, and $32.34 billion in short-term marketable securities, which places their on-hand liquidity at $73.1 billion. Then there is another $99.48 billion in marketable securities under its long-term assets, which brings its total current and non-current cash position to $172.58 billion. There is another $180.94 billion in assets on the balance sheet, and when the liabilities are deducted, the amount of shareholder equity left is $74.1 billion. AAPL has $95.09 billion in term debt on its balance sheet, and while they could write a check and eliminate it tomorrow, its profitability allows them to pay it down as it matures and incur the interest as the cost of doing business due to their level of profitability.</p><p>After looking at the balance sheet, AAPL’s operating business generated $383.29 billion in revenue for the 2023 fiscal year. AAPL produced $169.15 billion in gross profit for a gross profit margin of 44.13%, and after their operating expenses are considered, AAPL is operating at a 29.82% operating margin as its operating income came in at $114.3 billion. The amount of debt on AAPL’s balance sheet doesn’t matter since they generated $125.82 billion in EBITDA, which works out to $2.42 billion in EBITDA per week. To put that into perspective, AAPL is generating more in EBITDA on a weekly basis than many companies produce in a quarter or in some cases, their entire fiscal year. After all the interest expenses and corporate taxes are factored in, AAPL generated $97 billion in net income for 2023, which is $1.87 billion per week in pure profitability. This is why I wish more investors would look past the headlines and look into the financial statements further. Unless you’re a trader or swing investor, selling off AAPL as a long-term investor doesn’t make a lot of sense.</p><p>I am still perplexed as to why investors are losing faith in AAPL after they set the tone with the offense for 2024. In the first quarter of the 2024 fiscal year, AAPL delivered growth across the board from the top line to the bottom line. AAPL generated $119.58 billion in revenue, which was a YoY increase of 2.07% ($2.42 billion). AAPL increased its gross profit by 8.99% ($4.52 billion) YoY to $54.86 billion, which put its gross profit margin at 45.87%. Looking at the bottom line, AAPL delivered a jump of 13.06% ($3.92 billion) in net income YoY to $33.92 billion. On a per-share basis, AAPL was able to grow its basic EPS by $0.30 or 15.87% YoY to $2.19 in Q1.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/caef0da7ce44c74550760e2b02a8fb03\" tg-width=\"640\" tg-height=\"285\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p></p><p>The combination of AAPL’s increased profitability and analyst forward estimates has put AAPL closer to a value play. AAPL is trading at 26.31 times their projected 2024 earnings, which is the 3rd lowest valuation in the Magnificent 7. The average forward multiple for the Magnificent 7’s 2024 forward earnings is 33.72 times, which is significantly under AAPL. Looking out to 2026, AAPL trades at 22.19 times their 2026 earnings. If shares of AAPL continue to decline in value and AAPL beats earnings estimates over the next several quarters, then shares could end up trading at less than 20 times their 2026 forward earnings. AAPL has roughly 18.6% of EPS growth on the horizon over the next 2 years, and after setting the tone with the offense in Q1, I think shares look very attractive.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fc2a96ad2a482069a5918790c25d9a30\" tg-width=\"640\" tg-height=\"140\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ec9138c3678137f56f1f0c4f0d5cf590\" tg-width=\"640\" tg-height=\"244\"/></p><p>Seeking Alpha</p><h2 id=\"id_2921352569\">Apple’s innovation isn’t over and I believe they will replicate what they did with Services through a combination of investments, AI, and the Apple Vision Pro</h2><p>I don’t feel that the Services business gets enough credit as AAPL has done a fantastic job at generating a reoccurring revenue stream that is on pace to generate $100 billion in 2025. Over the past 6 years, AAPL has increased its Q1 Services revenue by $13.99 billion (153.23%) as its increased from $9.13 billion to $23.12 billion. In 2023, the annualized services revenue increased by 9.05% or $7.07 billion YoY, and in 2024, AAPL is starting out the year by producing 27.13% of its 2023 services revenue in Q1. In the past 6 years, there has only been 1 time where Q4 revenue generated from Services didn’t exceed Q1. Services have become a critical component of AAPL’s revenue mix as it is helping diversify away from generating the majority of revenue from iPhone sales.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/77834e138b7790daf25ca7c327725464\" tg-width=\"640\" tg-height=\"358\"/></p><p>Steven Fiorillo, Apple</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8340a6247701b7fcd5e3a1e96e9d6ba8\" tg-width=\"640\" tg-height=\"396\"/></p><p>Steven Fiorillo, Apple</p><p>AAPL delivered the Apple Vision Pro and recently acquired a Canadian startup company DarwinAI, after announcing it would redirect resources from Project Titan to their AI initiatives. AAPL’s upcoming WWDC conference in June is rumoured to focus on generative AI as AAPL could announce new AI tools as part of iOS 18 and a revamped version of SIRI. To think AAPL doesn’t have the ability to innovate the computing space further is a bit shortsighted, considering they have revolutionized the smartphone industry and mobile computing through their tablets. AAPL generates close to $100 billion in annualized profits and has more than $170 billion in liquidity on their balance sheet. AAPL has the means and the engineering proficiency to drive the narrative in future computing.</p><p>I believe the next leg of AAPL’s expansion will be through a combination of hardware sales and increased Services subscriptions. Over the next several years, I see the Apple Vision Pro becoming the size of a pair of Oakley or Ray-Ban sunglasses powered by the iPhone. I think AAPL may acquire brands such as <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> (WBD) and the Madison Square Garden Sports Corp. (MSGS) for the content libraries and to take these pieces off the table. I think AAPL could get into live sports and expand their Apple TV offerings considerably with acquisitions such as these, as well as sell virtual season tickets to the Knicks and Rangers through Apple Vision Pro. In its current form, it’s just too big, but nobody has a problem wearing glasses for most of the day. I think that mixed reality and virtual computing will lead to increased hardware sales and recurring Services subscriptions for AAPL.</p><p>The next wave of computing could fuel a jump in revenue and profitability the way that we saw in AAPL’s 2021 fiscal year. This could lead to a larger return of capital and more acquisitions in AAPL’s future. Since the 2012 fiscal year, AAPL has returned $839.2 billion to shareholders, of which $651.4 billion was allocated toward buybacks. Over the past decade, AAPL has repurchased 34.1% of its shares outstanding as they decreased the float by 8 billion shares. I don’t think AAPL is going to sit out of the bull market much longer, but they will figure out a way to embed AI into their products and transcend screens in computing. When I think about all of the information that AAPL has on its consumers, I think we will see an evolution in SIRI that allows consumers to harness AI, and they may even create service packages for different types of assistant programs.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f5e7f34aac9a66a30a60dc9d71b19c77\" tg-width=\"640\" tg-height=\"363\"/></p><p>Apple</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c4e29d7e752db2a4169c32b481244692\" tg-width=\"640\" tg-height=\"288\"/></p><p>Steven Fiorillo, Seeking Alpha</p><h2 id=\"id_2554963169\">Conclusion</h2><p>As investors have gravitated toward companies such as AMZN, Nvidia (NVDA), and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META), AAPL has been left out of the recent rally as shares are in the red to start 2024. While many are writing AAPL off, I think AAPL could be the Magnificent 7’s dark horse in 2024 that investors don’t see coming. Now that the aspirations of a self-driving EV are finished, AAPL can deploy its resources to the next generation of computing and AI. While shares could get cheaper, I think paying 26.31 times 2024 earnings and 22.19 times 2026 earnings for AAPL will prove to be a solid long-term investment. AAPL already has the consumer-level infrastructure for AI, and I think they will deliver in a big way over the next several years. AAPL will likely keep buying back tens of billions worth of shares each quarter, and as they increase their operational earnings, they will likely beat analyst estimates. Once again, the street could place AAPL on a pestle. I think we will see a second-half rally after the upcoming WWDC conference, and these prices will prove to be a gift over the long term.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: My Dark Horse Of The Magnificent 7 Could Lead The Pack In The Second Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: My Dark Horse Of The Magnificent 7 Could Lead The Pack In The Second Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-19 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4678794-apple-stock-dark-horse-magnificent-7-could-lead-pack-in-second-half><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple's stock has declined by 7.01% in 2024, while other tech giants have seen positive growth.Despite some risks and missed opportunities, Apple is starting 2024 with strong profitability and growth ...</p>\n\n<a href=\"https://seekingalpha.com/article/4678794-apple-stock-dark-horse-magnificent-7-could-lead-pack-in-second-half\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4535":"淡马锡持仓","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4538":"云计算","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","AAPL":"苹果","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","BK4532":"文艺复兴科技持仓","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","BK4108":"电影和娱乐"},"source_url":"https://seekingalpha.com/article/4678794-apple-stock-dark-horse-magnificent-7-could-lead-pack-in-second-half","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2420221833","content_text":"Apple's stock has declined by 7.01% in 2024, while other tech giants have seen positive growth.Despite some risks and missed opportunities, Apple is starting 2024 with strong profitability and growth potential.Apple's innovation and focus on AI, combined with hardware sales and increased services subscriptions, could lead to future success and increased shareholder value.ozgurdonmazSome questions have been answered, while others remain unanswered about Apple (NASDAQ:AAPL) and the market. While AAPL was once the foundation that kept the market afloat, in 2024, we learned that the market could go higher without participation from AAPL. Some had wondered when an AAPL car would hit the market, and several weeks ago, AAPL announced that the electric vehicle project would be canceled and resources from Project Titan would be redirected to focus on artificial intelligence (AI) initiatives. AAPL shares have declined by 7.01% in 2024 while 5 of the Magnificent 7 are in positive territory, and the SPDR S&P 500 Trust (SPY) is up 7.87% this year. APPL shares are currently caught in a drawdown of -13.53% from their recent highs of $199.62. I think the current sell-off is an opportunity, and while shares could continue lower, I feel AAPL could be the Dark Horse that comes out of nowhere in the 2nd half of 2024 to lead the pack. AAPL is coming off its 2nd most profitable year, and the 2024 fiscal year is starting off stronger than 2023. I don’t believe AAPL’s best days are behind them, and I will be adding to my position as shares decline as I see a long-term opportunity in their ability to change the technology sector.Seeking AlphaFollowing up on my previous Apple ArticleAAPL shares have cooled off since my last article was published on 11/6/23 (can be read here). Since then, shares have declined by -2.13%, which underperformed the market as the S&P has appreciated by 17.25%. The total return after AAPL’s dividend in this period is -1.88%, as AAPL hasn’t participated in the recent leg of the rally. In that article, I discussed why the negative top-line growth wasn’t a problem for me, as I was more focused on AAPL’s profitability and the ability to grow its EPS. We have seen this before from AAPL as revenue declined YoY in 2019 before a massive 3-year spurt. I am not a short-term investor, and in many cases, my investment horizon is based on a 5–10-year outlook. I wanted to follow up with a new AAPL article because a lot of news has been released, AAPL is starting 2024 out in a stronger position than they did in 2023, and I think AAPL is setting up for another growth spurt over the next several years. Shares of AAPL could decline further, but ultimately, I believe AAPL could be a Dark Horse in the Magnificent 7, and the back half of the year may shock some investors.Seeking AlphaThe risks to investing in AppleRisk and AAPL aren’t frequently used in the same sentence, but every investment comes with some type of risk, even the mighty AAPL. We have seen opportunity cost as a risk in recent months as investing in a standard S&P 500 index fund has drastically outperformed individual shares of AAPL since November. There is also a different type of opportunity cost, which falls on the shoulders of Tim Cook and the executive leadership at AAPL. I don’t think anyone is going to complain about AAPL spending billions on Project Titan only to cancel the project, but this certainly diverted resources away from other areas, both monetary and in human capital. AAPL isn’t a player in the public cloud space, and while they have cloud storage for users, they don’t have an enterprise-level solution the way Microsoft (MSFT) has Azure or Amazon (AMZN) has AWS. AAPL also hasn’t allocated enough resources to date to be a frontrunner in AI, and the opportunity cost for AAPL is that a significant amount of time has been lost, and the competition is embedded throughout these markets. AAPL is also facing lawsuits, and depending on how things shape up with the AAPL store, we could see both AAPL and Alphabet (GOOGL) incur a loss of revenue from in-app purchases. The main risk now is that AAPL has hit its peak and is going to tread water to maintain its current position rather than replicating the innovation that made it the largest company in the world.Apple is setting the tone with the offence, and 2024 is starting off strongWhen you purchase a share of common stock, you’re an equity owner in a company. It doesn’t matter if you purchase a fractional share, a whole share, or 10,000 shares, the equity that you purchase represents a portion of the revenue and earnings the company purchases. At today’s prices, you’re paying $172.62 per share, which is the current value for all the future cash flow AAPL will generate. AAPL is the most profitable company in the market, followed by Berkshire Hathaway (BRK.B), and while it looks like a risk on the environment is emerging in anticipation of entering a lower-rate environment, AAPL is setting the tone for 2024 with immense profitability.When I purchase shares in a company, I look at it as owning the underlying entity and the cash-producing operations as 2 separate aspects. When you purchase shares of AAPL, you’re buying in a company that has $40.76 billion in cash, and $32.34 billion in short-term marketable securities, which places their on-hand liquidity at $73.1 billion. Then there is another $99.48 billion in marketable securities under its long-term assets, which brings its total current and non-current cash position to $172.58 billion. There is another $180.94 billion in assets on the balance sheet, and when the liabilities are deducted, the amount of shareholder equity left is $74.1 billion. AAPL has $95.09 billion in term debt on its balance sheet, and while they could write a check and eliminate it tomorrow, its profitability allows them to pay it down as it matures and incur the interest as the cost of doing business due to their level of profitability.After looking at the balance sheet, AAPL’s operating business generated $383.29 billion in revenue for the 2023 fiscal year. AAPL produced $169.15 billion in gross profit for a gross profit margin of 44.13%, and after their operating expenses are considered, AAPL is operating at a 29.82% operating margin as its operating income came in at $114.3 billion. The amount of debt on AAPL’s balance sheet doesn’t matter since they generated $125.82 billion in EBITDA, which works out to $2.42 billion in EBITDA per week. To put that into perspective, AAPL is generating more in EBITDA on a weekly basis than many companies produce in a quarter or in some cases, their entire fiscal year. After all the interest expenses and corporate taxes are factored in, AAPL generated $97 billion in net income for 2023, which is $1.87 billion per week in pure profitability. This is why I wish more investors would look past the headlines and look into the financial statements further. Unless you’re a trader or swing investor, selling off AAPL as a long-term investor doesn’t make a lot of sense.I am still perplexed as to why investors are losing faith in AAPL after they set the tone with the offense for 2024. In the first quarter of the 2024 fiscal year, AAPL delivered growth across the board from the top line to the bottom line. AAPL generated $119.58 billion in revenue, which was a YoY increase of 2.07% ($2.42 billion). AAPL increased its gross profit by 8.99% ($4.52 billion) YoY to $54.86 billion, which put its gross profit margin at 45.87%. Looking at the bottom line, AAPL delivered a jump of 13.06% ($3.92 billion) in net income YoY to $33.92 billion. On a per-share basis, AAPL was able to grow its basic EPS by $0.30 or 15.87% YoY to $2.19 in Q1.Steven Fiorillo, Seeking AlphaThe combination of AAPL’s increased profitability and analyst forward estimates has put AAPL closer to a value play. AAPL is trading at 26.31 times their projected 2024 earnings, which is the 3rd lowest valuation in the Magnificent 7. The average forward multiple for the Magnificent 7’s 2024 forward earnings is 33.72 times, which is significantly under AAPL. Looking out to 2026, AAPL trades at 22.19 times their 2026 earnings. If shares of AAPL continue to decline in value and AAPL beats earnings estimates over the next several quarters, then shares could end up trading at less than 20 times their 2026 forward earnings. AAPL has roughly 18.6% of EPS growth on the horizon over the next 2 years, and after setting the tone with the offense in Q1, I think shares look very attractive.Steven Fiorillo, Seeking AlphaSeeking AlphaApple’s innovation isn’t over and I believe they will replicate what they did with Services through a combination of investments, AI, and the Apple Vision ProI don’t feel that the Services business gets enough credit as AAPL has done a fantastic job at generating a reoccurring revenue stream that is on pace to generate $100 billion in 2025. Over the past 6 years, AAPL has increased its Q1 Services revenue by $13.99 billion (153.23%) as its increased from $9.13 billion to $23.12 billion. In 2023, the annualized services revenue increased by 9.05% or $7.07 billion YoY, and in 2024, AAPL is starting out the year by producing 27.13% of its 2023 services revenue in Q1. In the past 6 years, there has only been 1 time where Q4 revenue generated from Services didn’t exceed Q1. Services have become a critical component of AAPL’s revenue mix as it is helping diversify away from generating the majority of revenue from iPhone sales.Steven Fiorillo, AppleSteven Fiorillo, AppleAAPL delivered the Apple Vision Pro and recently acquired a Canadian startup company DarwinAI, after announcing it would redirect resources from Project Titan to their AI initiatives. AAPL’s upcoming WWDC conference in June is rumoured to focus on generative AI as AAPL could announce new AI tools as part of iOS 18 and a revamped version of SIRI. To think AAPL doesn’t have the ability to innovate the computing space further is a bit shortsighted, considering they have revolutionized the smartphone industry and mobile computing through their tablets. AAPL generates close to $100 billion in annualized profits and has more than $170 billion in liquidity on their balance sheet. AAPL has the means and the engineering proficiency to drive the narrative in future computing.I believe the next leg of AAPL’s expansion will be through a combination of hardware sales and increased Services subscriptions. Over the next several years, I see the Apple Vision Pro becoming the size of a pair of Oakley or Ray-Ban sunglasses powered by the iPhone. I think AAPL may acquire brands such as Warner Bros. Discovery (WBD) and the Madison Square Garden Sports Corp. (MSGS) for the content libraries and to take these pieces off the table. I think AAPL could get into live sports and expand their Apple TV offerings considerably with acquisitions such as these, as well as sell virtual season tickets to the Knicks and Rangers through Apple Vision Pro. In its current form, it’s just too big, but nobody has a problem wearing glasses for most of the day. I think that mixed reality and virtual computing will lead to increased hardware sales and recurring Services subscriptions for AAPL.The next wave of computing could fuel a jump in revenue and profitability the way that we saw in AAPL’s 2021 fiscal year. This could lead to a larger return of capital and more acquisitions in AAPL’s future. Since the 2012 fiscal year, AAPL has returned $839.2 billion to shareholders, of which $651.4 billion was allocated toward buybacks. Over the past decade, AAPL has repurchased 34.1% of its shares outstanding as they decreased the float by 8 billion shares. I don’t think AAPL is going to sit out of the bull market much longer, but they will figure out a way to embed AI into their products and transcend screens in computing. When I think about all of the information that AAPL has on its consumers, I think we will see an evolution in SIRI that allows consumers to harness AI, and they may even create service packages for different types of assistant programs.AppleSteven Fiorillo, Seeking AlphaConclusionAs investors have gravitated toward companies such as AMZN, Nvidia (NVDA), and Meta Platforms (META), AAPL has been left out of the recent rally as shares are in the red to start 2024. While many are writing AAPL off, I think AAPL could be the Magnificent 7’s dark horse in 2024 that investors don’t see coming. Now that the aspirations of a self-driving EV are finished, AAPL can deploy its resources to the next generation of computing and AI. While shares could get cheaper, I think paying 26.31 times 2024 earnings and 22.19 times 2026 earnings for AAPL will prove to be a solid long-term investment. AAPL already has the consumer-level infrastructure for AI, and I think they will deliver in a big way over the next several years. AAPL will likely keep buying back tens of billions worth of shares each quarter, and as they increase their operational earnings, they will likely beat analyst estimates. Once again, the street could place AAPL on a pestle. I think we will see a second-half rally after the upcoming WWDC conference, and these prices will prove to be a gift over the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":283031152611392,"gmtCreate":1710125344494,"gmtModify":1710125348079,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Hopefully the iphone 16 they will have AI install in it.&nbsp;","listText":"Hopefully the iphone 16 they will have AI install in it.&nbsp;","text":"Hopefully the iphone 16 they will have AI install in it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/283031152611392","repostId":"1125897893","repostType":2,"repost":{"id":"1125897893","pubTimestamp":1710039600,"share":"https://www.laohu8.com/m/news/1125897893?lang=&edition=full","pubTime":"2024-03-10 11:00","market":"us","language":"en","title":"Apple: Losing Its Mojo?","url":"https://stock-news.laohu8.com/highlight/detail?id=1125897893","media":"Seeking Alpha","summary":"SummaryApple's growth performance has been disappointing recently, with revenues barely growing and operating income stagnating for two years.iPhone sales volume has been struggling in important marke","content":"<html><head></head><body><h2 id=\"id_2371991939\" style=\"text-align: left;\">Summary</h2><ul style=\"\"><li><p>Apple&#39;s growth performance has been disappointing recently, with revenues barely growing and operating income stagnating for two years.</p></li><li><p>iPhone sales volume has been struggling in important markets like China and the U.S. In China, iPhone sales are facing competition from local manufacturers.</p></li><li><p>Apple has been fined €1.8 billion by the EU for market abuse related to the distribution of music-streaming apps, signaling increased regulatory scrutiny.</p></li><li><p>Apple&#39;s current valuation at a 27x FWD P/E appears optimistic against the challenging commercial backdrop, suggesting a revaluation may be warranted.</p></li><li><p>I see Apple fairly valued at $139/ share.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/204988570070d185dbef1b8782c8a78e\" alt=\"Shubhashish5\" title=\"Shubhashish5\" tg-width=\"750\" tg-height=\"500\"/><span>Shubhashish5</span></p><p>I have previously voiced negative sentiment on Apple (NASDAQ:AAPL) stock, as I have been concerned about sluggish commercial momentum and lack of any upside catalysts. Today, reflecting on latest data points, I double down on my bearish assessment. Apple is increasingly looking like the weakling in the Magnificent 7 collection, together with Tesla. In fact, zooming in on the Magnificent 7 stocks, it is noteworthy to point out that in Q4 2023 the group achieved a market-weighted average of 60% YoY operating profit expansion, while Apple contributed an under-performing 11%:</p><ul style=\"\"><li><p>Tesla Q4: -47% YoY</p></li><li><p>Apple Q4: +11% YoY</p></li><li><p>Google Q4: +27% YoY</p></li><li><p>Microsoft Q4: +33% YoY</p></li><li><p>Meta Platforms Q4: +41% YoY</p></li><li><p>Amazon Q4: +388% YoY</p></li><li><p>Nvidia Q4: +980% YoY</p></li></ul><p>Unfortunately for investors, Apple has been delivering a disappointing growth performance for quite some time now: Apples top-line CAGR since December 2021 TTM through December 2023 TTM has been below 1%, while most recent data from China suggests that Apple is aggressively bleeding commercial momentum and market share. Adding to this, the recent heavy $2 billion fine imposed by the EU underscores the broader risk associated with Apple stock. All that said, I argue that Apple does not deserve its 27x FWD P/E multiple, which suggests a 3.7% earnings yield vs. a 4.3% implied yield on the 10 year, risk-free, Treasury. According to my estimates, which anchor on analyst consensus estimates through 2028 and a 8.5% cost of equity, Apple stock should be worth $139/ share.</p><p>For context, Apple stock has under-performed the broad equities market in 2023 and early 2024. For the trailing twelve months, AAPL shares are up about 14%, compared to a gain of approximately 27% for the S&amp;P 500 (SP500).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c445ee3d3a1ff535a8eb78637dfecf0d\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"232\"/><span>Seeking Alpha</span></p><h2 id=\"id_213122000\">Apple&#39;s Growth Has Been Disappointing Lately</h2><p>At FWD 27x P/E, Apple stock clearly implies a growth premium compared to both the broader U.S. stock and Treasury market. However, this premium has not been justified by the iPhone makers performance. Referencing Apple&#39;s growth topline performance of over the past 2 years, it is noteworthy to point out that revenues have barely grown. Since TTM December 2021 vs. 2023, compounded annual sales growth was below 1%. And comparing Apple&#39;s TTM revenues for December 2023 with the respective reference in 2022, I highlight that sales have actually contracted by approximately $2 billion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d12bdcbda4d9eac18c261210b168fe42\" alt=\"Apple Financials; Author&#39;s Graph\" title=\"Apple Financials; Author&#39;s Graph\" tg-width=\"640\" tg-height=\"297\"/><span>Apple Financials; Author&#39;s Graph</span></p><p>A similarly negative growth narrative is reflected in Apple&#39;s profit growth: Apples operating income has been stagnating for about two years now.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2a848b0540159f15c529d62b5fb6f074\" alt=\"Apple Financials; Author&#39;s Graph\" title=\"Apple Financials; Author&#39;s Graph\" tg-width=\"640\" tg-height=\"263\"/><span>Apple Financials; Author&#39;s Graph</span></p><h3 id=\"id_1004267895\">iPhone Sales Are Topping Out, If Not Contracting Already</h3><p>A key reason often cited for the stagnation in Apple&#39;s fundamentals is the perceived lack of innovation within its established product lines, including the iPhone, iPad, and Mac. This argument suggests that these products, which have historically been core to Apple&#39;s success, are reaching a maturity phase, where significant growth becomes more challenging due to a saturated market and reduced opportunities for groundbreaking advancements. Specifically relating to the iPhone business, which accounts for almost 60% of Apple&#39;s revenue, it is important to note that sales growth is topping out.</p><p>According to research conducted by Counterpoint Global, and data mapped by UBS, it is evident that iPhone sales volume has been struggling in the company&#39;s most important markets, China and the U.S., for quite some time now (<em>Source: UBS Research &amp; Evidence Lab, note on Apple dated 28 February 2024). </em>Specifically relating to China, it is noteworthy to point out an aggressive 24% YoY drop in iPhone sales since the start of 2024, despite reports of significant price reductions on iPhone 15 models by resellers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/414c8ff09a5562af82bd6b6c850a500a\" alt=\"UBS Research &amp; Evidence Lab\" title=\"UBS Research &amp; Evidence Lab\" tg-width=\"640\" tg-height=\"260\"/><span>UBS Research &amp; Evidence Lab</span></p><p>Admittedly, the downturn in China reflects broader issues such as reduced consumer demand on the backdrop of a struggling macro economy. However, investors should also acknowledge that in China Apple is facing intensified competition from local manufacturers like Vivo, Huawei, and Honor. The competitive situation is compounded by Huawei&#39;s resurgence in popularity, attributed to nationalist purchasing behaviors and improved technology. This is reflected in market share trends, with Apple losing 24% share of volume, compared to a 64% gain for Huawei over the first six weeks of 2024. For context, China accounts for 19% of Apple&#39;s revenue, most of which is based on iPhone sales (although the exact number has not been disclosed).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ee5db3b83fb79e059c9c84187422c7d4\" alt=\"Counterpoint Global; Chart by Bloomberg\" title=\"Counterpoint Global; Chart by Bloomberg\" tg-width=\"608\" tg-height=\"225\"/><span>Counterpoint Global; Chart by Bloomberg</span></p><h3 id=\"id_1423576070\">It Is Too Early To Classify The Vision Pro As A Key Growth Driver</h3><p>I am well aware that Apple recently released the Vision Pro, the company&#39;s major new tech device since the Apple watch in 2012. However, as of today, I argue that betting on the Vision Pro as a key growth driver for Apple should be considered too speculative. In my view, it is important to consider that the Vision Pro represents a significant departure from Apple&#39;s established products like the iPhone, iPad, and Mac, which are known for their mass-market appeal and established consumer bases. The high price and niche appeal could limit its immediate market penetration. Moreover, while the first-generation Vision Pro may showcase Apple&#39;s ability to innovate, its success is crucial but not guaranteed.</p><h2 id=\"id_3171699619\">The EU Fine Is The Beginning Of A Broader Anti-Trust Battle, Not The End</h2><p>With momentum in the device business slowing, Apple&#39;s growth narrative is increasingly reliant on the company&#39;s Services business. On that note, it is encouraging to see that Apple&#39;s revenue from Services has grown at a 20-25% compounded annual growth rate over the past decade, while likely maintaining 25-35% operating margins.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0f234953c41d3db149d974e766205145\" alt=\"Apple Financials; Author&#39;s Graph\" title=\"Apple Financials; Author&#39;s Graph\" tg-width=\"640\" tg-height=\"244\"/><span>Apple Financials; Author&#39;s Graph</span></p><p>However, while the commercial momentum in the Services business is encouraging, the regulatory risk is concerning, giving increasing scrutiny for potential monopolistic behavior. The core issue lies in Apple&#39;s exclusive control over app distribution for iOS devices, forcing developers to comply with its terms and fee structures (15-30% of app revenue). Moreover stringent app review processes and restrictive policies have recently raised concerns about stifling competition and innovation.</p><p>On Monday 4th March, Apple has been imposed with a substantial €1.8 billion fine by the European Union, following allegations of market abuse related to the distribution of music-streaming apps via its App Store. In a nutshell, the penalty stems from accusations by Spotify that Apple leveraged its App Store to unfairly restrict competition and elevate prices. And while similar fines have historically had limited impact on the share prices and operations of big tech companies, the recent €1.8 billion EU antitrust fine against Apple may be different, as the fine suggests the beginning of anti-trust scrutiny, rather than the end.</p><p>The EU&#39;s charge against Apple not only targets specific business practices deemed anti-competitive but also aligns with broader regulatory trends aiming to dismantle the monopolistic hold certain companies have within the tech industry. This is highlighted by ongoing investigations and the implementation of new regulations like the Digital Markets Act (DMA), which demands more open tech ecosystems and could significantly alter how companies operate within the EU. Furthermore, this fine arrives amid other antitrust charges against Apple in the EU, including issues surrounding mobile payments technology. This stacks up a scenario where Apple is not just facing a one-off penalty but rather entering a period of heightened regulatory oversight.</p><p>While the App Store business is still growing; in my opinion, the overall risk-reward relating to this business may have shifted to the downside.</p><h2 id=\"id_364079608\">Valuation: Set TP At $139/Share</h2><p>In line with my thesis that Apple is a &#34;mature&#34; business, I like to value the company&#39;s intrinsic worth through a residual earnings model, which anchors on the idea that a valuation should equal a business&#39; discounted future earnings after capital charge. As per the CFA Institute:</p><blockquote><p><em>Conceptually, residual income is net income less a charge (deduction) for common shareholders&#39; opportunity cost in generating net income. It is the residual or remaining income after considering the costs of all of a company&#39;s capital.</em></p></blockquote><p>With regard to my Apple stock valuation model, I make the following assumptions:</p><ul style=\"\"><li><p>To forecast EPS, I anchor on the consensus analyst forecast as available on the Bloomberg Terminal till 2028. I believe taking the consensus is appropriate, as Apple stock is widely followed by analysts (thus, lots of data and estimates available) and taking the consensus smooths out any biases (mine included)</p></li><li><p>To estimate the capital charge, I anchor on Apple&#39;s cost of equity at 8.5%, which is approximately in line with the CAPM framework.</p></li><li><p>For the terminal growth rate after 2025, I apply 3%, which is about 75-100 basis points above the estimated nominal global GDP growth. The growth premium should reflect the elevated potential for technology businesses in general.</p></li></ul><p>Given these assumptions, I calculate a base-case target price for Apple stock of about $139/share.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/da144b5f1617dfe85301e8109f398f0d\" alt=\"Refinitiv; Company Financials; Author&#39;s Calculations\" title=\"Refinitiv; Company Financials; Author&#39;s Calculations\" tg-width=\"640\" tg-height=\"232\"/><span>Refinitiv; Company Financials; Author&#39;s Calculations</span></p><p>As I argued that my estimates for growth and equity charges may be conservative, I acknowledge that investors may hold varying assumptions regarding these rates. Therefore, I&#39;ve included a sensitivity table to test different scenarios and assumptions. See below.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c71230fb7a8a975380ece2313ac6c52f\" alt=\"Refinitiv; Company Financials; Author&#39;s Calculations\" title=\"Refinitiv; Company Financials; Author&#39;s Calculations\" tg-width=\"640\" tg-height=\"168\"/><span>Refinitiv; Company Financials; Author&#39;s Calculations</span></p><h2 id=\"id_464853349\">Investor Takeaway</h2><p>Apple, once a leader among the &#34;Magnificent 7&#34; tech giants, is currently facing growth challenges, reflected in its comparatively lower Q4 YoY operating profit expansion and stagnant top-line growth. Particularly concerning are its struggles in the crucial Chinese market, where it&#39;s losing both momentum and market share, notably impacted by local competitors and broader economic pressures. The introduction of the high-priced Vision Pro headset as a potential new growth avenue remains speculative. Adding to the complexity and risk profile, Apple is navigating a tightening regulatory landscape, particularly highlighted by the recent €1.8 billion EU antitrust fine, signaling potentially the start of increased scrutiny rather than an isolated incident. All this said, Apple&#39;s current valuation at a 27x FWD P/E appears optimistic against this backdrop, suggesting a revaluation may be warranted given the current earnings yield juxtaposition with risk-free Treasury rates. According to my estimates, which anchor on analyst consensus estimates through 2028 and a 8.5% cost of equity, Apple stock should be worth $139/ share.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: Losing Its Mojo?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: Losing Its Mojo?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-10 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4677116-apple-losing-its-mojo><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple's growth performance has been disappointing recently, with revenues barely growing and operating income stagnating for two years.iPhone sales volume has been struggling in important ...</p>\n\n<a href=\"https://seekingalpha.com/article/4677116-apple-losing-its-mojo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4677116-apple-losing-its-mojo","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1125897893","content_text":"SummaryApple's growth performance has been disappointing recently, with revenues barely growing and operating income stagnating for two years.iPhone sales volume has been struggling in important markets like China and the U.S. In China, iPhone sales are facing competition from local manufacturers.Apple has been fined €1.8 billion by the EU for market abuse related to the distribution of music-streaming apps, signaling increased regulatory scrutiny.Apple's current valuation at a 27x FWD P/E appears optimistic against the challenging commercial backdrop, suggesting a revaluation may be warranted.I see Apple fairly valued at $139/ share.Shubhashish5I have previously voiced negative sentiment on Apple (NASDAQ:AAPL) stock, as I have been concerned about sluggish commercial momentum and lack of any upside catalysts. Today, reflecting on latest data points, I double down on my bearish assessment. Apple is increasingly looking like the weakling in the Magnificent 7 collection, together with Tesla. In fact, zooming in on the Magnificent 7 stocks, it is noteworthy to point out that in Q4 2023 the group achieved a market-weighted average of 60% YoY operating profit expansion, while Apple contributed an under-performing 11%:Tesla Q4: -47% YoYApple Q4: +11% YoYGoogle Q4: +27% YoYMicrosoft Q4: +33% YoYMeta Platforms Q4: +41% YoYAmazon Q4: +388% YoYNvidia Q4: +980% YoYUnfortunately for investors, Apple has been delivering a disappointing growth performance for quite some time now: Apples top-line CAGR since December 2021 TTM through December 2023 TTM has been below 1%, while most recent data from China suggests that Apple is aggressively bleeding commercial momentum and market share. Adding to this, the recent heavy $2 billion fine imposed by the EU underscores the broader risk associated with Apple stock. All that said, I argue that Apple does not deserve its 27x FWD P/E multiple, which suggests a 3.7% earnings yield vs. a 4.3% implied yield on the 10 year, risk-free, Treasury. According to my estimates, which anchor on analyst consensus estimates through 2028 and a 8.5% cost of equity, Apple stock should be worth $139/ share.For context, Apple stock has under-performed the broad equities market in 2023 and early 2024. For the trailing twelve months, AAPL shares are up about 14%, compared to a gain of approximately 27% for the S&P 500 (SP500).Seeking AlphaApple's Growth Has Been Disappointing LatelyAt FWD 27x P/E, Apple stock clearly implies a growth premium compared to both the broader U.S. stock and Treasury market. However, this premium has not been justified by the iPhone makers performance. Referencing Apple's growth topline performance of over the past 2 years, it is noteworthy to point out that revenues have barely grown. Since TTM December 2021 vs. 2023, compounded annual sales growth was below 1%. And comparing Apple's TTM revenues for December 2023 with the respective reference in 2022, I highlight that sales have actually contracted by approximately $2 billion.Apple Financials; Author's GraphA similarly negative growth narrative is reflected in Apple's profit growth: Apples operating income has been stagnating for about two years now.Apple Financials; Author's GraphiPhone Sales Are Topping Out, If Not Contracting AlreadyA key reason often cited for the stagnation in Apple's fundamentals is the perceived lack of innovation within its established product lines, including the iPhone, iPad, and Mac. This argument suggests that these products, which have historically been core to Apple's success, are reaching a maturity phase, where significant growth becomes more challenging due to a saturated market and reduced opportunities for groundbreaking advancements. Specifically relating to the iPhone business, which accounts for almost 60% of Apple's revenue, it is important to note that sales growth is topping out.According to research conducted by Counterpoint Global, and data mapped by UBS, it is evident that iPhone sales volume has been struggling in the company's most important markets, China and the U.S., for quite some time now (Source: UBS Research & Evidence Lab, note on Apple dated 28 February 2024). Specifically relating to China, it is noteworthy to point out an aggressive 24% YoY drop in iPhone sales since the start of 2024, despite reports of significant price reductions on iPhone 15 models by resellers.UBS Research & Evidence LabAdmittedly, the downturn in China reflects broader issues such as reduced consumer demand on the backdrop of a struggling macro economy. However, investors should also acknowledge that in China Apple is facing intensified competition from local manufacturers like Vivo, Huawei, and Honor. The competitive situation is compounded by Huawei's resurgence in popularity, attributed to nationalist purchasing behaviors and improved technology. This is reflected in market share trends, with Apple losing 24% share of volume, compared to a 64% gain for Huawei over the first six weeks of 2024. For context, China accounts for 19% of Apple's revenue, most of which is based on iPhone sales (although the exact number has not been disclosed).Counterpoint Global; Chart by BloombergIt Is Too Early To Classify The Vision Pro As A Key Growth DriverI am well aware that Apple recently released the Vision Pro, the company's major new tech device since the Apple watch in 2012. However, as of today, I argue that betting on the Vision Pro as a key growth driver for Apple should be considered too speculative. In my view, it is important to consider that the Vision Pro represents a significant departure from Apple's established products like the iPhone, iPad, and Mac, which are known for their mass-market appeal and established consumer bases. The high price and niche appeal could limit its immediate market penetration. Moreover, while the first-generation Vision Pro may showcase Apple's ability to innovate, its success is crucial but not guaranteed.The EU Fine Is The Beginning Of A Broader Anti-Trust Battle, Not The EndWith momentum in the device business slowing, Apple's growth narrative is increasingly reliant on the company's Services business. On that note, it is encouraging to see that Apple's revenue from Services has grown at a 20-25% compounded annual growth rate over the past decade, while likely maintaining 25-35% operating margins.Apple Financials; Author's GraphHowever, while the commercial momentum in the Services business is encouraging, the regulatory risk is concerning, giving increasing scrutiny for potential monopolistic behavior. The core issue lies in Apple's exclusive control over app distribution for iOS devices, forcing developers to comply with its terms and fee structures (15-30% of app revenue). Moreover stringent app review processes and restrictive policies have recently raised concerns about stifling competition and innovation.On Monday 4th March, Apple has been imposed with a substantial €1.8 billion fine by the European Union, following allegations of market abuse related to the distribution of music-streaming apps via its App Store. In a nutshell, the penalty stems from accusations by Spotify that Apple leveraged its App Store to unfairly restrict competition and elevate prices. And while similar fines have historically had limited impact on the share prices and operations of big tech companies, the recent €1.8 billion EU antitrust fine against Apple may be different, as the fine suggests the beginning of anti-trust scrutiny, rather than the end.The EU's charge against Apple not only targets specific business practices deemed anti-competitive but also aligns with broader regulatory trends aiming to dismantle the monopolistic hold certain companies have within the tech industry. This is highlighted by ongoing investigations and the implementation of new regulations like the Digital Markets Act (DMA), which demands more open tech ecosystems and could significantly alter how companies operate within the EU. Furthermore, this fine arrives amid other antitrust charges against Apple in the EU, including issues surrounding mobile payments technology. This stacks up a scenario where Apple is not just facing a one-off penalty but rather entering a period of heightened regulatory oversight.While the App Store business is still growing; in my opinion, the overall risk-reward relating to this business may have shifted to the downside.Valuation: Set TP At $139/ShareIn line with my thesis that Apple is a \"mature\" business, I like to value the company's intrinsic worth through a residual earnings model, which anchors on the idea that a valuation should equal a business' discounted future earnings after capital charge. As per the CFA Institute:Conceptually, residual income is net income less a charge (deduction) for common shareholders' opportunity cost in generating net income. It is the residual or remaining income after considering the costs of all of a company's capital.With regard to my Apple stock valuation model, I make the following assumptions:To forecast EPS, I anchor on the consensus analyst forecast as available on the Bloomberg Terminal till 2028. I believe taking the consensus is appropriate, as Apple stock is widely followed by analysts (thus, lots of data and estimates available) and taking the consensus smooths out any biases (mine included)To estimate the capital charge, I anchor on Apple's cost of equity at 8.5%, which is approximately in line with the CAPM framework.For the terminal growth rate after 2025, I apply 3%, which is about 75-100 basis points above the estimated nominal global GDP growth. The growth premium should reflect the elevated potential for technology businesses in general.Given these assumptions, I calculate a base-case target price for Apple stock of about $139/share.Refinitiv; Company Financials; Author's CalculationsAs I argued that my estimates for growth and equity charges may be conservative, I acknowledge that investors may hold varying assumptions regarding these rates. Therefore, I've included a sensitivity table to test different scenarios and assumptions. See below.Refinitiv; Company Financials; Author's CalculationsInvestor TakeawayApple, once a leader among the \"Magnificent 7\" tech giants, is currently facing growth challenges, reflected in its comparatively lower Q4 YoY operating profit expansion and stagnant top-line growth. Particularly concerning are its struggles in the crucial Chinese market, where it's losing both momentum and market share, notably impacted by local competitors and broader economic pressures. The introduction of the high-priced Vision Pro headset as a potential new growth avenue remains speculative. Adding to the complexity and risk profile, Apple is navigating a tightening regulatory landscape, particularly highlighted by the recent €1.8 billion EU antitrust fine, signaling potentially the start of increased scrutiny rather than an isolated incident. All this said, Apple's current valuation at a 27x FWD P/E appears optimistic against this backdrop, suggesting a revaluation may be warranted given the current earnings yield juxtaposition with risk-free Treasury rates. According to my estimates, which anchor on analyst consensus estimates through 2028 and a 8.5% cost of equity, Apple stock should be worth $139/ share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":252197480341800,"gmtCreate":1702605539106,"gmtModify":1702605543842,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/ec18e7f1a0a15f9978f6c96b9c28d1a4","width":"696","height":"1122"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/252197480341800","isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":252198036873424,"gmtCreate":1702605501143,"gmtModify":1702605503427,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/ffb1da04f71ff1a1a6077ee652b3974c","width":"696","height":"1122"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/252198036873424","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":221185827459104,"gmtCreate":1695042631852,"gmtModify":1695042638931,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Apple stock for long term investment 👍🏻","listText":"Apple stock for long term investment 👍🏻","text":"Apple stock for long term investment 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/221185827459104","repostId":"1173155077","repostType":2,"repost":{"id":"1173155077","pubTimestamp":1695030900,"share":"https://www.laohu8.com/m/news/1173155077?lang=&edition=full","pubTime":"2023-09-18 17:55","market":"us","language":"en","title":"Apple Stock To Climb 38%: The Ultra-Bullish Case Explained","url":"https://stock-news.laohu8.com/highlight/detail?id=1173155077","media":"The Street","summary":"Wedbush analyst Dan Ives predicts a 38% rise in Apple stock, driven by iPhone upgrades and services growth. Is this optimistic outlook realistic or just wishful thinking?","content":"<html><head></head><body><ul style=\"\"><li><p>Analyst Dan Ives predicts a 38% upside in Apple stock, citing 250 million iPhone users who haven&#39;t upgraded in over 4 years as potential buyers.</p></li></ul><ul style=\"\"><li><p>Ives believes iPhone 15 pricing and carrier promotions will boost sales by 8-10 million units, with a focus on higher-margin Pro models.</p></li><li><p>Beyond iPhones, Ives sees Apple&#39;s services segment returning to double-digit growth, valuing it at $1.5 trillion and contributing to an overall bullish outlook.</p></li></ul><p>As reported by the Apple Maven recently, <strong>Apple</strong> stock took a hit following the launch of the new iPhone 15. The “sticky point” for investors and traders seems to be pricing: the Cupertino company chose not to mark up its new smartphones, except for the Pro Max.</p><p style=\"text-align: start;\">Despite the recent events, one analyst chose to bump up his target price on AAPL. Wedbush’s Dan Ives now sees Apple stock climbing to $240, a Street-high, which represents an upside opportunity of 38% from current levels.</p><p style=\"text-align: start;\">Below, we talk about how the sell-side shop envisions this rally taking shape over the next several months.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f34425b15d880eea0685f57f1f6bec5f\" alt=\"Unsplash\" title=\"Unsplash\" tg-width=\"1200\" tg-height=\"674\"/><span>Unsplash</span></p><h2 id=\"apple-still-an-iphone-story\" style=\"text-align: start;\">Apple: Still An iPhone Story</h2><p style=\"text-align: start;\">At the core of Dan Ives’ outperform rating is his understanding that the iPhone 15 cycle will surprise analysts and investors to the upside.</p><p style=\"text-align: start;\">The analyst has been talking for a while about a substantial proportion of the current iPhone installed base that will need to upgrade its devices soon – “[approximately] 250 million+ of 1.2 billion iPhone users worldwide have not upgraded their phones in over 4 years”, to be precise.</p><p style=\"text-align: start;\">The icing on the cake was the launch of the iPhone 15, which Dan Ives called “an impressive event”. He believes that the lack of a price increase across all models except the Pro Max will help to sell an additional 8 to 10 million units worldwide, aided in part by carrier promotions.</p><p style=\"text-align: start;\">In addition, Wedbush believes that the mix of Pro models sold in fiscal 2024 will be heavier than the historical average to the tune of about 15 percentage points. If confirmed, this should be a positive to revenues, ASP (average selling price), and likely margins.</p><h2 id=\"but-it-s-not-all-about-the-iphone\" style=\"text-align: start;\">… But It’s Not All About The iPhone</h2><p style=\"text-align: start;\">Lastly, Dan Ives’ price target bump was also grounded on Apple’s services. He sees the segment returning to double-digit growth in a matter of quarters. The analyst values this corner of the business alone, which accounts for only about 20% of total sales, at about $1.5 trillion.</p><p style=\"text-align: start;\">Wedbush’s ultra-bullish case for 38% returns ahead is a combination of the services piece described above and the product portfolio that the analyst values at about $2 trillion.</p><h2 id=\"the-apple-maven-s-take\" style=\"text-align: start;\">The Apple Maven’s Take</h2><p style=\"text-align: start;\">I’ve always found the business of forecasting iPhone cycles a bit speculative. While it is true that Apple has made mistakes in the past (think iPhone 5c), the company has become better over time at anticipating demand and meeting it – that is, when the supply chain is not an issue.</p><p style=\"text-align: start;\">If Dan Ives is correct in his assessment of the upgrade cycle, the opportunity to upgrade 250 million devices at an assumed ASP of $900 suggests $225 billion in potential iPhone sales in fiscal 2024 from upgraders alone. For reference, Apple’s iPhone revenues in fiscal 2022 reached “only” $205 billion.</p><p>On the service side, I see Wedbush’s projection of double-digit growth and a $1.5 trillion valuation as fair and reasonable. In fact, I have explained why I believe that services alone could be worth $2 trillion, using a simple set of assumptions.</p><p style=\"text-align: start;\">For the reasons above, I think that Dan Ives’ price target of $240 for Apple shares is sensical. Nailing the timing of the potential 38% gain, however, is a bit trickier. The direction of economic growth, inflation, and interest rates can pose risks in the short-to-medium terms.</p></body></html>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock To Climb 38%: The Ultra-Bullish Case Explained</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock To Climb 38%: The Ultra-Bullish Case Explained\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-18 17:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-to-climb-38-the-ultra-bullish-case-explained><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Analyst Dan Ives predicts a 38% upside in Apple stock, citing 250 million iPhone users who haven't upgraded in over 4 years as potential buyers.Ives believes iPhone 15 pricing and carrier promotions ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-to-climb-38-the-ultra-bullish-case-explained\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-to-climb-38-the-ultra-bullish-case-explained","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173155077","content_text":"Analyst Dan Ives predicts a 38% upside in Apple stock, citing 250 million iPhone users who haven't upgraded in over 4 years as potential buyers.Ives believes iPhone 15 pricing and carrier promotions will boost sales by 8-10 million units, with a focus on higher-margin Pro models.Beyond iPhones, Ives sees Apple's services segment returning to double-digit growth, valuing it at $1.5 trillion and contributing to an overall bullish outlook.As reported by the Apple Maven recently, Apple stock took a hit following the launch of the new iPhone 15. The “sticky point” for investors and traders seems to be pricing: the Cupertino company chose not to mark up its new smartphones, except for the Pro Max.Despite the recent events, one analyst chose to bump up his target price on AAPL. Wedbush’s Dan Ives now sees Apple stock climbing to $240, a Street-high, which represents an upside opportunity of 38% from current levels.Below, we talk about how the sell-side shop envisions this rally taking shape over the next several months.UnsplashApple: Still An iPhone StoryAt the core of Dan Ives’ outperform rating is his understanding that the iPhone 15 cycle will surprise analysts and investors to the upside.The analyst has been talking for a while about a substantial proportion of the current iPhone installed base that will need to upgrade its devices soon – “[approximately] 250 million+ of 1.2 billion iPhone users worldwide have not upgraded their phones in over 4 years”, to be precise.The icing on the cake was the launch of the iPhone 15, which Dan Ives called “an impressive event”. He believes that the lack of a price increase across all models except the Pro Max will help to sell an additional 8 to 10 million units worldwide, aided in part by carrier promotions.In addition, Wedbush believes that the mix of Pro models sold in fiscal 2024 will be heavier than the historical average to the tune of about 15 percentage points. If confirmed, this should be a positive to revenues, ASP (average selling price), and likely margins.… But It’s Not All About The iPhoneLastly, Dan Ives’ price target bump was also grounded on Apple’s services. He sees the segment returning to double-digit growth in a matter of quarters. The analyst values this corner of the business alone, which accounts for only about 20% of total sales, at about $1.5 trillion.Wedbush’s ultra-bullish case for 38% returns ahead is a combination of the services piece described above and the product portfolio that the analyst values at about $2 trillion.The Apple Maven’s TakeI’ve always found the business of forecasting iPhone cycles a bit speculative. While it is true that Apple has made mistakes in the past (think iPhone 5c), the company has become better over time at anticipating demand and meeting it – that is, when the supply chain is not an issue.If Dan Ives is correct in his assessment of the upgrade cycle, the opportunity to upgrade 250 million devices at an assumed ASP of $900 suggests $225 billion in potential iPhone sales in fiscal 2024 from upgraders alone. For reference, Apple’s iPhone revenues in fiscal 2022 reached “only” $205 billion.On the service side, I see Wedbush’s projection of double-digit growth and a $1.5 trillion valuation as fair and reasonable. In fact, I have explained why I believe that services alone could be worth $2 trillion, using a simple set of assumptions.For the reasons above, I think that Dan Ives’ price target of $240 for Apple shares is sensical. Nailing the timing of the potential 38% gain, however, is a bit trickier. The direction of economic growth, inflation, and interest rates can pose risks in the short-to-medium terms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4111842224562182","authorId":"4111842224562182","name":"DailyTrader7","avatar":"https://community-static.tradeup.com/news/221e86f826e5d51d2c15d2af518a6f07","crmLevel":2,"crmLevelSwitch":0},"content":"Totally agreed 👌🏼","text":"Totally agreed 👌🏼","html":"Totally agreed 👌🏼"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941321198,"gmtCreate":1679993986014,"gmtModify":1679993990463,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"A good&nbsp;&nbsp;article 👍🏻","listText":"A good&nbsp;&nbsp;article 👍🏻","text":"A good article 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941321198","repostId":"1181502388","repostType":2,"repost":{"id":"1181502388","pubTimestamp":1679961575,"share":"https://www.laohu8.com/m/news/1181502388?lang=&edition=full","pubTime":"2023-03-28 07:59","market":"us","language":"en","title":"Deutsche Bank $42 Trillion Derivatives Book: A Snowflake Away From Financial Meltdown?","url":"https://stock-news.laohu8.com/highlight/detail?id=1181502388","media":"Seeking Alpha","summary":"SummaryInvestors are fearful Deutsche Bank is the next domino to fall.DB is a picture of rude health","content":"<html><head></head><body><h2>Summary</h2><ul><li>Investors are fearful Deutsche Bank is the next domino to fall.</li><li>DB is a picture of rude health coming into this banking crisis.</li><li>Some point to worries around its EUR42 trillion derivatives book.</li><li>I believe the fears over the derivatives exposures are way overblown.</li><li>However, loss of confidence may trigger a self-fulfilling prophecy.</li></ul><p><img src=\"https://static.tigerbbs.com/951f08647cf8299459183df05d33c7ee\" tg-width=\"750\" tg-height=\"513\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Deutsche Bank&#39;s (NYSE:DB) share price has fallen sharply in the last trading sessions as financial contagion fears continued in the wake of the collapse of Credit Suisse (CS). There is clearly a lot of nervousness in themarket and it seems that no one is really sure what is driving the fears surrounding Deutsche Bank specifically. Someattributethis to its legacy reputation as the sick bank of Europe; others are worried about concerns around its Commercial Real Estate portfolio in the United States.</p><p>Bloombergreportsthat Autonomous Research cited DB&#39;s large notional derivative book currently at EUR42 trillion as a key concern for investors.</p><p>As far as I know, DB is in a very healthy state, and on the face of it, these concerns are misplaced. This is very different from the death tailspin CS found itself in after slow death by athousand cuts over many years.</p><p>The risk, however, is that the unsubstantiated fears around DB become a self-fulfilling prophecy that could drive up its cost of funds in the Investment Bank. As a result of this, I took steps to manage the risk in my position even though I remain bullish when it comes to DB stock.</p><p>In this article, however, I would like to focus on the fears surrounding itslarge derivative bookand why the concerns are way overblown in this instance.</p><h2>DB Derivative Book</h2><p>DB discloses the details of its derivative book.</p><p><img src=\"https://static.tigerbbs.com/48e2d20ca82ad02703bee454bbdb723f\" tg-width=\"640\" tg-height=\"577\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>DB 2022 Annual Report</p><p>As you can see, the total notional derivative exposure of DB is a staggering EUR42 trillion. This is what some investors are concerned about, surely, DB is a snowflake away from a financial meltdown, right?</p><p>Well, not quite.</p><p>To start with the reported number is a notional amount of the derivative contract as opposed to actual exposure. This is best explained as an example.</p><p>Say one of DB&#39;s large corporate clients is requiring an interest rate swap (&#34;IRS&#34;) to protect themselves from rising interest rates on a $1 billion loan. The IRS terms reflect a swap of say LIBOR +100 basis points to a fixed rate of 6%. In such a scenario, DB would be purchasing an identical $1 billion IRS from another banking counterparty (say, JPMorgan).</p><p>So from DB&#39;s perspective, it likely earned a margin or fee on the transaction. It has no interest rate exposure or market risk either as it is fully hedged. However, for the purpose of calculating its gross derivative exposures (towards the 42 trillion figure), it would count as a $2 billion notional exposure.</p><p>This is the key reason why these notional derivatives exposures are so large. These are just notional contract figures and nowhere near the actual exposure. Furthermore, DB carefully manages its book which is mostly hedged for market risk (as well as counterparty risk).</p><p>On an overall portfolio basis, DB would not be 100% hedged of course. This could be due to other unrelated positions (for example, hedging its liquidity securities portfolio). As of 31st December, DB has total positive marks of EUR301 billion and total negative marks of EUR283 billion and therefore a total gain of ~EUR18 billion on its derivatives portfolio as of 31st December 2022.</p><p>Okay, so now we are clear that DB&#39;s market risk is predominantly hedged as described above - but what about counterparty default risk?</p><h2>Counterparty Default Risk</h2><p>The obvious next question is what happens if a large counterparty such as Credit Suisse or JPMorgan (JPM) defaults?</p><p>Firstly, it is important to note that any derivatives that are exchange-traded or cleared by a central party do not pose credit risks. However, as can be seen from above, most of DB&#39;s derivatives exposures are Over-The-Counter (&#34;OTC&#34;) derivatives and therefore exposed to counterparty default risk.</p><p>As such, the industry practice is to enter contracts based on master agreements for derivatives such asthe International Swaps and Derivatives Association, Inc. (&#34;ISDA&#34;) master agreement. The master agreement allows for close-out nettings of all rights and obligations with a counterparty upon the counterparty&#39;s default.</p><p>So as an example, if a counterparty (such as CS) defaults then all outstanding derivatives contracts with that counterparty are settled on a net basis on the default date. As such, banks like DB monitor specific counterparty risks daily and ensure that their total exposure (netting) to a particular counterparty is within predefined risk limits. This is a key reason why counterparties reduced their trading with CS prior to its being acquired by UBS (UBS) which contributed to its downfall.</p><p>Another common way for banks to reduce their counterparty risk is to enter into what is known as credit support annexes (CSAs) to master agreements. These are effectively a form of margin calls and require the counterparty to post collateral when there is an unrealized loss beyond a certain level.</p><p>The impact of nettings and collateral posted under ISDA is incorporated in the RWAs and capital allocated for counterparty risk across the bank as can be seen from the below disclosure in the 2022 annual report:</p><p><img src=\"https://static.tigerbbs.com/2c88ac7b683292fe59f704f6e7e27fad\" tg-width=\"640\" tg-height=\"191\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>DB 2022 Annual Report</p><p>So in summary, both market and counterparty risks arising from DB are well managed and an appropriate amount of capital is allocated for any residual risks.</p><h2>Final Thoughts</h2><p>Investors in banks are clearly very nervous given the crisis of confidence in the U.S. and European banking markets in recent weeks. In the wake of the collapse of CS, investors are looking for the next domino piece to fall. Given its chequered history and past reputation for being the sick bank of Europe, the focus has now quite naturally switched to DB. Mr. Market is shooting first and then asking questions. The risk remains, of course, that this becomes a self-fulfilling prophecy even though DB appears to be a picture of rude health coming into this crisis.</p><p>The EUR42 trillion derivative book notional exposure is certainly a very large number that perhaps scares some investors. My conclusion is clear, the actual market and/or counterparty risks are very limited and strictly managed. In my view, the risk of the derivatives book imploding is very low.</p><p>However, out of an abundance of caution, I have managed my risk exposure to DB stock in the short term. Although, I intend to put back the risk position once I am clear that the self-fulfilling prophecy scenario is unlikely to play out.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Deutsche Bank $42 Trillion Derivatives Book: A Snowflake Away From Financial Meltdown?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeutsche Bank $42 Trillion Derivatives Book: A Snowflake Away From Financial Meltdown?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4590218-deutsche-bank-42-trillion-derivatives-fears-over-exposures-way-overblown><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryInvestors are fearful Deutsche Bank is the next domino to fall.DB is a picture of rude health coming into this banking crisis.Some point to worries around its EUR42 trillion derivatives book.I ...</p>\n\n<a href=\"https://seekingalpha.com/article/4590218-deutsche-bank-42-trillion-derivatives-fears-over-exposures-way-overblown\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DB":"德意志银行"},"source_url":"https://seekingalpha.com/article/4590218-deutsche-bank-42-trillion-derivatives-fears-over-exposures-way-overblown","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1181502388","content_text":"SummaryInvestors are fearful Deutsche Bank is the next domino to fall.DB is a picture of rude health coming into this banking crisis.Some point to worries around its EUR42 trillion derivatives book.I believe the fears over the derivatives exposures are way overblown.However, loss of confidence may trigger a self-fulfilling prophecy.Deutsche Bank's (NYSE:DB) share price has fallen sharply in the last trading sessions as financial contagion fears continued in the wake of the collapse of Credit Suisse (CS). There is clearly a lot of nervousness in themarket and it seems that no one is really sure what is driving the fears surrounding Deutsche Bank specifically. Someattributethis to its legacy reputation as the sick bank of Europe; others are worried about concerns around its Commercial Real Estate portfolio in the United States.Bloombergreportsthat Autonomous Research cited DB's large notional derivative book currently at EUR42 trillion as a key concern for investors.As far as I know, DB is in a very healthy state, and on the face of it, these concerns are misplaced. This is very different from the death tailspin CS found itself in after slow death by athousand cuts over many years.The risk, however, is that the unsubstantiated fears around DB become a self-fulfilling prophecy that could drive up its cost of funds in the Investment Bank. As a result of this, I took steps to manage the risk in my position even though I remain bullish when it comes to DB stock.In this article, however, I would like to focus on the fears surrounding itslarge derivative bookand why the concerns are way overblown in this instance.DB Derivative BookDB discloses the details of its derivative book.DB 2022 Annual ReportAs you can see, the total notional derivative exposure of DB is a staggering EUR42 trillion. This is what some investors are concerned about, surely, DB is a snowflake away from a financial meltdown, right?Well, not quite.To start with the reported number is a notional amount of the derivative contract as opposed to actual exposure. This is best explained as an example.Say one of DB's large corporate clients is requiring an interest rate swap (\"IRS\") to protect themselves from rising interest rates on a $1 billion loan. The IRS terms reflect a swap of say LIBOR +100 basis points to a fixed rate of 6%. In such a scenario, DB would be purchasing an identical $1 billion IRS from another banking counterparty (say, JPMorgan).So from DB's perspective, it likely earned a margin or fee on the transaction. It has no interest rate exposure or market risk either as it is fully hedged. However, for the purpose of calculating its gross derivative exposures (towards the 42 trillion figure), it would count as a $2 billion notional exposure.This is the key reason why these notional derivatives exposures are so large. These are just notional contract figures and nowhere near the actual exposure. Furthermore, DB carefully manages its book which is mostly hedged for market risk (as well as counterparty risk).On an overall portfolio basis, DB would not be 100% hedged of course. This could be due to other unrelated positions (for example, hedging its liquidity securities portfolio). As of 31st December, DB has total positive marks of EUR301 billion and total negative marks of EUR283 billion and therefore a total gain of ~EUR18 billion on its derivatives portfolio as of 31st December 2022.Okay, so now we are clear that DB's market risk is predominantly hedged as described above - but what about counterparty default risk?Counterparty Default RiskThe obvious next question is what happens if a large counterparty such as Credit Suisse or JPMorgan (JPM) defaults?Firstly, it is important to note that any derivatives that are exchange-traded or cleared by a central party do not pose credit risks. However, as can be seen from above, most of DB's derivatives exposures are Over-The-Counter (\"OTC\") derivatives and therefore exposed to counterparty default risk.As such, the industry practice is to enter contracts based on master agreements for derivatives such asthe International Swaps and Derivatives Association, Inc. (\"ISDA\") master agreement. The master agreement allows for close-out nettings of all rights and obligations with a counterparty upon the counterparty's default.So as an example, if a counterparty (such as CS) defaults then all outstanding derivatives contracts with that counterparty are settled on a net basis on the default date. As such, banks like DB monitor specific counterparty risks daily and ensure that their total exposure (netting) to a particular counterparty is within predefined risk limits. This is a key reason why counterparties reduced their trading with CS prior to its being acquired by UBS (UBS) which contributed to its downfall.Another common way for banks to reduce their counterparty risk is to enter into what is known as credit support annexes (CSAs) to master agreements. These are effectively a form of margin calls and require the counterparty to post collateral when there is an unrealized loss beyond a certain level.The impact of nettings and collateral posted under ISDA is incorporated in the RWAs and capital allocated for counterparty risk across the bank as can be seen from the below disclosure in the 2022 annual report:DB 2022 Annual ReportSo in summary, both market and counterparty risks arising from DB are well managed and an appropriate amount of capital is allocated for any residual risks.Final ThoughtsInvestors in banks are clearly very nervous given the crisis of confidence in the U.S. and European banking markets in recent weeks. In the wake of the collapse of CS, investors are looking for the next domino piece to fall. Given its chequered history and past reputation for being the sick bank of Europe, the focus has now quite naturally switched to DB. Mr. Market is shooting first and then asking questions. The risk remains, of course, that this becomes a self-fulfilling prophecy even though DB appears to be a picture of rude health coming into this crisis.The EUR42 trillion derivative book notional exposure is certainly a very large number that perhaps scares some investors. My conclusion is clear, the actual market and/or counterparty risks are very limited and strictly managed. In my view, the risk of the derivatives book imploding is very low.However, out of an abundance of caution, I have managed my risk exposure to DB stock in the short term. Although, I intend to put back the risk position once I am clear that the self-fulfilling prophecy scenario is unlikely to play out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957628568,"gmtCreate":1677228761054,"gmtModify":1677228765593,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"That is great for Apple to have another revenue for the company 👍🏻","listText":"That is great for Apple to have another revenue for the company 👍🏻","text":"That is great for Apple to have another revenue for the company 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957628568","repostId":"2313616861","repostType":2,"repost":{"id":"2313616861","pubTimestamp":1677222201,"share":"https://www.laohu8.com/m/news/2313616861?lang=&edition=full","pubTime":"2023-02-24 15:03","market":"us","language":"en","title":"Apple's Secret Plans to Dominate (Another) $16 Billion Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2313616861","media":"Motley Fool","summary":"A covert project dating back to the Steve Jobs era may soon come to fruition.","content":"<html><head></head><body><p><b>Apple</b> has made no secret about its ambitions in the healthcare market. Over the past several years, the company has developed a custom chip to process data from the health and wellness sensors on the Apple Watch, partnered with the Department of Veterans Affairs to jump-start the Health Records feature on the iPhone, and debuted a heart rate monitor in the Apple Watch that can detect potentially life-threatening spikes in a user&#39;s heart rate.</p><p>Now, Apple has set its sights on helping those with diabetes.</p><h2>A secret project</h2><p>Apple is working on a top-secret project that will help the company make additional inroads into the healthcare field, according to a report by Bloomberg. This mission, which has been kept under wraps for more than a decade, involves measuring a diabetic&#39;s sugar levels without the need to draw blood -- one of the more painful aspects of a patient&#39;s ongoing disease-management regimen.</p><p>Apple has developed a non-invasive way to test blood glucose levels employing a specialized silicon photonics chip for use in a process known as optical absorption spectroscopy. While it sounds rather complicated, it&#39;s actually quite simple. The process uses a laser to shine a light, in a specific wavelength, into the skin. By measuring how much light is reflected back, the system can measure the amount of glucose -- or blood sugar -- present.</p><p>Apple has achieved major milestones recently, according to the report, and has reached the proof-of-concept stage, showing that the technology is feasible. Apple eventually plans to integrate the glucose monitoring technology into the Apple Watch.</p><h2>Solving a common complaint</h2><p>One of the biggest challenges for those who suffer from diabetes is keeping tabs on blood sugar levels. In most instances, this involves the patient pricking their finger and using a drop of blood to determine glucose levels by using an in-home testing kit. For the average diabetic, blood sugar testing is recommended between four and 10 times per day, resulting in a lot of finger sticks, which can quickly become a painful process.</p><p>There are other, less painful methods.</p><p>Several companies -- including <b>DexCom</b> and <b>Abbott Laboratories</b>, among others -- offer continuous glucose monitoring (CGM) solutions that measure glucose levels in real time, 24 hours per day, while allowing patients to track changes over time. These systems involve a wire or sensor inserted under the skin, which continuously detects and updates blood sugar levels, sending the information to a monitoring device worn by the patient. These systems also have limitations, as the sensor must be changed every seven to 14 days.</p><h2>A sizable market</h2><p>This could be big business for Apple. It&#39;s estimated that more than 10% of the U.S. population, or roughly 34 million people, have diabetes. Worldwide, about 537 million people suffer from the disease, but that number is expected to jump to 643 million by 2030 and 783 million by 2045.</p><p>If Apple is successful in its endeavor, the company could quickly make progress in the CGM market, which is expected to top $16 billion by 2030.</p><p>While this would no doubt be a positive development for Apple shareholders, it&#39;s also important to put it in context. In the company&#39;s fiscal 2022 (which ended Sept. 24, 2022), Apple generated revenue of nearly $394 billion, so even if the tech titan dominated the market, the new market would be a drop in the bucket compared to existing revenue.</p><p>That said, Apple never stops innovating, creating a sticky and ever-expanding ecosystem for its iPhone users, who now number more than 1.5 billion. That&#39;s just one of many reasons Apple stock is a buy.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple's Secret Plans to Dominate (Another) $16 Billion Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple's Secret Plans to Dominate (Another) $16 Billion Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 15:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/02/23/apples-secret-plans-to-dominate-a-16-billion-marke/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple has made no secret about its ambitions in the healthcare market. Over the past several years, the company has developed a custom chip to process data from the health and wellness sensors on the ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/02/23/apples-secret-plans-to-dominate-a-16-billion-marke/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2023/02/23/apples-secret-plans-to-dominate-a-16-billion-marke/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2313616861","content_text":"Apple has made no secret about its ambitions in the healthcare market. Over the past several years, the company has developed a custom chip to process data from the health and wellness sensors on the Apple Watch, partnered with the Department of Veterans Affairs to jump-start the Health Records feature on the iPhone, and debuted a heart rate monitor in the Apple Watch that can detect potentially life-threatening spikes in a user's heart rate.Now, Apple has set its sights on helping those with diabetes.A secret projectApple is working on a top-secret project that will help the company make additional inroads into the healthcare field, according to a report by Bloomberg. This mission, which has been kept under wraps for more than a decade, involves measuring a diabetic's sugar levels without the need to draw blood -- one of the more painful aspects of a patient's ongoing disease-management regimen.Apple has developed a non-invasive way to test blood glucose levels employing a specialized silicon photonics chip for use in a process known as optical absorption spectroscopy. While it sounds rather complicated, it's actually quite simple. The process uses a laser to shine a light, in a specific wavelength, into the skin. By measuring how much light is reflected back, the system can measure the amount of glucose -- or blood sugar -- present.Apple has achieved major milestones recently, according to the report, and has reached the proof-of-concept stage, showing that the technology is feasible. Apple eventually plans to integrate the glucose monitoring technology into the Apple Watch.Solving a common complaintOne of the biggest challenges for those who suffer from diabetes is keeping tabs on blood sugar levels. In most instances, this involves the patient pricking their finger and using a drop of blood to determine glucose levels by using an in-home testing kit. For the average diabetic, blood sugar testing is recommended between four and 10 times per day, resulting in a lot of finger sticks, which can quickly become a painful process.There are other, less painful methods.Several companies -- including DexCom and Abbott Laboratories, among others -- offer continuous glucose monitoring (CGM) solutions that measure glucose levels in real time, 24 hours per day, while allowing patients to track changes over time. These systems involve a wire or sensor inserted under the skin, which continuously detects and updates blood sugar levels, sending the information to a monitoring device worn by the patient. These systems also have limitations, as the sensor must be changed every seven to 14 days.A sizable marketThis could be big business for Apple. It's estimated that more than 10% of the U.S. population, or roughly 34 million people, have diabetes. Worldwide, about 537 million people suffer from the disease, but that number is expected to jump to 643 million by 2030 and 783 million by 2045.If Apple is successful in its endeavor, the company could quickly make progress in the CGM market, which is expected to top $16 billion by 2030.While this would no doubt be a positive development for Apple shareholders, it's also important to put it in context. In the company's fiscal 2022 (which ended Sept. 24, 2022), Apple generated revenue of nearly $394 billion, so even if the tech titan dominated the market, the new market would be a drop in the bucket compared to existing revenue.That said, Apple never stops innovating, creating a sticky and ever-expanding ecosystem for its iPhone users, who now number more than 1.5 billion. That's just one of many reasons Apple stock is a buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956854309,"gmtCreate":1673969529302,"gmtModify":1676538910663,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"That is great news for apple New chips 👍🏻","listText":"That is great news for apple New chips 👍🏻","text":"That is great news for apple New chips 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956854309","repostId":"1129692049","repostType":4,"repost":{"id":"1129692049","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1673964561,"share":"https://www.laohu8.com/m/news/1129692049?lang=&edition=full","pubTime":"2023-01-17 22:09","market":"us","language":"en","title":"Apple Announces New Macs With Its Most Powerful Chips yet","url":"https://stock-news.laohu8.com/highlight/detail?id=1129692049","media":"Tiger Newspress","summary":"Apple announced new Macs on Tuesday that can be purchased with either M2 Pro or M2 Max chips, the mo","content":"<html><head></head><body><p>Apple announced new Macs on Tuesday that can be purchased with either M2 Pro or M2 Max chips, the most powerful Apple silicon yet.</p><p>The company unveiled refreshes to its 14-inch and 16-inch MacBook Pro laptops, both of which can now be configured with the latest processors. Apple also announced an update to its Mac mini computer with support for the M2 Pro or M2 Max. All will be available beginning Jan. 24, although customers can order the computers beginning Tuesday.</p><p>The Mac Mini starts at $599 while the new 14-inch MacBook Pro starts at $1,999. The $16-inch model will cost at least $2,499.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Announces New Macs With Its Most Powerful Chips yet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Announces New Macs With Its Most Powerful Chips yet\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-01-17 22:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple announced new Macs on Tuesday that can be purchased with either M2 Pro or M2 Max chips, the most powerful Apple silicon yet.</p><p>The company unveiled refreshes to its 14-inch and 16-inch MacBook Pro laptops, both of which can now be configured with the latest processors. Apple also announced an update to its Mac mini computer with support for the M2 Pro or M2 Max. All will be available beginning Jan. 24, although customers can order the computers beginning Tuesday.</p><p>The Mac Mini starts at $599 while the new 14-inch MacBook Pro starts at $1,999. The $16-inch model will cost at least $2,499.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129692049","content_text":"Apple announced new Macs on Tuesday that can be purchased with either M2 Pro or M2 Max chips, the most powerful Apple silicon yet.The company unveiled refreshes to its 14-inch and 16-inch MacBook Pro laptops, both of which can now be configured with the latest processors. Apple also announced an update to its Mac mini computer with support for the M2 Pro or M2 Max. All will be available beginning Jan. 24, although customers can order the computers beginning Tuesday.The Mac Mini starts at $599 while the new 14-inch MacBook Pro starts at $1,999. The $16-inch model will cost at least $2,499.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951180383,"gmtCreate":1673422063643,"gmtModify":1676538834120,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"If Apple stock drop to below $100&nbsp;I will buy more of it 👍🏻","listText":"If Apple stock drop to below $100&nbsp;I will buy more of it 👍🏻","text":"If Apple stock drop to below $100 I will buy more of it 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951180383","repostId":"2302019578","repostType":2,"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959328051,"gmtCreate":1672909039974,"gmtModify":1676538756968,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Yes agree that Apple is slowing down now. it will go back up 🆙 again 👍🏻🍎","listText":"Yes agree that Apple is slowing down now. it will go back up 🆙 again 👍🏻🍎","text":"Yes agree that Apple is slowing down now. it will go back up 🆙 again 👍🏻🍎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959328051","repostId":"1158672379","repostType":4,"repost":{"id":"1158672379","pubTimestamp":1672887501,"share":"https://www.laohu8.com/m/news/1158672379?lang=&edition=full","pubTime":"2023-01-05 10:58","market":"us","language":"en","title":"Apple Price Target Cut At Wedbush But Firm Sees Resilient Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1158672379","media":"Markets Insider","summary":"Apple's price target was cut by more than 12% to $175 at Wedbush Securities on Wednesday.Demand head","content":"<html><head></head><body><ul><li>Apple&#39;s price target was cut by more than 12% to $175 at Wedbush Securities on Wednesday.</li><li>Demand headwinds are creeping into Apple&#39;s growth story but the overall picture is more resilient than Wall Street is seeing, the firm said.</li><li>Analyst Dan Ives said Apple &#34;should remain a Rock of Gibraltar name into 2023.&#34;</li></ul><p>Apple&#39;s price target was yanked lower at Wedbush Securities on Wednesday, but upcoming iPhone sales are seen blunting demand worries that contributed to pulling the stock under a $2 trillion market valuation.</p><p>Shares of Apple tacked on about 2% on Wednesday following their 3.7% drop on Tuesday after a report from Nikkei said demand is weakening for MacBooks, AirPods, and Apple Watches. That fall wiped out more than $80 billion in market value and left Apple below a $2 trillion market cap, tough it&#39;s now back above that threshold.</p><p>Fears of a softer holiday December quarter on China supply shortages hurt shares as trading got underway in 2023, said Wedbush on Wednesday. It cut its price target on Apple by 12% to $175 from $200 and held onto its outperform rating.</p><p>Analysts said Asia supply chain checks &#34;are clearly mixed&#34; heading into the next few quarters and Apple appeared to be cutting back on some orders for Macs, iPads, and AirPods to reflect a softening consumer environment.</p><p>&#34;That said, the core iPhone 14 Pro demand appears to be more stable than feared and is still coming out of the supply chain abyss seen in November/December due to the zero-Covid lockdowns in China/Foxconn,&#34; wrote analyst Dan Ives. &#34;While March and June could see some cutting of iPhone orders (iPhone 14 Plus remains a major strikeout), we believe the overall demand environment is more resilient than the Street is anticipating and thus we believe baked into the stock is a massive amount of bad news ahead.&#34;</p><p>Wedbush said Apple remains its favorite tech name, and Apple&#39;s March quarter should benefit from demand for iPhones after roughly 8 million to 10 million units were pushed out of the December quarter because of supply chain issues.</p><p>Meanwhile, Apple&#39;s underlying demand story still has more than 200 million iPhone units that haven&#39;t been upgraded in about four years. Also, the upcoming iPhone 15 is expected to be released in the autumn alongside an augmented reality/virtual reality headset dubbed Apple Glasses.</p><p>The new $175 price target reflects a more base-case valuation in an uncertain environment with some demand headwinds starting to creep into Apple&#39;s growth story, said Ives. On a sum-of-the-parts valuation, however, Wedbush continues to believe $200 is the right valuation for Apple reflecting its core services business.</p><p>Apple stock slumped by 26% slump in 2022, hit in part by ongoing supply chain problems in China and a ramp-up in interest rates that hammered large-cap tech stocks as a whole. The Nasdaq Composite ended 2022 with a loss of 33%.</p><p>&#34;While tech stocks remain enemy #1 on the Street now in the rising rate environment/hawkish Fed, Apple remains the laser focus of the tech bears as this name has held up much better than the rest of the beaten down tech sector over the past year,&#34; said Ives.</p><p>&#34;To this point, we believe Apple has a unique installed base demand story that can withstand the Category 5 macro pressures around the corner better than its tech peers and should remain a Rock of Gibraltar name into 2023.&#34;</p></body></html>","source":"marketsinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Price Target Cut At Wedbush But Firm Sees Resilient Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Price Target Cut At Wedbush But Firm Sees Resilient Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-05 10:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/stocks/apple-stock-price-target-cut-175-china-demand-tech-wedbush-2023-1><strong>Markets Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple's price target was cut by more than 12% to $175 at Wedbush Securities on Wednesday.Demand headwinds are creeping into Apple's growth story but the overall picture is more resilient than Wall ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/apple-stock-price-target-cut-175-china-demand-tech-wedbush-2023-1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://markets.businessinsider.com/news/stocks/apple-stock-price-target-cut-175-china-demand-tech-wedbush-2023-1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158672379","content_text":"Apple's price target was cut by more than 12% to $175 at Wedbush Securities on Wednesday.Demand headwinds are creeping into Apple's growth story but the overall picture is more resilient than Wall Street is seeing, the firm said.Analyst Dan Ives said Apple \"should remain a Rock of Gibraltar name into 2023.\"Apple's price target was yanked lower at Wedbush Securities on Wednesday, but upcoming iPhone sales are seen blunting demand worries that contributed to pulling the stock under a $2 trillion market valuation.Shares of Apple tacked on about 2% on Wednesday following their 3.7% drop on Tuesday after a report from Nikkei said demand is weakening for MacBooks, AirPods, and Apple Watches. That fall wiped out more than $80 billion in market value and left Apple below a $2 trillion market cap, tough it's now back above that threshold.Fears of a softer holiday December quarter on China supply shortages hurt shares as trading got underway in 2023, said Wedbush on Wednesday. It cut its price target on Apple by 12% to $175 from $200 and held onto its outperform rating.Analysts said Asia supply chain checks \"are clearly mixed\" heading into the next few quarters and Apple appeared to be cutting back on some orders for Macs, iPads, and AirPods to reflect a softening consumer environment.\"That said, the core iPhone 14 Pro demand appears to be more stable than feared and is still coming out of the supply chain abyss seen in November/December due to the zero-Covid lockdowns in China/Foxconn,\" wrote analyst Dan Ives. \"While March and June could see some cutting of iPhone orders (iPhone 14 Plus remains a major strikeout), we believe the overall demand environment is more resilient than the Street is anticipating and thus we believe baked into the stock is a massive amount of bad news ahead.\"Wedbush said Apple remains its favorite tech name, and Apple's March quarter should benefit from demand for iPhones after roughly 8 million to 10 million units were pushed out of the December quarter because of supply chain issues.Meanwhile, Apple's underlying demand story still has more than 200 million iPhone units that haven't been upgraded in about four years. Also, the upcoming iPhone 15 is expected to be released in the autumn alongside an augmented reality/virtual reality headset dubbed Apple Glasses.The new $175 price target reflects a more base-case valuation in an uncertain environment with some demand headwinds starting to creep into Apple's growth story, said Ives. On a sum-of-the-parts valuation, however, Wedbush continues to believe $200 is the right valuation for Apple reflecting its core services business.Apple stock slumped by 26% slump in 2022, hit in part by ongoing supply chain problems in China and a ramp-up in interest rates that hammered large-cap tech stocks as a whole. The Nasdaq Composite ended 2022 with a loss of 33%.\"While tech stocks remain enemy #1 on the Street now in the rising rate environment/hawkish Fed, Apple remains the laser focus of the tech bears as this name has held up much better than the rest of the beaten down tech sector over the past year,\" said Ives.\"To this point, we believe Apple has a unique installed base demand story that can withstand the Category 5 macro pressures around the corner better than its tech peers and should remain a Rock of Gibraltar name into 2023.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926635692,"gmtCreate":1671533563117,"gmtModify":1676538551428,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Apple stocks is a long term investment 🍎👍🏻","listText":"Apple stocks is a long term investment 🍎👍🏻","text":"Apple stocks is a long term investment 🍎👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926635692","repostId":"1137007217","repostType":2,"repost":{"id":"1137007217","pubTimestamp":1671531956,"share":"https://www.laohu8.com/m/news/1137007217?lang=&edition=full","pubTime":"2022-12-20 18:25","market":"us","language":"en","title":"Apple Investors’ Loyalty Is Rewarded With a $454 Billion Gift","url":"https://stock-news.laohu8.com/highlight/detail?id=1137007217","media":"Bloomberg","summary":"Shareholder payouts help explain why the iPhone maker’s stock is doing better than other tech compan","content":"<html><head></head><body><ul><li>Shareholder payouts help explain why the iPhone maker’s stock is doing better than other tech companies’.</li></ul><p>It’s been one blow after another for <a href=\"https://laohu8.com/S/AAPL\">Apple Inc.</a> in recent months. Labor unrest and production halts at Foxconn Technology Group’s massive iPhone plant in central China are expected to cause Apple to miss out on the sale of millions of the devices this holiday season, the company’s most important time of the year.</p><p>Most economists predict that a global recession will take hold next year, reducing consumer appetite for the expensive devices Apple sells. As central banks rapidly raise interest rates to bring inflation to heel, technology stocks have especially fallen out of favor. Apple stock this year has lost nearly $800 billion, or about a fourth of its market value.</p><p>At the same time, Apple is under increasing antitrust scrutiny for its App Store practices. In the European Union, the company is preparing to allow apps from other sources on its iPhones and iPads to comply with strict EU requirements coming in 2024, Bloomberg News has reported. That development could inspire the US and other countries to follow the EU’s lead, threatening to take a bite out of the $23 billion in revenue that analysts estimate the App Store will generate in the company’s current fiscal year, which ends in September.</p><p>That’s a lot of bad news. And yet, in the stock market as of Dec. 16, Apple is vastly outperforming other tech giants, whose shares have cratered this year. While Apple has declined 24%, Meta Platforms Inc. has lost 64% of its value and Amazon.com Inc. is down 47%.</p><p><img src=\"https://static.tigerbbs.com/afa0ec83f81a92ce4bdac28f83bdf672\" tg-width=\"625\" tg-height=\"336\" width=\"100%\" height=\"auto\"/>The explanation for Apple’s performance begins with its immense profits. Apple is the world’s most valuable company, sporting a $2.1 trillion market value, so it’s hardly a surprise that it churns out more profit than any other business in the S&amp;P 500. Where it really distinguishes itself in the minds of investors is what it does with those earnings.</p><p>In the past five years, the company has generated $454 billion in cash from operations. Rather than plow those profits into acquisitions of marquee companies, Apple has returned all that cash—and then some—to shareholders in the form of stock buybacks and dividends. That’s more than the market value of Exxon Mobil Corp. or JPMorgan Chase &amp; Co. Apple declined to comment.</p><p><img src=\"https://static.tigerbbs.com/195b2b1fa746b94454b3844d3151d6e0\" tg-width=\"653\" tg-height=\"359\" width=\"100%\" height=\"auto\"/>“Apple could have done all the things that the bankers wanted them to do—buy Netflix, buy Disney,” says Kimberly Forrest, founder and chief investment officer at Bokeh Capital Partners LLC, an asset management company that owns Apple shares. “Instead, they’ve been disciplined and returned shareholder capital, and they’ve been rewarded for it.”</p><p>Expectations for Apple’s future profits also help explain its relatively strong stock. Although 2023 earnings estimates for the tech sector have been dropping, Wall Street analysts project a 2% increase in Apple’s profit. Combined earnings for tech companies in the S&amp;P 500 are expected to fall almost 2%, according to Bloomberg Intelligence.</p><p>Apple’s loyal customer base is also a factor. There are more than a billion iPhone devices in use, with many customers owning other products in the Apple family including iPads, Mac computers and watches. When combined with an increasing number of services, such as cloud storage and apps tied to those devices, Apple has what’s known as a “sticky” platform.</p><p>“Once you’ve purchased a number of Apple products and services, and they all work together, it’s hard to unplug yourself,” says Jason Benowitz, senior portfolio manager at Roosevelt Investment Group LLC, which owns Apple shares. “People don’t switch to Android because they can’t get the iPhone this month. They’ll wait a month. That behavior isn’t going to change.” Apple has also benefited from expectations that its affluent customers are in a better position to continue paying for its products even during a recession, Benowitz says.</p><p>Those assumptions are being put to the test. Bloomberg News has reported that the labor unrest at Foxconn’s assembly plant in Zhengzhou is likely to result in a production shortfall of almost 6 million iPhone Pro units this year. Others are even more pessimistic, with Ming-Chi Kuo, an influential analyst at TF International Securities Group Ltd., predicting that Apple could face a shortfall of as many as 20 million iPhone 14 Pro and Pro Max devices in the holiday quarter. He also warned that demand for the devices, which can cost as much as $1,599, is at risk of disappearing in a slowing economy.</p><p>Foxconn said on Dec. 15 that it’s easing most anti-Covid-19 restrictions at its Zhengzhou factory, where most iPhone Pro devices are assembled. To squelch a Covid outbreak and keep production going, the company had forced workers to spend weeks living in isolation with only meager food rations, causing violent protests. Labor disruptions have been “brought under control,” and the plant is gradually moving toward restoring production capacity to normal, Foxconn has said. But the sudden reversal of China’s Covid Zero policies could cause yet more interruptions, with the number of cases and hospitalizations surging.</p><p>Apple has its skeptics. Michael Lippert, vice president and portfolio manager at the Baron Opportunity Fund, sees an overvalued tech giant whose days of rapid growth and groundbreaking innovations are past. “When was the last time, seriously, they’ve made an amazing innovation since the iPhone?” Lippert asks. “It just gets slightly better” with each new release, he says.</p><p>Apple’s performance this year shows that many investors disagree. They’re willing to pay more for a massive company whose profits are expected to be immune from an economic slowdown, says Sameer Bhasin, a principal at Value Point Capital. “They have a monopoly on 15% of the world’s richest population,” he says. “In this market where you have a lock on that customer base, I don’t know what other company has that.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Investors’ Loyalty Is Rewarded With a $454 Billion Gift</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Investors’ Loyalty Is Rewarded With a $454 Billion Gift\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-20 18:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-20/why-apple-stock-is-doing-better-than-amazon-meta-other-big-tech?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shareholder payouts help explain why the iPhone maker’s stock is doing better than other tech companies’.It’s been one blow after another for Apple Inc. in recent months. Labor unrest and production ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-20/why-apple-stock-is-doing-better-than-amazon-meta-other-big-tech?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-20/why-apple-stock-is-doing-better-than-amazon-meta-other-big-tech?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137007217","content_text":"Shareholder payouts help explain why the iPhone maker’s stock is doing better than other tech companies’.It’s been one blow after another for Apple Inc. in recent months. Labor unrest and production halts at Foxconn Technology Group’s massive iPhone plant in central China are expected to cause Apple to miss out on the sale of millions of the devices this holiday season, the company’s most important time of the year.Most economists predict that a global recession will take hold next year, reducing consumer appetite for the expensive devices Apple sells. As central banks rapidly raise interest rates to bring inflation to heel, technology stocks have especially fallen out of favor. Apple stock this year has lost nearly $800 billion, or about a fourth of its market value.At the same time, Apple is under increasing antitrust scrutiny for its App Store practices. In the European Union, the company is preparing to allow apps from other sources on its iPhones and iPads to comply with strict EU requirements coming in 2024, Bloomberg News has reported. That development could inspire the US and other countries to follow the EU’s lead, threatening to take a bite out of the $23 billion in revenue that analysts estimate the App Store will generate in the company’s current fiscal year, which ends in September.That’s a lot of bad news. And yet, in the stock market as of Dec. 16, Apple is vastly outperforming other tech giants, whose shares have cratered this year. While Apple has declined 24%, Meta Platforms Inc. has lost 64% of its value and Amazon.com Inc. is down 47%.The explanation for Apple’s performance begins with its immense profits. Apple is the world’s most valuable company, sporting a $2.1 trillion market value, so it’s hardly a surprise that it churns out more profit than any other business in the S&P 500. Where it really distinguishes itself in the minds of investors is what it does with those earnings.In the past five years, the company has generated $454 billion in cash from operations. Rather than plow those profits into acquisitions of marquee companies, Apple has returned all that cash—and then some—to shareholders in the form of stock buybacks and dividends. That’s more than the market value of Exxon Mobil Corp. or JPMorgan Chase & Co. Apple declined to comment.“Apple could have done all the things that the bankers wanted them to do—buy Netflix, buy Disney,” says Kimberly Forrest, founder and chief investment officer at Bokeh Capital Partners LLC, an asset management company that owns Apple shares. “Instead, they’ve been disciplined and returned shareholder capital, and they’ve been rewarded for it.”Expectations for Apple’s future profits also help explain its relatively strong stock. Although 2023 earnings estimates for the tech sector have been dropping, Wall Street analysts project a 2% increase in Apple’s profit. Combined earnings for tech companies in the S&P 500 are expected to fall almost 2%, according to Bloomberg Intelligence.Apple’s loyal customer base is also a factor. There are more than a billion iPhone devices in use, with many customers owning other products in the Apple family including iPads, Mac computers and watches. When combined with an increasing number of services, such as cloud storage and apps tied to those devices, Apple has what’s known as a “sticky” platform.“Once you’ve purchased a number of Apple products and services, and they all work together, it’s hard to unplug yourself,” says Jason Benowitz, senior portfolio manager at Roosevelt Investment Group LLC, which owns Apple shares. “People don’t switch to Android because they can’t get the iPhone this month. They’ll wait a month. That behavior isn’t going to change.” Apple has also benefited from expectations that its affluent customers are in a better position to continue paying for its products even during a recession, Benowitz says.Those assumptions are being put to the test. Bloomberg News has reported that the labor unrest at Foxconn’s assembly plant in Zhengzhou is likely to result in a production shortfall of almost 6 million iPhone Pro units this year. Others are even more pessimistic, with Ming-Chi Kuo, an influential analyst at TF International Securities Group Ltd., predicting that Apple could face a shortfall of as many as 20 million iPhone 14 Pro and Pro Max devices in the holiday quarter. He also warned that demand for the devices, which can cost as much as $1,599, is at risk of disappearing in a slowing economy.Foxconn said on Dec. 15 that it’s easing most anti-Covid-19 restrictions at its Zhengzhou factory, where most iPhone Pro devices are assembled. To squelch a Covid outbreak and keep production going, the company had forced workers to spend weeks living in isolation with only meager food rations, causing violent protests. Labor disruptions have been “brought under control,” and the plant is gradually moving toward restoring production capacity to normal, Foxconn has said. But the sudden reversal of China’s Covid Zero policies could cause yet more interruptions, with the number of cases and hospitalizations surging.Apple has its skeptics. Michael Lippert, vice president and portfolio manager at the Baron Opportunity Fund, sees an overvalued tech giant whose days of rapid growth and groundbreaking innovations are past. “When was the last time, seriously, they’ve made an amazing innovation since the iPhone?” Lippert asks. “It just gets slightly better” with each new release, he says.Apple’s performance this year shows that many investors disagree. They’re willing to pay more for a massive company whose profits are expected to be immune from an economic slowdown, says Sameer Bhasin, a principal at Value Point Capital. “They have a monopoly on 15% of the world’s richest population,” he says. “In this market where you have a lock on that customer base, I don’t know what other company has that.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962528328,"gmtCreate":1669811004064,"gmtModify":1676538247950,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Yes Apple 🍎 stock long term investment 👍🏻","listText":"Yes Apple 🍎 stock long term investment 👍🏻","text":"Yes Apple 🍎 stock long term investment 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9962528328","repostId":"2287504938","repostType":2,"repost":{"id":"2287504938","pubTimestamp":1669779600,"share":"https://www.laohu8.com/m/news/2287504938?lang=&edition=full","pubTime":"2022-11-30 11:40","market":"us","language":"en","title":"Is Apple a Must-Own Stock in 2023?","url":"https://stock-news.laohu8.com/highlight/detail?id=2287504938","media":"Motley Fool","summary":"There's still room for Apple to grow.","content":"<html><head></head><body><p>Every so often, a company comes along and has so much success that many investors end up retiring millionaires by simply going along for the ride. <b>Apple</b> is one of those companies. The tech giant has seen success matched by very few in history, and it has been rightfully earned. After all, it has world-class products, top-tier brand loyalty, and a bank account that other companies can only dream of having.</p><p>Past results are great, but a company&#39;s future outlook should be driving investing decisions. And although it&#39;s the largest public company in the world with a market cap of over $2.4 trillion -- more than <b>Amazon</b>, <b>Berkshire Hathaway</b> and <b>Tesla</b> combined -- there&#39;s still room for noticeable growth for Apple.</p><p>Here&#39;s why it&#39;s a must-own for 2023.</p><h2>Apple is just getting started in the finance industry</h2><p>Apple first began its journey into the financial services space in 2014 with the announcement of Apple Pay, which allowed people to pay from their iPhones. However, this move was seen as more about convenience than Apple making its way into the space. Then came 2019 and the announcement of the Apple Card -- a sign Apple was clearly taking a step in that direction.</p><p>With the Apple Card, Apple relied on <b>Goldman Sachs</b> to approve applications and fund the loans, which is why when they announced Apple Pay Later -- their move into the buy now, pay later space -- it was no longer a mystery whether Apple was serious about becoming a player in the financial services industry. Apple Pay Later is the first time Apple is underwriting and funding loans by itself.</p><p>Apple has an advantage that no other financial institution can duplicate: Its iPhone is in more than 100 million hands in the U.S. Between the iPhone&#39;s world-class technology and the convenience it can provide, the company&#39;s play into the financial services space is bound to test even the most formidable of financial technology (fintech) competitors.</p><h2>The iPhone still reigns supreme</h2><p>The iPhone is arguably the greatest consumer product ever made; it has quite literally changed the world. Apple reportedly spent over $150 million developing the original iPhone, and to say they&#39;ve reaped the returns on their investments would be the understatement of the century. In its 2022 fiscal year, Apple brought in $394.3 billion in revenue -- roughly $28.5 billion more than it did in 2021. The iPhone accounted for more than half of that, bringing in $205.4 billion.</p><p>The fact that the iPhone managed to increase its sales in a year defined by inflation not seen in decades is very telling of its power. In fact, this year was the first time ever that more people in the U.S. used an iPhone than an Android phone. That&#39;s a remarkable milestone when you consider the iPhone&#39;s market share growth and much higher price point.</p><p>As long as the iPhone is padding Apple&#39;s bottom line, there&#39;s no reason to believe it won&#39;t continue to be one of the biggest cash cows you&#39;ll see from any business in any industry.</p><h2>Apple is ramping up its research and development</h2><p>Apple has historically spent a smaller portion of its revenue on research and development (R&amp;D) than its other Big Tech competitors like Alphabet and Amazon. In 2020, here&#39;s how much the three companies spent on R&amp;D and the percentage that was of their net sales:</p><ul><li><b>Alphabet</b>: $27.6 billion (15%)</li><li><b>Amazon</b>: $42.7 billion (11%)</li><li><b>Apple</b>: $18.8 billion (7%)</li></ul><p>In 2021, Apple&#39;s R&amp;D budget increased to $21.9 billion, and in 2022, it jumped up to $26.2 billion -- a company record. Although this still represents a relatively low percentage of Apple&#39;s revenue, it&#39;s a sign the company isn&#39;t getting complacent and is putting more emphasis on taking advantage of potential growth opportunities.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple a Must-Own Stock in 2023?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple a Must-Own Stock in 2023?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-30 11:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/29/is-apple-a-must-own-stock-in-2023/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Every so often, a company comes along and has so much success that many investors end up retiring millionaires by simply going along for the ride. Apple is one of those companies. The tech giant has ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/29/is-apple-a-must-own-stock-in-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/11/29/is-apple-a-must-own-stock-in-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287504938","content_text":"Every so often, a company comes along and has so much success that many investors end up retiring millionaires by simply going along for the ride. Apple is one of those companies. The tech giant has seen success matched by very few in history, and it has been rightfully earned. After all, it has world-class products, top-tier brand loyalty, and a bank account that other companies can only dream of having.Past results are great, but a company's future outlook should be driving investing decisions. And although it's the largest public company in the world with a market cap of over $2.4 trillion -- more than Amazon, Berkshire Hathaway and Tesla combined -- there's still room for noticeable growth for Apple.Here's why it's a must-own for 2023.Apple is just getting started in the finance industryApple first began its journey into the financial services space in 2014 with the announcement of Apple Pay, which allowed people to pay from their iPhones. However, this move was seen as more about convenience than Apple making its way into the space. Then came 2019 and the announcement of the Apple Card -- a sign Apple was clearly taking a step in that direction.With the Apple Card, Apple relied on Goldman Sachs to approve applications and fund the loans, which is why when they announced Apple Pay Later -- their move into the buy now, pay later space -- it was no longer a mystery whether Apple was serious about becoming a player in the financial services industry. Apple Pay Later is the first time Apple is underwriting and funding loans by itself.Apple has an advantage that no other financial institution can duplicate: Its iPhone is in more than 100 million hands in the U.S. Between the iPhone's world-class technology and the convenience it can provide, the company's play into the financial services space is bound to test even the most formidable of financial technology (fintech) competitors.The iPhone still reigns supremeThe iPhone is arguably the greatest consumer product ever made; it has quite literally changed the world. Apple reportedly spent over $150 million developing the original iPhone, and to say they've reaped the returns on their investments would be the understatement of the century. In its 2022 fiscal year, Apple brought in $394.3 billion in revenue -- roughly $28.5 billion more than it did in 2021. The iPhone accounted for more than half of that, bringing in $205.4 billion.The fact that the iPhone managed to increase its sales in a year defined by inflation not seen in decades is very telling of its power. In fact, this year was the first time ever that more people in the U.S. used an iPhone than an Android phone. That's a remarkable milestone when you consider the iPhone's market share growth and much higher price point.As long as the iPhone is padding Apple's bottom line, there's no reason to believe it won't continue to be one of the biggest cash cows you'll see from any business in any industry.Apple is ramping up its research and developmentApple has historically spent a smaller portion of its revenue on research and development (R&D) than its other Big Tech competitors like Alphabet and Amazon. In 2020, here's how much the three companies spent on R&D and the percentage that was of their net sales:Alphabet: $27.6 billion (15%)Amazon: $42.7 billion (11%)Apple: $18.8 billion (7%)In 2021, Apple's R&D budget increased to $21.9 billion, and in 2022, it jumped up to $26.2 billion -- a company record. Although this still represents a relatively low percentage of Apple's revenue, it's a sign the company isn't getting complacent and is putting more emphasis on taking advantage of potential growth opportunities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962163783,"gmtCreate":1669735858742,"gmtModify":1676538233059,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Well done for Apple Pay 👍🏻","listText":"Well done for Apple Pay 👍🏻","text":"Well done for Apple Pay 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9962163783","repostId":"2287590574","repostType":4,"repost":{"id":"2287590574","pubTimestamp":1669727980,"share":"https://www.laohu8.com/m/news/2287590574?lang=&edition=full","pubTime":"2022-11-29 21:19","market":"us","language":"en","title":"Apple Pay Is on Fire This Holiday Season","url":"https://stock-news.laohu8.com/highlight/detail?id=2287590574","media":"Yahoo Finance","summary":"Apple Pay is having a moment.In a new note Tuesday, Deutsche Bank analyst Bryan Keane wrote that hol","content":"<html><head></head><body><p>Apple Pay is having a moment.</p><p>In a new note Tuesday, Deutsche Bank analyst Bryan Keane wrote that holiday spending data out of Salesforce shows Apple Pay adoption is growing at an &#34;extremely rapid pace&#34; this holiday season with 52% year-over-year growth.</p><p><img src=\"https://static.tigerbbs.com/c1eb6db85271fef7b4eec6c9759db882\" tg-width=\"938\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/>Apple Pay is having a moment. (Deutsche Bank)</p><p>Apple Pay&#39;s surge seems to be coming at the expense of long-time dominant player <a href=\"https://laohu8.com/S/PYPL\">PayPal</a>: Keane noted that PayPal adoption has fallen 8% year over globally.</p><p>Apple Pay and PayPal now make up about 5% and 16%, respectively of global e-commerce purchases.</p><p>The diverging paths of Apple Pay and PayPal come amid a broader mixed start to the holiday shopping season as shoppers balk at inflationary prices.</p><p>Consumers spent spent $6.3 billion online through 6PM ET on Cyber Monday, <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> data showed. Adobe expects that when all the numbers are tallied, Cyber Monday will haul in a record $11.2 billion to $11.6 billion online as consumers sought out deep promotions (and got them).</p><p>&#34;Continuing our checks of the unofficial kick-off to holiday, Cyber Monday showed headline promotions that were largely Deeper year over year, inclusive of several connected fitness companies (Peloton, Mirror, Ergatta),&#34; BMO Capital Markets analyst Simeon Siegel wrote in a note.</p><p><img src=\"https://static.tigerbbs.com/951e2ec90bb5703b99d624a02edbdd51\" tg-width=\"3500\" tg-height=\"2282\" referrerpolicy=\"no-referrer\"/>A man uses an iPhone 7 smartphone to demonstrate the mobile payment service Apple Pay at a cafe in Moscow, Russia, on October 3, 2016. REUTERS/Maxim Zmeyev</p><p>Adobe said Black Friday weekend spending only rose 4.4% from the prior year to $9.5 billion. For the holiday season to date (Nov. 1 to Nov. 27), consumers have spent $96.42 billion online, up 2.1% year over year.</p><p>U.S. retail sales on Black Friday were up 12% year-over-year excluding automotive, according to Mastercard SpendingPulse data. That was below Mastercard&#39;s projection of 15% growth.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Pay Is on Fire This Holiday Season</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Pay Is on Fire This Holiday Season\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 21:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/apple-pay-is-on-fire-this-holiday-season-chart-115242855.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Pay is having a moment.In a new note Tuesday, Deutsche Bank analyst Bryan Keane wrote that holiday spending data out of Salesforce shows Apple Pay adoption is growing at an \"extremely rapid pace...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-pay-is-on-fire-this-holiday-season-chart-115242855.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://finance.yahoo.com/news/apple-pay-is-on-fire-this-holiday-season-chart-115242855.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287590574","content_text":"Apple Pay is having a moment.In a new note Tuesday, Deutsche Bank analyst Bryan Keane wrote that holiday spending data out of Salesforce shows Apple Pay adoption is growing at an \"extremely rapid pace\" this holiday season with 52% year-over-year growth.Apple Pay is having a moment. (Deutsche Bank)Apple Pay's surge seems to be coming at the expense of long-time dominant player PayPal: Keane noted that PayPal adoption has fallen 8% year over globally.Apple Pay and PayPal now make up about 5% and 16%, respectively of global e-commerce purchases.The diverging paths of Apple Pay and PayPal come amid a broader mixed start to the holiday shopping season as shoppers balk at inflationary prices.Consumers spent spent $6.3 billion online through 6PM ET on Cyber Monday, Adobe data showed. Adobe expects that when all the numbers are tallied, Cyber Monday will haul in a record $11.2 billion to $11.6 billion online as consumers sought out deep promotions (and got them).\"Continuing our checks of the unofficial kick-off to holiday, Cyber Monday showed headline promotions that were largely Deeper year over year, inclusive of several connected fitness companies (Peloton, Mirror, Ergatta),\" BMO Capital Markets analyst Simeon Siegel wrote in a note.A man uses an iPhone 7 smartphone to demonstrate the mobile payment service Apple Pay at a cafe in Moscow, Russia, on October 3, 2016. REUTERS/Maxim ZmeyevAdobe said Black Friday weekend spending only rose 4.4% from the prior year to $9.5 billion. For the holiday season to date (Nov. 1 to Nov. 27), consumers have spent $96.42 billion online, up 2.1% year over year.U.S. retail sales on Black Friday were up 12% year-over-year excluding automotive, according to Mastercard SpendingPulse data. That was below Mastercard's projection of 15% growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968605056,"gmtCreate":1669196798375,"gmtModify":1676538165886,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"A very good article 👍🏻","listText":"A very good article 👍🏻","text":"A very good article 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968605056","repostId":"2285863548","repostType":4,"repost":{"id":"2285863548","pubTimestamp":1669165202,"share":"https://www.laohu8.com/m/news/2285863548?lang=&edition=full","pubTime":"2022-11-23 09:00","market":"us","language":"en","title":"Apple: The Last FANG Standing","url":"https://stock-news.laohu8.com/highlight/detail?id=2285863548","media":"Seekingalpha","summary":"The Fall From the TopTo this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech st","content":"<html><head></head><body><h2>The Fall From the Top</h2><p>To this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech stock has held up like no other major tech company during this downturn. I wrote about the epic drop coming for tech stocks in late November last year, right as the market peaked. Well, some of the declines surpassed even my expectations. So, let&#39;s look at how top-tech stocks have performed during this downturn.</p><h2><b>Bear Market Peak to Trough Declines</b></h2><ul><li><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META): 74%</li><li>Amazon (AMZN): 55%</li><li>Netflix (NFLX): 75%</li><li>Alphabet (GOOG) (GOOGL): 45%</li><li>Nvidia (NVDA): 69%</li><li>Advanced Micro Devices (AMD): 67%</li><li>Tesla (TSLA): 58%</li><li>Microsoft (MSFT): 40%</li><li>Apple: 28%</li></ul><p>&#34;FANG&#34; stocks went through considerable declines ranging from 40-75% during the bear market phase. However, one giant tech stock stood out, declining by just 28% during the recent tech drop. I&#39;ve been a fan of Apple for many years, not just the stock but the company&#39;s products. I still have my iPhone 12 Pro Max, which I purchased for $1,300 last year. Moreover, I&#39;ve been shopping for a new notebook and decided to upgrade to the MacBook Pro 14 version. However, perhaps the best Apple purchase was investing in the company&#39;s stock in 2007 when the iPhone came out.</p><p><b>Apple 15-Year Chart</b></p><p></p><p><img src=\"https://static.tigerbbs.com/d2e40b56a7fcdf6e0d617ae9739bb504\" tg-width=\"640\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>AAPL (macrotrends.com)</p><p>Remarkably, the stock was only around $3 (split adjusted) back then. Apple&#39;s stock has been one of the top performers in this time frame, appreciating by approximately 6,000% (trough to peak). Apple is an excellent company with extraordinary earnings potential. The company also produces arguably the best products in the world, and the company&#39;s services business continues booming. Despite the likelihood of near-term volatility, Apple stock&#39;s downside is probably limited. Moreover, the company&#39;s growth prospects and profitability potential should improve, enabling Apple&#39;s stock price to appreciate considerably in the coming years.</p><h2>The Apple Advantage</h2><p>The iPhone accounts for a substantial portion of Apple&#39;s revenues. The iPhone segment raked in approximately $205.5 billion last year, accounting for roughly 52% of total sales. However, the iPhone remains hugely popular in the U.S. and globally and should continue increasing sales as the company moves forward.</p><p></p><p><img src=\"https://static.tigerbbs.com/c1febbb809434b24e3b45b9f69a098f6\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>U.S. smartphone market share (couterpointresearch.com)</p><p>The iPhone dominates in the U.S. with about a 50% smartphone market share. Many consumers consider Apple&#39;s products superior in quality, and once on an iPhone, many customers become lifelong users. This dynamic separates the iPhone from the Android market. Consumers have several producers to choose from in the Android market, but at the end of the day, there is only one iPhone producer, Apple. Therefore, we should continue seeing robust demand in the U.S., and iPhone sales should continue growing globally.</p><p></p><p><img src=\"https://static.tigerbbs.com/9991067830ed1a4a7ca2a503ce4501a8\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Global smartphone share (counterpointresearch.com)</p><p>Globally, Apple&#39;s smartphone market share is only about 16%, second to Samsung&#39;s 21% market share. Therefore, Apple has significant opportunities for growth outside of the U.S. market, and the company could expand its market share substantially in the coming years. While Samsung makes an excellent cellphone, Apple is still the Apple. The new S22 has fantastic features, but the iPhone 14 wins in many categories.</p><p>Also, there is just something about the iPhone that makes it a status symbol in many countries. I&#39;ve visited many countries, and in many places, there is nothing more prestigious than having the latest iPhone in your pocket. Therefore, we should continue to see iPhone sales increasing, especially as the downturn concludes, leading to substantially higher revenues for Apple.</p><p><b>Apple&#39;s Revenues</b></p><p></p><p><img src=\"https://static.tigerbbs.com/94e59aafd97a4c359527a3451375c13c\" tg-width=\"640\" tg-height=\"313\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Apple revenues (businessquant.com)</p><p>Apple&#39;s revenue has exploded, reaching nearly $400 billion last (fiscal) year. We&#39;ve seen a 73% revenue increase since 2013, and we should continue seeing revenue growth from here.</p><p><b>Revenue by Segment</b></p><p></p><p><img src=\"https://static.tigerbbs.com/c4bac139075d16dd164699c0b8cd7c6a\" tg-width=\"640\" tg-height=\"329\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Segment revenues (businessquant.com)</p><p><b>Revenue Breakdown</b></p><p></p><p><img src=\"https://static.tigerbbs.com/dafd49eca7cebc39c194cbd7524898ae\" tg-width=\"640\" tg-height=\"153\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Segment revenues (businessquant.com)</p><p>After being stagnant for several years, Mac revenues have shot up lately, increasing from around $25-26 billion in 2017-2019 to more than $40 billion last year, an increase of 60%. Therefore, the Mac business is working and should continue generating growth and profitability in future years. Services continue doing exceptionally well, growing revenues by a whopping 160% over the last five years. iPhone revenues have surged by 50% in just two years. Perhaps the most exciting segment, &#34;other&#34; revenues, have skyrocketed by 240% in the last five years. Total revenues have increased by 43% over the previous two years.</p><h2>What We Should See From Apple Moving Forward</h2><p><b>Revenue Estimates</b></p><p></p><p><img src=\"https://static.tigerbbs.com/cdbc2ac111d88928e53ea99d38968619\" tg-width=\"640\" tg-height=\"245\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Revenue estimates (seekingalpha.com)</p><p>Revenues should continue increasing from here. Consensus estimates are for around <i>$520 billion</i> in revenues in fiscal 2027, but Apple may do better. Apple is accustomed to surpassing analysts&#39; revenue and EPS estimates, and the company should continue outperforming expectations.</p><p><b>Recent Earnings</b></p><p>Recently, Apple reported revenues of $90.15 billion (8.1% YoY increase), exceeding expectations of $88.9 billion. Q4 EPS came in at $1.29, a beat by two cents. iPhone revenues increased by about 10% YoY, Mac revenues surged by 25% over last year, Other products increased by about 10%, and services came in 5% higher over last year. Despite a challenging economic landscape, Apple continues to perform exceptionally well, bringing in solid growth YoY. Once the downturn concludes, we should see more robust growth, leading to outperformance over current consensus analysts&#39; figures. Many analysts predict 3-7% revenue growth in the next few years, but we may see 5-10% growth, leading to substantially higher revenues and profitability potential as the company advances.</p><p><b>EPS Earnings Surprise</b></p><p></p><p><img src=\"https://static.tigerbbs.com/615154027ce88f0ba2e763c8a9f77c6e\" tg-width=\"640\" tg-height=\"180\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Earnings surprise (seekingalpha.com)</p><p>Apple has surprised higher in each of its last twelve earnings announcements, and this trend should continue as we advance. If the trend continues, we could see 5-10% EPS beats in future quarters.</p><p><b>EPS Expectations</b></p><p></p><p><img src=\"https://static.tigerbbs.com/bfec0d8d8ea7db5f8516043b74ffa83e\" tg-width=\"640\" tg-height=\"239\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>EPS growth (seekingalpha.com)</p><p>Due to the general pessimism surrounding the downturn, consensus EPS estimates are very modest here. We see expeditions of approximately 5% annual growth in the next few years. However, as economic conditions improve, we can see 10-15% EPS growth from Apple in future years.</p><h3><b>Here&#39;s what Apple&#39;s financials could look like moving forward:</b></h3><table><tbody><tr><td>Year (fiscal)</td><td>2022</td><td>2023</td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>2028</td><td>2029</td></tr><tr><td>Revenue Bs</td><td>$394</td><td>$420</td><td>$450</td><td>$480</td><td>$520</td><td>$555</td><td>$595</td><td>$640</td></tr><tr><td>Revenue growth</td><td>8%</td><td>7%</td><td>7%</td><td>7%</td><td>8%</td><td>7%</td><td>7%</td><td>7%</td></tr><tr><td>EPS</td><td>$6.11</td><td>$6.80</td><td>$7.30</td><td>$8.10</td><td>$9</td><td>$10</td><td>$11.50</td><td>$13</td></tr><tr><td>Forward P/E</td><td>22</td><td>23</td><td>24</td><td>25</td><td>24</td><td>23</td><td>22</td><td>22</td></tr><tr><td>Stock price</td><td>$150</td><td>$170</td><td>$195</td><td>$225</td><td>$240</td><td>$265</td><td>$286</td><td>$330</td></tr></tbody></table><p>Source: The Financial Prophet</p><h2>What Price to Buy Apple</h2><p>Apple may be mildly expensive today at about 22 times forward earnings estimates, but we should see multiple expansion in future years. I have Apple&#39;s valuation peaking at about 25 in 2025, but that is a relatively modest forecast. We could see Apple&#39;s forward P/E ratio increase to 30 or higher when the economy rebounds, sentiment improves, and demand for high-quality stocks increases. However, as we are currently in a slowdown, I recommend stepping back into Apple at about an 18-20 forward P/E ratio, providing a target entry price of around <i>$120-135</i>. That is the price range I prefer to enter a long-term position, as Apple&#39;s stock price will likely appreciate considerably in future years.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: The Last FANG Standing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: The Last FANG Standing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-23 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559954-apple-stock-the-last-fang-standing><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Fall From the TopTo this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech stock has held up like no other major tech company during this downturn. I wrote about the epic drop ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559954-apple-stock-the-last-fang-standing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4559954-apple-stock-the-last-fang-standing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285863548","content_text":"The Fall From the TopTo this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech stock has held up like no other major tech company during this downturn. I wrote about the epic drop coming for tech stocks in late November last year, right as the market peaked. Well, some of the declines surpassed even my expectations. So, let's look at how top-tech stocks have performed during this downturn.Bear Market Peak to Trough DeclinesMeta Platforms (META): 74%Amazon (AMZN): 55%Netflix (NFLX): 75%Alphabet (GOOG) (GOOGL): 45%Nvidia (NVDA): 69%Advanced Micro Devices (AMD): 67%Tesla (TSLA): 58%Microsoft (MSFT): 40%Apple: 28%\"FANG\" stocks went through considerable declines ranging from 40-75% during the bear market phase. However, one giant tech stock stood out, declining by just 28% during the recent tech drop. I've been a fan of Apple for many years, not just the stock but the company's products. I still have my iPhone 12 Pro Max, which I purchased for $1,300 last year. Moreover, I've been shopping for a new notebook and decided to upgrade to the MacBook Pro 14 version. However, perhaps the best Apple purchase was investing in the company's stock in 2007 when the iPhone came out.Apple 15-Year ChartAAPL (macrotrends.com)Remarkably, the stock was only around $3 (split adjusted) back then. Apple's stock has been one of the top performers in this time frame, appreciating by approximately 6,000% (trough to peak). Apple is an excellent company with extraordinary earnings potential. The company also produces arguably the best products in the world, and the company's services business continues booming. Despite the likelihood of near-term volatility, Apple stock's downside is probably limited. Moreover, the company's growth prospects and profitability potential should improve, enabling Apple's stock price to appreciate considerably in the coming years.The Apple AdvantageThe iPhone accounts for a substantial portion of Apple's revenues. The iPhone segment raked in approximately $205.5 billion last year, accounting for roughly 52% of total sales. However, the iPhone remains hugely popular in the U.S. and globally and should continue increasing sales as the company moves forward.U.S. smartphone market share (couterpointresearch.com)The iPhone dominates in the U.S. with about a 50% smartphone market share. Many consumers consider Apple's products superior in quality, and once on an iPhone, many customers become lifelong users. This dynamic separates the iPhone from the Android market. Consumers have several producers to choose from in the Android market, but at the end of the day, there is only one iPhone producer, Apple. Therefore, we should continue seeing robust demand in the U.S., and iPhone sales should continue growing globally.Global smartphone share (counterpointresearch.com)Globally, Apple's smartphone market share is only about 16%, second to Samsung's 21% market share. Therefore, Apple has significant opportunities for growth outside of the U.S. market, and the company could expand its market share substantially in the coming years. While Samsung makes an excellent cellphone, Apple is still the Apple. The new S22 has fantastic features, but the iPhone 14 wins in many categories.Also, there is just something about the iPhone that makes it a status symbol in many countries. I've visited many countries, and in many places, there is nothing more prestigious than having the latest iPhone in your pocket. Therefore, we should continue to see iPhone sales increasing, especially as the downturn concludes, leading to substantially higher revenues for Apple.Apple's RevenuesApple revenues (businessquant.com)Apple's revenue has exploded, reaching nearly $400 billion last (fiscal) year. We've seen a 73% revenue increase since 2013, and we should continue seeing revenue growth from here.Revenue by SegmentSegment revenues (businessquant.com)Revenue BreakdownSegment revenues (businessquant.com)After being stagnant for several years, Mac revenues have shot up lately, increasing from around $25-26 billion in 2017-2019 to more than $40 billion last year, an increase of 60%. Therefore, the Mac business is working and should continue generating growth and profitability in future years. Services continue doing exceptionally well, growing revenues by a whopping 160% over the last five years. iPhone revenues have surged by 50% in just two years. Perhaps the most exciting segment, \"other\" revenues, have skyrocketed by 240% in the last five years. Total revenues have increased by 43% over the previous two years.What We Should See From Apple Moving ForwardRevenue EstimatesRevenue estimates (seekingalpha.com)Revenues should continue increasing from here. Consensus estimates are for around $520 billion in revenues in fiscal 2027, but Apple may do better. Apple is accustomed to surpassing analysts' revenue and EPS estimates, and the company should continue outperforming expectations.Recent EarningsRecently, Apple reported revenues of $90.15 billion (8.1% YoY increase), exceeding expectations of $88.9 billion. Q4 EPS came in at $1.29, a beat by two cents. iPhone revenues increased by about 10% YoY, Mac revenues surged by 25% over last year, Other products increased by about 10%, and services came in 5% higher over last year. Despite a challenging economic landscape, Apple continues to perform exceptionally well, bringing in solid growth YoY. Once the downturn concludes, we should see more robust growth, leading to outperformance over current consensus analysts' figures. Many analysts predict 3-7% revenue growth in the next few years, but we may see 5-10% growth, leading to substantially higher revenues and profitability potential as the company advances.EPS Earnings SurpriseEarnings surprise (seekingalpha.com)Apple has surprised higher in each of its last twelve earnings announcements, and this trend should continue as we advance. If the trend continues, we could see 5-10% EPS beats in future quarters.EPS ExpectationsEPS growth (seekingalpha.com)Due to the general pessimism surrounding the downturn, consensus EPS estimates are very modest here. We see expeditions of approximately 5% annual growth in the next few years. However, as economic conditions improve, we can see 10-15% EPS growth from Apple in future years.Here's what Apple's financials could look like moving forward:Year (fiscal)20222023202420252026202720282029Revenue Bs$394$420$450$480$520$555$595$640Revenue growth8%7%7%7%8%7%7%7%EPS$6.11$6.80$7.30$8.10$9$10$11.50$13Forward P/E2223242524232222Stock price$150$170$195$225$240$265$286$330Source: The Financial ProphetWhat Price to Buy AppleApple may be mildly expensive today at about 22 times forward earnings estimates, but we should see multiple expansion in future years. I have Apple's valuation peaking at about 25 in 2025, but that is a relatively modest forecast. We could see Apple's forward P/E ratio increase to 30 or higher when the economy rebounds, sentiment improves, and demand for high-quality stocks increases. However, as we are currently in a slowdown, I recommend stepping back into Apple at about an 18-20 forward P/E ratio, providing a target entry price of around $120-135. That is the price range I prefer to enter a long-term position, as Apple's stock price will likely appreciate considerably in future years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968608477,"gmtCreate":1669195959799,"gmtModify":1676538165767,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Congratulations to Tiger&nbsp;🐯. Keep up the good work 👍🏻","listText":"Congratulations to Tiger&nbsp;🐯. Keep up the good work 👍🏻","text":"Congratulations to Tiger 🐯. Keep up the good work 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9968608477","repostId":"1146860364","repostType":4,"repost":{"id":"1146860364","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1669190411,"share":"https://www.laohu8.com/m/news/1146860364?lang=&edition=full","pubTime":"2022-11-23 16:00","market":"us","language":"en","title":"UP Fintech Posts US$55.41 Million for 2022 Q3 Revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1146860364","media":"Tiger Newspress","summary":"About one-fifth of new customers with deposits are from Australia and New Zealand, indicating growin","content":"<html><head></head><body><ul><li>About one-fifth of new customers with deposits are from Australia and New Zealand, indicating growing local recognition</li></ul><ul><li>Average net deposit of newly acquired clients surpasses US$11,000 in Singapore, a sign of deepening trust</li></ul><p><a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%2216690156664297%22,%22type%22:0%7D\" target=\"_blank\">Live: Tiger Brokers Q3 2022 Earnings Conference Call</a></p><p><b>Singapore and New York, November 23, 2022 — UP Fintech Holding Limited</b> (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the three months ended September 30, 2022.</p><p>During the period, the company&#39;s revenue reached US$55.41 million, with the net income attributable to UP Fintech turning positive to US$3.34 million, and non-GAAP net income reaching US$6.63 million, up 91.3% quarter-over-quarter.</p><p>During the third quarter, the number of new customer accounts increased by 35,400, totaling 1.97 million globally, up 11.5% from the same quarter last year. The number of new customers with deposits rose by 22,700 to 754,100, up 23.2% from the same period last year.</p><p>The total trading volume from customers stood at US$78.2 billion on the company&#39;s platform, of which US$23.5 billion was on share trading, and 7.7 million options and futures contracts were made. Net asset inflow from customers exceeded US$700 million during the third quarter, and the company retained 98% of its customers with assets during the period.</p><p>Wu Tianhua, CEO and founder of UP Fintech, said, &#34;In the third quarter, the company witnessed steady sequential growth in key indicators. Our interest-related income was up by almost 70% quarter-over-quarter amid the Federal Reserve&#39;s interest rates hikes. While thanks to further improved operational efficiency, our non-GAAP net income nearly doubled, all the more showing our resilience to global macroeconomic uncertainties. Among our global markets, in Australia and New Zealand, the public recognition of our services rose significantly, with the number of new funded clients accounting for 19% of the total worldwide.&#34;</p><p>&#34;In this quarter, we brought to global investors a fractional share feature in our flagship app Tiger Trade, offering clients with limited deposits access to premium stocks at high prices, and expanding our potential user base. Nearly all US cash equity tradings were self-cleared by our proprietary infrastructure, boosting the overall clearing efficiency and lowering the costs,&#34; Wu Tianhua added.</p><p>Wu Tianhua also revealed, &#34;Looking ahead, in the fourth quarter, we will land our services in Hong Kong, where we are committed to providing investors in this global financial center with the best possible products and services. In addition, we are dedicated to allocating our global resources effectively to serve our worldwide client base well.&#34;</p><p><b>In Singapore, average net deposit of newly acquired clients up for the second consecutive quarter</b></p><p>UP Fintech&#39;s market position in Singapore continued to consolidate with consensual trust from high-worth customers. The average net deposit of newly acquired clients has grown for the second consecutive quarter, passing the US$11,000 threshold in the third quarter, while overtaking the US$9,000 one in the previous quarter.</p><p>In terms of the products we offer, the company upgraded all Singapore-registered accounts by merging share and fund trading operations, enabling the deposit in customers&#39; margin accounts for US stocks to be directed for fund trading to alleviate their liquidity restraint.</p><p>During the period, the company&#39;s cash management services in Singapore were strategically elevated to become Tiger Vault, where customers&#39; in-account deposits can be directly for shares, options, and fund trading, as well as for IPO subscriptions, a move that facilitates the asset management flow. The brand-new Tiger Vault has received positive feedback in Singapore, where the asset under management (AUM) in total was up 120.1% quarter-over-quarter, and the number of users increased by 61.3% quarter-over-quarter. These numbers underscore the diversification we strive to offer to clients against heightened volatility.</p><p>During the third quarter, by spearheading product and technological innovations, UP Fintech bagged the &#34;Fintech - Brokerage&#34; award at the SBR Technology Excellence Awards 2022 from the Singapore Business Review. In the city state&#39;s &#34;Best Customer Service 2022/23&#34; survey conducted jointly by The Straits Times and research firm Statista, the company&#39;s excellent customer service was recognized in the trading and brokerage services sub-category, under Real Estate and Banking. As of now, in Singapore, the company keeps 21.5 hours of customer care services on a daily basis, through a combination of channels including hotline, e-mail, social media platforms, and in-app chat. The company also received &#34;Investor&#39;s Choice Awards 2022: Best Retail Broker&#34; from the Securities Investors Association (Singapore).</p><p>In Southeast Asia, the company announced its Official Sponsor status for the ongoing AFF Mitsubishi Electric Cup 2022, the region&#39;s biennial football tournament contested by 10 national &#34;A&#34; teams, a move that seeks to highlight the company&#39;s continued commitment to becoming a global local company and letting everyone in the world enjoy efficient and smart investing.</p><p><b>Nearly 20% of global new customers with deposits from Australia and New Zealand</b></p><p>In Australia and New Zealand, the company continued to gain momentum. In the reporting period, client acquisition sped up, with nearly 20% of all global new funded customers from the two markets. In-app feature-wise, PayID was accepted to deposit Tiger accounts in Australia in an offering to shorten the processing time. The new feature allows customers to enjoy real-time deposits all year round.</p><p>During the two quarters since the company&#39;s entry into Australia, its flagship Tiger Trade app has been trusted by more local customers. In the third quarter, the company captured the winner position in three categories including &#34;Best for Australian investors&#34;, &#34;People&#39;s choice&#34;, and &#34;Best for ETFs&#34;, from the well-known investing media outlet WeMoney.</p><p><b>Global expansion never ceases</b></p><p>The company is also ready to announce its expansion into Hong Kong starting in December, bringing the best possible smart global investing experience to investors in this global financial center. UP Fintech&#39;s subsidiary in Hong Kong holds Type I, II, IV and V licenses from the Securities and Futures Commission, qualifying the company to deal in and advise on securities and futures contracts. In total, the company holds 11 licenses and qualifications in Hong Kong.</p><p><b>US fractional share trading function lowers investing threshold</b></p><p><b>Self-developed infrastructure bears fruit</b></p><p>In the third quarter, the company&#39;s gross commission income stood at US$24.5 million, along with the interest-related income up 68.8% quarter-over-quarter to US$26.9 million.</p><p>As the company&#39;s global expansion goes deep, we remain zoomed in on investing in research and development. During the period, nearly all US cash equity tradings were self-cleared.</p><p>During the reporting period, UP Fintech launched US fractional share trading, a new feature that now supports all S&amp;P 500 stocks, removes the 1 share minimum trading unit, and lowers the trading starting point to as little as US$5. While beginner-friendly, fractional share trading&#39;s low threshold also offers an engaging global investing experience to more investors by diversifying their portfolios in a more flexible way.</p><p>In the meantime, mobile app features such as options combination analysis tools, most sought-after industries, and lists of ETFs for major markets were put on live. Among new PC/desktop features, time-weighted average price (TWAP) and volume-weighted average price (VWAP) orders were presented. With attached order and conditional order functions available, investors are able to analyze and grasp the investing trends in a timely manner.</p><p>During the period, the demand for wealth management services continued to grow steadily. The number of customers increased by 37.7% quarter-over-quarter, and the asset under management (AUM) was up by 50.8% quarter-over-quarter. The number of Fund Mall users increased by 35% quarter-over-quarter, and AUM was up by 72.7% quarter-over-quarter. Cash management products saw the number of users up by 40.2% quarter-over-quarter, and AUM up by 35.8% quarter-over-quarter.</p><p>On the investor education side, UP Fintech relentlessly promoted financial knowledge in a move to help investors adjust themselves to the volatile investing environment. During the period, the company broadcast 112 live sessions, covering a wide range of content from diving into companies&#39; earnings results, to deep analysis of various industries and companies. Over 40% of the content was specially tailored for global investors in different markets.</p><p>As of September 30, in Singapore, UP Fintech held a series of joint live broadcasts online with the Singapore Exchange, and was participated by analysts from institutions such as Standard Chartered Bank and Société Générale for their market insights. These live sessions, which have become the platform&#39;s signature content, were widely accoladed by investors. In Australia, industry analysis covering the most sought-after industries including mining, pharmaceuticals, and technology was well received, helping more local investors make better informed financial decisions, and boosting the content penetration rate to 50%.</p><p><b>Investment banking services take the lead in US IPO underwriting</b></p><p><b>ESOP business spins off with strategic investors involved</b></p><p>During the reporting period, other revenues, including investment banking and employee stock ownership plan (ESOP), reached US$4 million. The company participated in 12 Hong Kong and US IPOs, served as an underwriter in 11 of these listings, and was the lead bank in 2 US IPOs.</p><p>In the first three quarters of this year, third-party data shows that UP Fintech ranked third among all global brokerages, with 18 US IPO underwriting, and fourth by the offering size. In terms of special purpose acquisition company (SPAC) underwriting, the company ranked second globally by the offering scale of projects underwritten.</p><p>The company also honed its research capabilities by issuing 19 research reports on various sectors including e-commerce, internet, entertainment, auto-making, and cryptocurrency, indicating its in-depth analysis expertise.</p><p>UP Fintech signed 29 ESOP clients during the period, with the number of total clients added up to 393, a year-over-year increase of 50%. The primary market also resonated with the ESOP business&#39;s stellar prospects. During the quarter, strategic investors were involved in completing ESOP&#39;s angel round financing. The business is scheduled to spin off under the new brand &#34;UponeShare&#34; in the fourth quarter, with a vision of promoting digital transformation in equity management.</p><p>In this quarter, dozens of companies including Tim Hortons, Leapmotor, AIM Vaccine, and Jenscare became part of the Tiger Community, and opened enterprise accounts.</p><p>On the corporate social responsibility front, the company collaborated with WWF-Singapore on International Tiger Day to raise awareness about wildlife conservation.</p><p><b>About UP Fintech</b></p><p>UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technology for the next generation.</p><p>Founded in 2014, we relentlessly offer a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.</p><p>We strive to elevate financial technology R&amp;D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p>In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and about 2 million account holders worldwide on our flagship platform &#34;Tiger Trade&#34;, own 63 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong Australia, and China.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UP Fintech Posts US$55.41 Million for 2022 Q3 Revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUP Fintech Posts US$55.41 Million for 2022 Q3 Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-23 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>About one-fifth of new customers with deposits are from Australia and New Zealand, indicating growing local recognition</li></ul><ul><li>Average net deposit of newly acquired clients surpasses US$11,000 in Singapore, a sign of deepening trust</li></ul><p><a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%2216690156664297%22,%22type%22:0%7D\" target=\"_blank\">Live: Tiger Brokers Q3 2022 Earnings Conference Call</a></p><p><b>Singapore and New York, November 23, 2022 — UP Fintech Holding Limited</b> (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the three months ended September 30, 2022.</p><p>During the period, the company&#39;s revenue reached US$55.41 million, with the net income attributable to UP Fintech turning positive to US$3.34 million, and non-GAAP net income reaching US$6.63 million, up 91.3% quarter-over-quarter.</p><p>During the third quarter, the number of new customer accounts increased by 35,400, totaling 1.97 million globally, up 11.5% from the same quarter last year. The number of new customers with deposits rose by 22,700 to 754,100, up 23.2% from the same period last year.</p><p>The total trading volume from customers stood at US$78.2 billion on the company&#39;s platform, of which US$23.5 billion was on share trading, and 7.7 million options and futures contracts were made. Net asset inflow from customers exceeded US$700 million during the third quarter, and the company retained 98% of its customers with assets during the period.</p><p>Wu Tianhua, CEO and founder of UP Fintech, said, &#34;In the third quarter, the company witnessed steady sequential growth in key indicators. Our interest-related income was up by almost 70% quarter-over-quarter amid the Federal Reserve&#39;s interest rates hikes. While thanks to further improved operational efficiency, our non-GAAP net income nearly doubled, all the more showing our resilience to global macroeconomic uncertainties. Among our global markets, in Australia and New Zealand, the public recognition of our services rose significantly, with the number of new funded clients accounting for 19% of the total worldwide.&#34;</p><p>&#34;In this quarter, we brought to global investors a fractional share feature in our flagship app Tiger Trade, offering clients with limited deposits access to premium stocks at high prices, and expanding our potential user base. Nearly all US cash equity tradings were self-cleared by our proprietary infrastructure, boosting the overall clearing efficiency and lowering the costs,&#34; Wu Tianhua added.</p><p>Wu Tianhua also revealed, &#34;Looking ahead, in the fourth quarter, we will land our services in Hong Kong, where we are committed to providing investors in this global financial center with the best possible products and services. In addition, we are dedicated to allocating our global resources effectively to serve our worldwide client base well.&#34;</p><p><b>In Singapore, average net deposit of newly acquired clients up for the second consecutive quarter</b></p><p>UP Fintech&#39;s market position in Singapore continued to consolidate with consensual trust from high-worth customers. The average net deposit of newly acquired clients has grown for the second consecutive quarter, passing the US$11,000 threshold in the third quarter, while overtaking the US$9,000 one in the previous quarter.</p><p>In terms of the products we offer, the company upgraded all Singapore-registered accounts by merging share and fund trading operations, enabling the deposit in customers&#39; margin accounts for US stocks to be directed for fund trading to alleviate their liquidity restraint.</p><p>During the period, the company&#39;s cash management services in Singapore were strategically elevated to become Tiger Vault, where customers&#39; in-account deposits can be directly for shares, options, and fund trading, as well as for IPO subscriptions, a move that facilitates the asset management flow. The brand-new Tiger Vault has received positive feedback in Singapore, where the asset under management (AUM) in total was up 120.1% quarter-over-quarter, and the number of users increased by 61.3% quarter-over-quarter. These numbers underscore the diversification we strive to offer to clients against heightened volatility.</p><p>During the third quarter, by spearheading product and technological innovations, UP Fintech bagged the &#34;Fintech - Brokerage&#34; award at the SBR Technology Excellence Awards 2022 from the Singapore Business Review. In the city state&#39;s &#34;Best Customer Service 2022/23&#34; survey conducted jointly by The Straits Times and research firm Statista, the company&#39;s excellent customer service was recognized in the trading and brokerage services sub-category, under Real Estate and Banking. As of now, in Singapore, the company keeps 21.5 hours of customer care services on a daily basis, through a combination of channels including hotline, e-mail, social media platforms, and in-app chat. The company also received &#34;Investor&#39;s Choice Awards 2022: Best Retail Broker&#34; from the Securities Investors Association (Singapore).</p><p>In Southeast Asia, the company announced its Official Sponsor status for the ongoing AFF Mitsubishi Electric Cup 2022, the region&#39;s biennial football tournament contested by 10 national &#34;A&#34; teams, a move that seeks to highlight the company&#39;s continued commitment to becoming a global local company and letting everyone in the world enjoy efficient and smart investing.</p><p><b>Nearly 20% of global new customers with deposits from Australia and New Zealand</b></p><p>In Australia and New Zealand, the company continued to gain momentum. In the reporting period, client acquisition sped up, with nearly 20% of all global new funded customers from the two markets. In-app feature-wise, PayID was accepted to deposit Tiger accounts in Australia in an offering to shorten the processing time. The new feature allows customers to enjoy real-time deposits all year round.</p><p>During the two quarters since the company&#39;s entry into Australia, its flagship Tiger Trade app has been trusted by more local customers. In the third quarter, the company captured the winner position in three categories including &#34;Best for Australian investors&#34;, &#34;People&#39;s choice&#34;, and &#34;Best for ETFs&#34;, from the well-known investing media outlet WeMoney.</p><p><b>Global expansion never ceases</b></p><p>The company is also ready to announce its expansion into Hong Kong starting in December, bringing the best possible smart global investing experience to investors in this global financial center. UP Fintech&#39;s subsidiary in Hong Kong holds Type I, II, IV and V licenses from the Securities and Futures Commission, qualifying the company to deal in and advise on securities and futures contracts. In total, the company holds 11 licenses and qualifications in Hong Kong.</p><p><b>US fractional share trading function lowers investing threshold</b></p><p><b>Self-developed infrastructure bears fruit</b></p><p>In the third quarter, the company&#39;s gross commission income stood at US$24.5 million, along with the interest-related income up 68.8% quarter-over-quarter to US$26.9 million.</p><p>As the company&#39;s global expansion goes deep, we remain zoomed in on investing in research and development. During the period, nearly all US cash equity tradings were self-cleared.</p><p>During the reporting period, UP Fintech launched US fractional share trading, a new feature that now supports all S&amp;P 500 stocks, removes the 1 share minimum trading unit, and lowers the trading starting point to as little as US$5. While beginner-friendly, fractional share trading&#39;s low threshold also offers an engaging global investing experience to more investors by diversifying their portfolios in a more flexible way.</p><p>In the meantime, mobile app features such as options combination analysis tools, most sought-after industries, and lists of ETFs for major markets were put on live. Among new PC/desktop features, time-weighted average price (TWAP) and volume-weighted average price (VWAP) orders were presented. With attached order and conditional order functions available, investors are able to analyze and grasp the investing trends in a timely manner.</p><p>During the period, the demand for wealth management services continued to grow steadily. The number of customers increased by 37.7% quarter-over-quarter, and the asset under management (AUM) was up by 50.8% quarter-over-quarter. The number of Fund Mall users increased by 35% quarter-over-quarter, and AUM was up by 72.7% quarter-over-quarter. Cash management products saw the number of users up by 40.2% quarter-over-quarter, and AUM up by 35.8% quarter-over-quarter.</p><p>On the investor education side, UP Fintech relentlessly promoted financial knowledge in a move to help investors adjust themselves to the volatile investing environment. During the period, the company broadcast 112 live sessions, covering a wide range of content from diving into companies&#39; earnings results, to deep analysis of various industries and companies. Over 40% of the content was specially tailored for global investors in different markets.</p><p>As of September 30, in Singapore, UP Fintech held a series of joint live broadcasts online with the Singapore Exchange, and was participated by analysts from institutions such as Standard Chartered Bank and Société Générale for their market insights. These live sessions, which have become the platform&#39;s signature content, were widely accoladed by investors. In Australia, industry analysis covering the most sought-after industries including mining, pharmaceuticals, and technology was well received, helping more local investors make better informed financial decisions, and boosting the content penetration rate to 50%.</p><p><b>Investment banking services take the lead in US IPO underwriting</b></p><p><b>ESOP business spins off with strategic investors involved</b></p><p>During the reporting period, other revenues, including investment banking and employee stock ownership plan (ESOP), reached US$4 million. The company participated in 12 Hong Kong and US IPOs, served as an underwriter in 11 of these listings, and was the lead bank in 2 US IPOs.</p><p>In the first three quarters of this year, third-party data shows that UP Fintech ranked third among all global brokerages, with 18 US IPO underwriting, and fourth by the offering size. In terms of special purpose acquisition company (SPAC) underwriting, the company ranked second globally by the offering scale of projects underwritten.</p><p>The company also honed its research capabilities by issuing 19 research reports on various sectors including e-commerce, internet, entertainment, auto-making, and cryptocurrency, indicating its in-depth analysis expertise.</p><p>UP Fintech signed 29 ESOP clients during the period, with the number of total clients added up to 393, a year-over-year increase of 50%. The primary market also resonated with the ESOP business&#39;s stellar prospects. During the quarter, strategic investors were involved in completing ESOP&#39;s angel round financing. The business is scheduled to spin off under the new brand &#34;UponeShare&#34; in the fourth quarter, with a vision of promoting digital transformation in equity management.</p><p>In this quarter, dozens of companies including Tim Hortons, Leapmotor, AIM Vaccine, and Jenscare became part of the Tiger Community, and opened enterprise accounts.</p><p>On the corporate social responsibility front, the company collaborated with WWF-Singapore on International Tiger Day to raise awareness about wildlife conservation.</p><p><b>About UP Fintech</b></p><p>UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technology for the next generation.</p><p>Founded in 2014, we relentlessly offer a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.</p><p>We strive to elevate financial technology R&amp;D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p>In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and about 2 million account holders worldwide on our flagship platform &#34;Tiger Trade&#34;, own 63 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong Australia, and China.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146860364","content_text":"About one-fifth of new customers with deposits are from Australia and New Zealand, indicating growing local recognitionAverage net deposit of newly acquired clients surpasses US$11,000 in Singapore, a sign of deepening trustLive: Tiger Brokers Q3 2022 Earnings Conference CallSingapore and New York, November 23, 2022 — UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the three months ended September 30, 2022.During the period, the company's revenue reached US$55.41 million, with the net income attributable to UP Fintech turning positive to US$3.34 million, and non-GAAP net income reaching US$6.63 million, up 91.3% quarter-over-quarter.During the third quarter, the number of new customer accounts increased by 35,400, totaling 1.97 million globally, up 11.5% from the same quarter last year. The number of new customers with deposits rose by 22,700 to 754,100, up 23.2% from the same period last year.The total trading volume from customers stood at US$78.2 billion on the company's platform, of which US$23.5 billion was on share trading, and 7.7 million options and futures contracts were made. Net asset inflow from customers exceeded US$700 million during the third quarter, and the company retained 98% of its customers with assets during the period.Wu Tianhua, CEO and founder of UP Fintech, said, \"In the third quarter, the company witnessed steady sequential growth in key indicators. Our interest-related income was up by almost 70% quarter-over-quarter amid the Federal Reserve's interest rates hikes. While thanks to further improved operational efficiency, our non-GAAP net income nearly doubled, all the more showing our resilience to global macroeconomic uncertainties. Among our global markets, in Australia and New Zealand, the public recognition of our services rose significantly, with the number of new funded clients accounting for 19% of the total worldwide.\"\"In this quarter, we brought to global investors a fractional share feature in our flagship app Tiger Trade, offering clients with limited deposits access to premium stocks at high prices, and expanding our potential user base. Nearly all US cash equity tradings were self-cleared by our proprietary infrastructure, boosting the overall clearing efficiency and lowering the costs,\" Wu Tianhua added.Wu Tianhua also revealed, \"Looking ahead, in the fourth quarter, we will land our services in Hong Kong, where we are committed to providing investors in this global financial center with the best possible products and services. In addition, we are dedicated to allocating our global resources effectively to serve our worldwide client base well.\"In Singapore, average net deposit of newly acquired clients up for the second consecutive quarterUP Fintech's market position in Singapore continued to consolidate with consensual trust from high-worth customers. The average net deposit of newly acquired clients has grown for the second consecutive quarter, passing the US$11,000 threshold in the third quarter, while overtaking the US$9,000 one in the previous quarter.In terms of the products we offer, the company upgraded all Singapore-registered accounts by merging share and fund trading operations, enabling the deposit in customers' margin accounts for US stocks to be directed for fund trading to alleviate their liquidity restraint.During the period, the company's cash management services in Singapore were strategically elevated to become Tiger Vault, where customers' in-account deposits can be directly for shares, options, and fund trading, as well as for IPO subscriptions, a move that facilitates the asset management flow. The brand-new Tiger Vault has received positive feedback in Singapore, where the asset under management (AUM) in total was up 120.1% quarter-over-quarter, and the number of users increased by 61.3% quarter-over-quarter. These numbers underscore the diversification we strive to offer to clients against heightened volatility.During the third quarter, by spearheading product and technological innovations, UP Fintech bagged the \"Fintech - Brokerage\" award at the SBR Technology Excellence Awards 2022 from the Singapore Business Review. In the city state's \"Best Customer Service 2022/23\" survey conducted jointly by The Straits Times and research firm Statista, the company's excellent customer service was recognized in the trading and brokerage services sub-category, under Real Estate and Banking. As of now, in Singapore, the company keeps 21.5 hours of customer care services on a daily basis, through a combination of channels including hotline, e-mail, social media platforms, and in-app chat. The company also received \"Investor's Choice Awards 2022: Best Retail Broker\" from the Securities Investors Association (Singapore).In Southeast Asia, the company announced its Official Sponsor status for the ongoing AFF Mitsubishi Electric Cup 2022, the region's biennial football tournament contested by 10 national \"A\" teams, a move that seeks to highlight the company's continued commitment to becoming a global local company and letting everyone in the world enjoy efficient and smart investing.Nearly 20% of global new customers with deposits from Australia and New ZealandIn Australia and New Zealand, the company continued to gain momentum. In the reporting period, client acquisition sped up, with nearly 20% of all global new funded customers from the two markets. In-app feature-wise, PayID was accepted to deposit Tiger accounts in Australia in an offering to shorten the processing time. The new feature allows customers to enjoy real-time deposits all year round.During the two quarters since the company's entry into Australia, its flagship Tiger Trade app has been trusted by more local customers. In the third quarter, the company captured the winner position in three categories including \"Best for Australian investors\", \"People's choice\", and \"Best for ETFs\", from the well-known investing media outlet WeMoney.Global expansion never ceasesThe company is also ready to announce its expansion into Hong Kong starting in December, bringing the best possible smart global investing experience to investors in this global financial center. UP Fintech's subsidiary in Hong Kong holds Type I, II, IV and V licenses from the Securities and Futures Commission, qualifying the company to deal in and advise on securities and futures contracts. In total, the company holds 11 licenses and qualifications in Hong Kong.US fractional share trading function lowers investing thresholdSelf-developed infrastructure bears fruitIn the third quarter, the company's gross commission income stood at US$24.5 million, along with the interest-related income up 68.8% quarter-over-quarter to US$26.9 million.As the company's global expansion goes deep, we remain zoomed in on investing in research and development. During the period, nearly all US cash equity tradings were self-cleared.During the reporting period, UP Fintech launched US fractional share trading, a new feature that now supports all S&P 500 stocks, removes the 1 share minimum trading unit, and lowers the trading starting point to as little as US$5. While beginner-friendly, fractional share trading's low threshold also offers an engaging global investing experience to more investors by diversifying their portfolios in a more flexible way.In the meantime, mobile app features such as options combination analysis tools, most sought-after industries, and lists of ETFs for major markets were put on live. Among new PC/desktop features, time-weighted average price (TWAP) and volume-weighted average price (VWAP) orders were presented. With attached order and conditional order functions available, investors are able to analyze and grasp the investing trends in a timely manner.During the period, the demand for wealth management services continued to grow steadily. The number of customers increased by 37.7% quarter-over-quarter, and the asset under management (AUM) was up by 50.8% quarter-over-quarter. The number of Fund Mall users increased by 35% quarter-over-quarter, and AUM was up by 72.7% quarter-over-quarter. Cash management products saw the number of users up by 40.2% quarter-over-quarter, and AUM up by 35.8% quarter-over-quarter.On the investor education side, UP Fintech relentlessly promoted financial knowledge in a move to help investors adjust themselves to the volatile investing environment. During the period, the company broadcast 112 live sessions, covering a wide range of content from diving into companies' earnings results, to deep analysis of various industries and companies. Over 40% of the content was specially tailored for global investors in different markets.As of September 30, in Singapore, UP Fintech held a series of joint live broadcasts online with the Singapore Exchange, and was participated by analysts from institutions such as Standard Chartered Bank and Société Générale for their market insights. These live sessions, which have become the platform's signature content, were widely accoladed by investors. In Australia, industry analysis covering the most sought-after industries including mining, pharmaceuticals, and technology was well received, helping more local investors make better informed financial decisions, and boosting the content penetration rate to 50%.Investment banking services take the lead in US IPO underwritingESOP business spins off with strategic investors involvedDuring the reporting period, other revenues, including investment banking and employee stock ownership plan (ESOP), reached US$4 million. The company participated in 12 Hong Kong and US IPOs, served as an underwriter in 11 of these listings, and was the lead bank in 2 US IPOs.In the first three quarters of this year, third-party data shows that UP Fintech ranked third among all global brokerages, with 18 US IPO underwriting, and fourth by the offering size. In terms of special purpose acquisition company (SPAC) underwriting, the company ranked second globally by the offering scale of projects underwritten.The company also honed its research capabilities by issuing 19 research reports on various sectors including e-commerce, internet, entertainment, auto-making, and cryptocurrency, indicating its in-depth analysis expertise.UP Fintech signed 29 ESOP clients during the period, with the number of total clients added up to 393, a year-over-year increase of 50%. The primary market also resonated with the ESOP business's stellar prospects. During the quarter, strategic investors were involved in completing ESOP's angel round financing. The business is scheduled to spin off under the new brand \"UponeShare\" in the fourth quarter, with a vision of promoting digital transformation in equity management.In this quarter, dozens of companies including Tim Hortons, Leapmotor, AIM Vaccine, and Jenscare became part of the Tiger Community, and opened enterprise accounts.On the corporate social responsibility front, the company collaborated with WWF-Singapore on International Tiger Day to raise awareness about wildlife conservation.About UP FintechUP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technology for the next generation.Founded in 2014, we relentlessly offer a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.We strive to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and about 2 million account holders worldwide on our flagship platform \"Tiger Trade\", own 63 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong Australia, and China.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963678578,"gmtCreate":1668677264394,"gmtModify":1676538095649,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"It about time they change it 👍🏻","listText":"It about time they change it 👍🏻","text":"It about time they change it 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963678578","repostId":"1182936035","repostType":2,"repost":{"id":"1182936035","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1668669495,"share":"https://www.laohu8.com/m/news/1182936035?lang=&edition=full","pubTime":"2022-11-17 15:18","market":"us","language":"en","title":"Apple Analyst Sees All 2023 iPhones Switching To USB-C","url":"https://stock-news.laohu8.com/highlight/detail?id=1182936035","media":"Benzinga","summary":"Apple Inc.'s iPhone 15 lineup scheduled for release in 2023 might abandon the Lightning cable and ad","content":"<html><head></head><body><p>Apple Inc.&#39;s iPhone 15 lineup scheduled for release in 2023 might abandon the Lightning cable and adopt USB-C, but not every model will support wired high-speed transfer.</p><p>What Happened: Fresh details shared by Apple analyst Ming-Chi Kuo suggest that the Cupertino, California-based tech giant may abandon Lightning, but only iPhone 15 Pro and 15 Pro Max will support the wired high-speed transfer.</p><p>Kuo further predicted that new high-end Apple smartphone models would &#34;improve markedly&#34; with support of at least USB 3.2 or Thunderbolt 3. This upgrade will significantly improve users&#39; experience with wired transfer and video output.</p><p>The changes are in compliance with the EU regulations requiring electronic devices to have non-proprietary, standard charging methods.</p><p>Why It&#39;s Important: It is likely that the new upgrade will drive the Apple ecosystem&#39;s demand for high-speed transfer chips and competitors following suit. Almost every Android smartphone, the operating system developed by Alphabet Inc., currently supports only USB 2.0, stated Kuo.</p><p>USB 3.2 supports transfer speeds up to 20Gb/s, while USB 2.0 speeds are limited to 480Mb/s. Similarly, Thunderbolt 3 supports data transfer speeds up to 40Gb/s.</p><p>If Kuo&#39;s predictions are correct, there will be a considerable difference in wired data transfer speeds between iPhone 15 Pro models and standard ones, reported MacRumors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Analyst Sees All 2023 iPhones Switching To USB-C</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Analyst Sees All 2023 iPhones Switching To USB-C\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-11-17 15:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple Inc.&#39;s iPhone 15 lineup scheduled for release in 2023 might abandon the Lightning cable and adopt USB-C, but not every model will support wired high-speed transfer.</p><p>What Happened: Fresh details shared by Apple analyst Ming-Chi Kuo suggest that the Cupertino, California-based tech giant may abandon Lightning, but only iPhone 15 Pro and 15 Pro Max will support the wired high-speed transfer.</p><p>Kuo further predicted that new high-end Apple smartphone models would &#34;improve markedly&#34; with support of at least USB 3.2 or Thunderbolt 3. This upgrade will significantly improve users&#39; experience with wired transfer and video output.</p><p>The changes are in compliance with the EU regulations requiring electronic devices to have non-proprietary, standard charging methods.</p><p>Why It&#39;s Important: It is likely that the new upgrade will drive the Apple ecosystem&#39;s demand for high-speed transfer chips and competitors following suit. Almost every Android smartphone, the operating system developed by Alphabet Inc., currently supports only USB 2.0, stated Kuo.</p><p>USB 3.2 supports transfer speeds up to 20Gb/s, while USB 2.0 speeds are limited to 480Mb/s. Similarly, Thunderbolt 3 supports data transfer speeds up to 40Gb/s.</p><p>If Kuo&#39;s predictions are correct, there will be a considerable difference in wired data transfer speeds between iPhone 15 Pro models and standard ones, reported MacRumors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182936035","content_text":"Apple Inc.'s iPhone 15 lineup scheduled for release in 2023 might abandon the Lightning cable and adopt USB-C, but not every model will support wired high-speed transfer.What Happened: Fresh details shared by Apple analyst Ming-Chi Kuo suggest that the Cupertino, California-based tech giant may abandon Lightning, but only iPhone 15 Pro and 15 Pro Max will support the wired high-speed transfer.Kuo further predicted that new high-end Apple smartphone models would \"improve markedly\" with support of at least USB 3.2 or Thunderbolt 3. This upgrade will significantly improve users' experience with wired transfer and video output.The changes are in compliance with the EU regulations requiring electronic devices to have non-proprietary, standard charging methods.Why It's Important: It is likely that the new upgrade will drive the Apple ecosystem's demand for high-speed transfer chips and competitors following suit. Almost every Android smartphone, the operating system developed by Alphabet Inc., currently supports only USB 2.0, stated Kuo.USB 3.2 supports transfer speeds up to 20Gb/s, while USB 2.0 speeds are limited to 480Mb/s. Similarly, Thunderbolt 3 supports data transfer speeds up to 40Gb/s.If Kuo's predictions are correct, there will be a considerable difference in wired data transfer speeds between iPhone 15 Pro models and standard ones, reported MacRumors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960675865,"gmtCreate":1668155692857,"gmtModify":1676538021987,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Looking forward to see Apple stock value at US$2.5 Trillion Company 🍎👍🏻","listText":"Looking forward to see Apple stock value at US$2.5 Trillion Company 🍎👍🏻","text":"Looking forward to see Apple stock value at US$2.5 Trillion Company 🍎👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960675865","repostId":"1155930233","repostType":4,"repost":{"id":"1155930233","pubTimestamp":1668121157,"share":"https://www.laohu8.com/m/news/1155930233?lang=&edition=full","pubTime":"2022-11-11 06:59","market":"us","language":"en","title":"Apple’s $191 Billion Single-Day Surge Sets Stock-Market Record","url":"https://stock-news.laohu8.com/highlight/detail?id=1155930233","media":"Bloomberg","summary":"Apple Inc.’s surge Thursday was one for the record books.The world’s most valuable company added $19","content":"<html><head></head><body><p>Apple Inc.’s surge Thursday was one for the record books.</p><p>The world’s most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation data buoyed equity markets across the board. The jump eclipsed Amazon.com Inc.’s $190.8 billion gain in February, according to data compiled by Bloomberg.</p><p><img src=\"https://static.tigerbbs.com/f85d84c368630362b5f8b8e4fc11d611\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>Apple, which after Thursday’s 8.9% jump has a market capitalization of $2.34 trillion, now accounts for four out of the top five biggest daily gains. The stock remains down 17% this year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s $191 Billion Single-Day Surge Sets Stock-Market Record</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple’s $191 Billion Single-Day Surge Sets Stock-Market Record\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-11 06:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-10/apple-s-191-billion-single-day-surge-sets-stock-market-record?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Inc.’s surge Thursday was one for the record books.The world’s most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-10/apple-s-191-billion-single-day-surge-sets-stock-market-record?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-10/apple-s-191-billion-single-day-surge-sets-stock-market-record?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155930233","content_text":"Apple Inc.’s surge Thursday was one for the record books.The world’s most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation data buoyed equity markets across the board. The jump eclipsed Amazon.com Inc.’s $190.8 billion gain in February, according to data compiled by Bloomberg.Apple, which after Thursday’s 8.9% jump has a market capitalization of $2.34 trillion, now accounts for four out of the top five biggest daily gains. The stock remains down 17% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984116066,"gmtCreate":1667563161055,"gmtModify":1676537938033,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Wait for apple stock&nbsp;to drop, before buying more👍🏻","listText":"Wait for apple stock&nbsp;to drop, before buying more👍🏻","text":"Wait for apple stock to drop, before buying more👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9984116066","repostId":"2280527752","repostType":4,"repost":{"id":"2280527752","pubTimestamp":1667576825,"share":"https://www.laohu8.com/m/news/2280527752?lang=&edition=full","pubTime":"2022-11-04 23:47","market":"us","language":"en","title":"Apple: Time To Reset Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2280527752","media":"seekingalpha","summary":"SummaryApple has been a driving force behind the market, but expectations need to be reset.A weakeni","content":"<html><head></head><body><p>Summary</p><ul><li>Apple has been a driving force behind the market, but expectations need to be reset.</li><li>A weakening consumer will be a headwind for Apple in the near term.</li><li>Apple released its Q4 earnings last week that were actually pretty solid when compared to the other tech giants that struggled mightily last week.</li></ul><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> has been the glue that has held the big tech sector together over the course of the past week. When the likes of <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft </a>, and <a href=\"https://laohu8.com/S/GOOGL\">Alphabet </a> reported poor or &#34;OK&#34; numbers with weak guidance, those stocks fell and some fell really hard.</p><p>Take a look at the performance for these stocks over the past six trading days:</p><ul><li><b>META down over 30%</b></li><li><b>AMZN down over 25%</b></li><li><b>GOOGL down over 15%</b></li><li><b>MSFT down over 12%</b></li></ul><p>Then comes AAPL who reported Q4 earnings towards the end of the week, and they were pretty solid. AAPL shares jumped nearly 8% the day after reporting earnings.</p><p>Given that the consumer is beginning to weaken, which has become more evident with the plummeting personal savings numbers which have been cleared out due to high inflation and rising interest rates, I believe the consumer headwinds are a cause for concern as it pertains to AAPL shares.</p><h2>Q4 Earnings Were Enough</h2><p>Apple reported Q4 2022 earnings that showed the following:</p><ul><li><b>EPS </b>$1.29 vs. $1.27 estimated</li><li><b>Revenue</b>. $90.15 billion vs. $88.90 billion estimated, <b>up 8.1%</b> year-over-year</li><li><b>iPhone revenue:</b> $42.63 billion vs. $43.21 billion estimated, <b>up 9.67%</b> year-over-year</li><li><b>Mac revenue:</b> $11.51 billion vs. $9.36 billion estimated, <b>up 25.39%</b> year-over-year</li><li><b>iPad revenue</b>: $7.17 billion vs. $7.94 billion estimated, <b>down 13.06%</b> year-over-year</li><li><b>Other Products revenue: </b>$9.65 billion vs. $9.17 billion estimated, <b>up 9.85%</b> year-over-year</li><li><b>Services revenue:</b> $19.19 billion vs. $20.10 billion estimated, <b>up 4.98%</b> year-over-year</li><li><b>Gross margin:</b> 42.3% vs. 42.1% estimated</li></ul><p>Apple beat on both the top and bottom line, but iPhone revenue and iPad revenue fell short. Mac revenue on the other hand surged higher, growing 25% over the prior year.</p><p>Apple did not provide any additional guidance for their Q1 2023 quarter, which tends to be the strongest quarter of the year, as it falls within the holidays.</p><p>Some of the revenue earned during the quarter was attributed to Q3 sales that were not fulfilled due to supply chain issues at the time, but most of those issues have been resolved.</p><h2>Headwinds Are Evident</h2><p>When assessing a stock, it is always important to look from the outside in. I like to first focus on the macro environment and see how it can affect a specific company before looking more at company specific metrics.</p><p>From a macro environment standpoint, the headwinds are evident. It is not secret that Apple generates the majority of their revenue outside of the US and that means they continue to fight the currency headwind. <b>Apple CEO Tim Cook stated that revenue would have grown &#34;double-digits&#34; if not for the strong US dollar.</b></p><p>Mr. Cook went on to explain that the &#34;foreign currency headwinds were over 600 basis points during the most recent quarter&#34;, which is quite significant.</p><p>Although the most recent quarter did not run into that many supply chain issues, as explained by the management team, one area that was supply constrained was the iPhone 14 Pro. Based on orders and wait times, the more expensive iPhone 14 Pro has been selling quite well. The iPhone 14 (regular) on the other hand not so much, and this is where a lot of rumblings have been coming out about suppliers pausing work based on Apple&#39;s direction.</p><p>Apple glass supplier Corning (GLW) noted in their most recent quarterly report that smartphone and tablet sales slowed, which could book a look-through to the next quarter for Apple.</p><p>The next headwind is one that might hurt the worst, a weakening consumer. Recent financial data came out showing signs that the US consumer could be breaking down. The total US credit card balance hit $916 billion in September, as consumers turn to credit to help deal with high inflation. In addition, the boom in the personal savings rate that we heard about during the pandemic, is all but gone. In fact, the US personal savings hit $555.7 billion, which was the lowest levels seen since 2009.</p><p>A weakening consumer means that larger purchases, like iPhones, iPads, Macs, and all that will be second guessed.</p><p>And finally, the Services segment of Apple that many have been high on for years now, is beginning to slow. In Q4, the Services segment grew only 5%. In fact, total revenue by quarter has fallen for two consecutive quarters now for the first time ever.</p><p>To combat this, Apple did recently announce price hikes to many of their service offerings, such as: Apple Music, Apple TV+, and Apple One.</p><h2>Investor Takeaway</h2><p>Apple has held the tech sector together for the most part in what was a brutal earnings season for the sector, but I do not foresee that being the case much longer. Apple themselves did not give any guidance, but they did give &#34;direction&#34; and that was mostly focused on a slow holiday season it was is typically their best quarter.</p><p>Given all of this and the headwinds I discussed, I believe it is important for analysts and investors to reset expectations with the stock.</p><p>Apple trades at a price to earnings multiple of 24x and I believe this is just much too high given expectations for the next year. Analysts right now are expecting EPS of $6.28 and revenues of $407.5 billion, which would equate to growth of 2.8% and 3.3%, respectively. Paying 24x for a company growing at those fractions is much too high, which is why I believe the stock needs to come down.</p><p>I love AAPL and believe it can be an essential part of your portfolio, but adding shares at these levels is not in the cards for me at the moment.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: Time To Reset Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: Time To Reset Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-04 23:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4552702-apple-time-to-reset-expectations><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple has been a driving force behind the market, but expectations need to be reset.A weakening consumer will be a headwind for Apple in the near term.Apple released its Q4 earnings last week ...</p>\n\n<a href=\"https://seekingalpha.com/article/4552702-apple-time-to-reset-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4552702-apple-time-to-reset-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2280527752","content_text":"SummaryApple has been a driving force behind the market, but expectations need to be reset.A weakening consumer will be a headwind for Apple in the near term.Apple released its Q4 earnings last week that were actually pretty solid when compared to the other tech giants that struggled mightily last week.Apple has been the glue that has held the big tech sector together over the course of the past week. When the likes of Amazon, Meta Platforms, Microsoft , and Alphabet  reported poor or \"OK\" numbers with weak guidance, those stocks fell and some fell really hard.Take a look at the performance for these stocks over the past six trading days:META down over 30%AMZN down over 25%GOOGL down over 15%MSFT down over 12%Then comes AAPL who reported Q4 earnings towards the end of the week, and they were pretty solid. AAPL shares jumped nearly 8% the day after reporting earnings.Given that the consumer is beginning to weaken, which has become more evident with the plummeting personal savings numbers which have been cleared out due to high inflation and rising interest rates, I believe the consumer headwinds are a cause for concern as it pertains to AAPL shares.Q4 Earnings Were EnoughApple reported Q4 2022 earnings that showed the following:EPS $1.29 vs. $1.27 estimatedRevenue. $90.15 billion vs. $88.90 billion estimated, up 8.1% year-over-yeariPhone revenue: $42.63 billion vs. $43.21 billion estimated, up 9.67% year-over-yearMac revenue: $11.51 billion vs. $9.36 billion estimated, up 25.39% year-over-yeariPad revenue: $7.17 billion vs. $7.94 billion estimated, down 13.06% year-over-yearOther Products revenue: $9.65 billion vs. $9.17 billion estimated, up 9.85% year-over-yearServices revenue: $19.19 billion vs. $20.10 billion estimated, up 4.98% year-over-yearGross margin: 42.3% vs. 42.1% estimatedApple beat on both the top and bottom line, but iPhone revenue and iPad revenue fell short. Mac revenue on the other hand surged higher, growing 25% over the prior year.Apple did not provide any additional guidance for their Q1 2023 quarter, which tends to be the strongest quarter of the year, as it falls within the holidays.Some of the revenue earned during the quarter was attributed to Q3 sales that were not fulfilled due to supply chain issues at the time, but most of those issues have been resolved.Headwinds Are EvidentWhen assessing a stock, it is always important to look from the outside in. I like to first focus on the macro environment and see how it can affect a specific company before looking more at company specific metrics.From a macro environment standpoint, the headwinds are evident. It is not secret that Apple generates the majority of their revenue outside of the US and that means they continue to fight the currency headwind. Apple CEO Tim Cook stated that revenue would have grown \"double-digits\" if not for the strong US dollar.Mr. Cook went on to explain that the \"foreign currency headwinds were over 600 basis points during the most recent quarter\", which is quite significant.Although the most recent quarter did not run into that many supply chain issues, as explained by the management team, one area that was supply constrained was the iPhone 14 Pro. Based on orders and wait times, the more expensive iPhone 14 Pro has been selling quite well. The iPhone 14 (regular) on the other hand not so much, and this is where a lot of rumblings have been coming out about suppliers pausing work based on Apple's direction.Apple glass supplier Corning (GLW) noted in their most recent quarterly report that smartphone and tablet sales slowed, which could book a look-through to the next quarter for Apple.The next headwind is one that might hurt the worst, a weakening consumer. Recent financial data came out showing signs that the US consumer could be breaking down. The total US credit card balance hit $916 billion in September, as consumers turn to credit to help deal with high inflation. In addition, the boom in the personal savings rate that we heard about during the pandemic, is all but gone. In fact, the US personal savings hit $555.7 billion, which was the lowest levels seen since 2009.A weakening consumer means that larger purchases, like iPhones, iPads, Macs, and all that will be second guessed.And finally, the Services segment of Apple that many have been high on for years now, is beginning to slow. In Q4, the Services segment grew only 5%. In fact, total revenue by quarter has fallen for two consecutive quarters now for the first time ever.To combat this, Apple did recently announce price hikes to many of their service offerings, such as: Apple Music, Apple TV+, and Apple One.Investor TakeawayApple has held the tech sector together for the most part in what was a brutal earnings season for the sector, but I do not foresee that being the case much longer. Apple themselves did not give any guidance, but they did give \"direction\" and that was mostly focused on a slow holiday season it was is typically their best quarter.Given all of this and the headwinds I discussed, I believe it is important for analysts and investors to reset expectations with the stock.Apple trades at a price to earnings multiple of 24x and I believe this is just much too high given expectations for the next year. Analysts right now are expecting EPS of $6.28 and revenues of $407.5 billion, which would equate to growth of 2.8% and 3.3%, respectively. Paying 24x for a company growing at those fractions is much too high, which is why I believe the stock needs to come down.I love AAPL and believe it can be an essential part of your portfolio, but adding shares at these levels is not in the cards for me at the moment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916347551,"gmtCreate":1664520271074,"gmtModify":1676537470893,"author":{"id":"3577583677378683","authorId":"3577583677378683","name":"Moonbyul","avatar":"https://static.tigerbbs.com/c3393b4f329ea99dc510e630ecfecd61","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Drop more buy more Apple stock 👍🏻","listText":"Drop more buy more Apple stock 👍🏻","text":"Drop more buy more Apple stock 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916347551","repostId":"1188324957","repostType":4,"repost":{"id":"1188324957","pubTimestamp":1664501785,"share":"https://www.laohu8.com/m/news/1188324957?lang=&edition=full","pubTime":"2022-09-30 09:36","market":"us","language":"en","title":"Apple’s Ugly Day Wipes Out $120 Billion, Spills Over Big Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=1188324957","media":"Bloomberg","summary":"IPhone maker fell 4.9% after a rare analyst rating downgradeAmazon and Alphabet shares drop nearly 3","content":"<html><head></head><body><ul><li>IPhone maker fell 4.9% after a rare analyst rating downgrade</li><li>Amazon and Alphabet shares drop nearly 3% amid broad selloff</li></ul><p>Apple Inc.shares buckled after a rare analyst downgrade exacerbated another wave of selling pressure that wiped out hundreds of billions of dollars in market value from the largest US technology stocks.</p><p>The iPhone maker dropped 4.9% after Bank of Americacutits rating to neutral from buy, warning of weaker consumer demand for its popular devices. The selloff erased roughly $120 billion from Apple’s market capitalization.</p><p>There were few places to hide on Thursday with investors dumping stocks as Federal Reserve officials continue totalk toughon raising interest rates in the central bank’s fight against inflation. There were just three gainers in the Nasdaq 100 Stock Index, which fell 2.9% and within spitting distance of its June 16 low. Amazon.com Inc. and Alphabet Inc. fell nearly 3%, while Microsoft Corp. dropped 1.5%.</p><p>Meta Platforms sank 3.7% after Chief Executive Officer Mark Zuckerbergoutlinedplans to reduce headcount for the first time ever. The social media giant’s shares have fallen 59% this year amid slowing user growth.</p><p><img src=\"https://static.tigerbbs.com/4bd998a1b220129d9fe0b36a07833bc1\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Apple has been treated as a haven for much of this year, outperforming fellow mega-caps and the broader tech gauge amid a steep selloff driven by recession fears. The world’s most valuable company with a market value of nearly $2.3 trillion has now fallen about 20% in 2022, compared to a 32% decline for the Nasdaq 100.</p><p>With consumer spending expected to cool across regions, BofA analysts led by Wamsi Mohan said demand for Apple’s services has already slowed and product demand is likely to follow. Pressure from a stronger dollar will only add to its woes, they said.</p><p>While “Apple’s long-term prospects remain favorable,” BofA expects negative estimate revisions and valuation risks in the near-term.</p><p>The Nasdaq 100 is on pace for its longest streak of quarterly declines in 20 years, yet investors are stillbracingfor more pain as the Federal Reserve aggressively raises interest rates and Wall Street analysts begin cutting profit estimates.</p><p>Estimates for 2023 profit growth for tech companies in the S&amp;P 500 have declined about 6 percentage points since the start of 2022, compared with a drop of 4 percentage points for the broader index, according to data compiled by Bloomberg Intelligence.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s Ugly Day Wipes Out $120 Billion, Spills Over Big Tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple’s Ugly Day Wipes Out $120 Billion, Spills Over Big Tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-29/apple-hit-with-downgrade-as-bofa-sees-outperformance-at-risk><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IPhone maker fell 4.9% after a rare analyst rating downgradeAmazon and Alphabet shares drop nearly 3% amid broad selloffApple Inc.shares buckled after a rare analyst downgrade exacerbated another wave...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-29/apple-hit-with-downgrade-as-bofa-sees-outperformance-at-risk\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2022-09-29/apple-hit-with-downgrade-as-bofa-sees-outperformance-at-risk","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188324957","content_text":"IPhone maker fell 4.9% after a rare analyst rating downgradeAmazon and Alphabet shares drop nearly 3% amid broad selloffApple Inc.shares buckled after a rare analyst downgrade exacerbated another wave of selling pressure that wiped out hundreds of billions of dollars in market value from the largest US technology stocks.The iPhone maker dropped 4.9% after Bank of Americacutits rating to neutral from buy, warning of weaker consumer demand for its popular devices. The selloff erased roughly $120 billion from Apple’s market capitalization.There were few places to hide on Thursday with investors dumping stocks as Federal Reserve officials continue totalk toughon raising interest rates in the central bank’s fight against inflation. There were just three gainers in the Nasdaq 100 Stock Index, which fell 2.9% and within spitting distance of its June 16 low. Amazon.com Inc. and Alphabet Inc. fell nearly 3%, while Microsoft Corp. dropped 1.5%.Meta Platforms sank 3.7% after Chief Executive Officer Mark Zuckerbergoutlinedplans to reduce headcount for the first time ever. The social media giant’s shares have fallen 59% this year amid slowing user growth.Apple has been treated as a haven for much of this year, outperforming fellow mega-caps and the broader tech gauge amid a steep selloff driven by recession fears. The world’s most valuable company with a market value of nearly $2.3 trillion has now fallen about 20% in 2022, compared to a 32% decline for the Nasdaq 100.With consumer spending expected to cool across regions, BofA analysts led by Wamsi Mohan said demand for Apple’s services has already slowed and product demand is likely to follow. Pressure from a stronger dollar will only add to its woes, they said.While “Apple’s long-term prospects remain favorable,” BofA expects negative estimate revisions and valuation risks in the near-term.The Nasdaq 100 is on pace for its longest streak of quarterly declines in 20 years, yet investors are stillbracingfor more pain as the Federal Reserve aggressively raises interest rates and Wall Street analysts begin cutting profit estimates.Estimates for 2023 profit growth for tech companies in the S&P 500 have declined about 6 percentage points since the start of 2022, compared with a drop of 4 percentage points for the broader index, according to data compiled by Bloomberg Intelligence.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}