Apple ETFs in Focus Post New iPad Launch

Zacks05-08

Apple AAPL, during a virtual launch event, unveiled a new lineup of iPads for the first time in two years. The tech giant launched two new versions of its top-end iPad Pro models and two new versions ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2434774330?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/kes9BsxkrxzLN5jtRw9z5w--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/9c2d59e61c051e05ce1cae6d0db95ab5","is_english":true,"pubTime":"2024-05-08 23:30","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2434774330","market":"us","top_or_hot":-1,"title":"Apple ETFs in Focus Post New iPad Launch","media":"Zacks","content":"<div>\n<p>Apple AAPL, during a virtual launch event, unveiled a new lineup of iPads for the first time in two years. The tech giant launched two new versions of its top-end iPad Pro models and two new versions ...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-etfs-focus-post-ipad-153000343.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","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 ETFs in Focus Post New iPad Launch</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 ETFs in Focus Post New iPad Launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-08 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/apple-etfs-focus-post-ipad-153000343.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple AAPL, during a virtual launch event, unveiled a new lineup of iPads for the first time in two years. The tech giant launched two new versions of its top-end iPad Pro models and two new versions ...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-etfs-focus-post-ipad-153000343.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4532","symbol_name":"文艺复兴科技持仓","start_time":0,"source_url":"https://finance.yahoo.com/news/apple-etfs-focus-post-ipad-153000343.html","article_id":"2434774330","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/kes9BsxkrxzLN5jtRw9z5w--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/9c2d59e61c051e05ce1cae6d0db95ab5"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2434774330","pubTimestamp":1715182200,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Apple AAPL, during a virtual launch event, unveiled a new lineup of iPads for the first time in two years. The tech giant launched two new versions of its top-end iPad Pro models and two new versions of its mid-tier iPad Air. It also debuted the Apple Pencil Pro stylus and an updated Magic Keyboard case for the iPad Pro line. The new models are expected to hit stores next week and are expected to drive global tablet market share.That said, ETFs having the largest allocation to the tech titan are in focus. Technology Select Sector SPDR Fund XLK, Vanguard Information Technology ETF VGT, MSCI Information Technology Index ETF FTEC, iShares US Technology ETF IYW and Invesco QQQ QQQ have Apple as the top or second firm with a double-digit allocation and carry a Zacks Rank #1  or 2 .","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","AMZN":"亚马逊","IYW":"美国科技ETF-iShares","ABR":"阿伯房地产信托","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","BK4576":"AR","IWY":"iShares Russell Top 200 Growth I","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4566":"资本集团","LU1548497426.USD":"安联环球人工智能AT Acc","VGT":"信息技术ETF-Vanguard","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","MSFT":"微软","BK4535":"淡马锡持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","FTEC":"Fidelity MSCI Information Techno","BK4559":"巴菲特持仓","BK4527":"明星科技股","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4579":"人工智能","BK4588":"碎股","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4550":"红杉资本持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","FDN":"First Trust Dow Jones Internet I","BK4122":"互联网与直销零售","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","AAPL":"苹果","BK4573":"虚拟现实","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4110":"抵押房地产投资信托","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","QQQ":"纳指100ETF","BK4548":"巴美列捷福持仓","LU0109392836.USD":"富兰克林科技股A","XLK":"高科技指数ETF-SPDR","NFLX":"奈飞","POST":"Post Holdings","BK4528":"SaaS概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)"},"translate_title":"新iPad发布后，苹果ETF成为焦点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ABR":1,"XLK":1,"VGT":1,"QQQ":1,"POST":1,"NFLX":1,"MSFT":1,"IYW":1,"IWY":1,"FTEC":1,"AAPL":1,"AMZN":1,"FDN":0.9},"content_text":"Apple AAPL, during a virtual launch event, unveiled a new lineup of iPads for the first time in two years. The tech giant launched two new versions of its top-end iPad Pro models and two new versions of its mid-tier iPad Air. It also debuted the Apple Pencil Pro stylus and an updated Magic Keyboard case for the iPad Pro line. The new models are expected to hit stores next week and are expected to drive global tablet market share.That said, ETFs having the largest allocation to the tech titan are in focus. Technology Select Sector SPDR Fund XLK, Vanguard Information Technology ETF VGT, MSCI Information Technology Index ETF FTEC, iShares US Technology ETF IYW and Invesco QQQ QQQ have Apple as the top or second firm with a double-digit allocation and carry a Zacks Rank #1 (Strong Buy) or 2 (Buy).\nInsights Into the New Models\nThe two new iPad Pro models are the thinnest products ever (5.1 mm) and come with an M4 processor, Ultra Retina XDR display and AI. This is the “biggest update ever” to iPad Pro. The M4 chipset has been introduced for the first time by Apple. The 11-inch model costs $999, while the 13-inch model is priced at $1,299.The company said the iPad Pro could be a useful tool for professional video producers and announced a new app called Final Cut Camera that can control multiple iPhone cameras. The iPad Pro comes with a 12-megapixel rear camera that can record 4K video, according to Apple.The iPad Pro also offers support for a bunch of accessories, including the new Apple Pencil Pro, priced at $129 and Magic Keyboard, which is available at $299 for the 11-inch model and at $329 for the 13-inch model.Meanwhile, the new models of iPad Air, the mid-range tablet, are available in two sizes. The 11-inch iPad Air starts at $599 for 128GB of storage, while the 13-inch version starts at $799.  Apple has moved the front-facing camera to the longer side of the device — landscape mode — to improve videoconferencing, matching the more expensive iPad Pro models. The iPad Air comes in a variety of colors, including blue, purple and gold.All the new models are 50% faster than the previous generation and 10 times faster than the original iPad Pro or iPad Pro models. The new devices will help to bolster Apple‘s struggling tablet division and provide stiff competition to Samsung and OnePlus. The tech giant’s iPad sales declined 17% to $5.6 billion in second-quarter fiscal 2024 (read: ETFs to Buy on Apple's Q2 Earnings Beat, Largest-Ever Buyback).\nSolid Fundamentals\nApple boasts the world’s highest stock market valuation, at nearly $2.8 trillion. It has seen a negative earnings estimate revision of a penny for the current fiscal year (ending September 2024) but a positive estimate revision of 8 cents for the next fiscal over the past 30 days. The iPhone maker has an estimated earnings growth rate of 6.62% for this fiscal year, higher than the industry average growth of 4.60%.Apple currently has an average brokerage recommendation (ABR) of 1.82 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 30 brokerage firms. The current ABR compares to an ABR of 1.80 a month ago based on 28 recommendations.Of the 30 recommendations deriving the current ABR, 17 are Strong Buy and three are Buy. Strong Buy and Buy, respectively, account for 56.67% and 10% of all recommendations. A month ago, Strong Buy made up 57.14%, while Buy represented 10.71%.Based on short-term price targets offered by 29 analysts, the average price target for Apple comes to $204.23. The forecasts range from a low of $158.00 to a high of $250.00.Currently, Apple carries a Zacks Rank #3 (Hold). The stock is cheap, trading at a P/E ratio of 27.80 compared with Amazon’s (AMZN) 41.56 times, Netflix’s (NFLX) 32.62 times and Microsoft’s (MSFT) 35.16 times  (see: all the Technology ETFs here).\nETFs in Focus\nTechnology Select Sector SPDR Fund (XLK): Apple accounts for 20.8% shareVanguard Information Technology ETF (VGT): Apple accounts for a 15.4% share.MSCI Information Technology Index ETF (FTEC): Apple makes up 15.4% of the assets.iShares US Technology ETF (IYW): Apple makes up 15.6% of the assets.iShares Russell Top 200 Growth ETF (IWY): Apple accounts for 11.5% share.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nApple Inc. (AAPL) : Free Stock Analysis Report\nInvesco QQQ (QQQ): ETF Research Reports\nTechnology Select Sector SPDR ETF (XLK): ETF Research Reports\nFidelity MSCI Information Technology Index ETF (FTEC): ETF Research Reports\niShares U.S. Technology ETF (IYW): ETF Research Reports\nVanguard Information Technology ETF (VGT): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2434774330"}