hd87
2023-09-08
I think China's ban will affect Apple's stock price temporarily to certain extent. I will not trade Apple at this stage because there are still some uncertainties to observe. I will not buy Apple 15 at this stage.//@Tiger_comments:

Get ready for an exciting tech spectacle because Apple's highly anticipated event is just around the corner! In less than a week, on 12th September, $Apple(AAPL)$ will take center stage to unveil its latest innovations and cutting-edge products.

1. Highlights of Apple Fall Event

Apple officially announced a September 12th event, where they may unveil new iPhones and Watches with USB Type-C charging ports.

Apple is experimenting with 3D printing for the steel chassis of its smartwatch, the Watch.

 

Apple Event 2023: When is it and what will be announced? | MarcaApple Event 2023: When is it and what will be announced? | Marca

2. Apple generally fell on the event day?

According to the past 10 years of data, Apple's stock price may not rise on the day of the event, and the intraday volatility is extremely high.

stock performance on fall event in 2022stock performance on fall event in 2022

If the stock price had risen a lot before the event day, then it probably will not get a good performance on the day. This is because the stock price had already increased a lot before the event day.

Apple's stock price trend after the new product release is mainly bearish or sideways, and the turning point of the market is in mid-October.

3. Will iPhone sales reach 220 mln after China’s ban on it?

China ordered officials at central government agencies not to use Apple’s and other foreign-branded devices for work or bring them into the office.

China accounts for about 19% of its overall revenue.

This move and potential sales decline could explain why Apple plunged over 3% yesterday.

Except for this accident, analyst Ming-Chi Kuo predicts that Apple's 2023 iPhone shipments could reach 220-225 million units, surpassing Samsung.

Will China’s ban affect Apple’s stock price much?

How will you trade Apple ahead of fall event?

Will you buy the new iPhone 15 series?

Leave your comments and repost to win tiger coins~

@Tiger_comments：Will Apple continue to fall amid fall event & ban on iPhone?
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

  • frosti
    2023-09-16
    frosti

    If you think AAPL is going to drop lower in the near future. What would be your support level at which time you might buy more? it should be interesting to see the opinions of others on this board and reasoning.

  • nimbly
    2023-09-16
    nimbly

    Apple dropped to 124 in January. It was a great buying opportunity. Even better was 2008 when it was 3 a share adjusted for splits. Buy and hold has been the best strategy for me.

  • zinglee
    2023-09-16
    zinglee

    No innovation for the last 15 years. The same iPhone over and over again with minor lame upgrades. Apple went downhill ever since Steve Jobs left Apple.

  • wigglyz
    2023-09-16
    wigglyz

    I believe iPhone 15 Max sales are going to increase….internationally. Loyal customers want the latest product no matter.

  • bubblyx
    2023-09-16
    bubblyx

    Strong sales on the Pro if you sold you’re foolish. AAPL isn’t going anywhere. This is my retirement portfolio.

  • pixiezz
    2023-09-16
    pixiezz

    Gas prices will run up inflation. More rate hikes coming.

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