HelenJanet
2023-01-31

Amongst the 5 tech stocks, AMD, Apple, Alphabet, Amazon and Meta Platform mentioned in the article, my favorite company is $Apple(AAPL)$ and I predict Apple will have the best earnings and is a big winner this week based on the following:

1)Apple has the highest estimated net income of $31.059B.

2)The estimated EPS and revenue of Apple are 1.947 and $121.572B respectively which are the second highest values.

3)The quarterly EPS has also the steepest upward trend

Revenue refers to the sum of money the company generates from doing the business in the normal course of operations from its customers. Net income refers to the income earned by the company or the income left over in the company after deducting all the period’s expenses from the net revenue.

Therefore, the net income is a better indication that Apple is doing better amongst the 5 companies.

Earnings per share (EPS) is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.

The higher a company's EPS, the more profitable it is considered to be. Therefore, Apple is considered the second most profitable company amongst the 5 companies.

Apple has seen its shares pummeled on concerns about weakening macroeconomic conditions, slowing growth and supply constraints.

Apple's supply chain problems are daunting, but it's been taking steps to shift some of its production to Vietnam and India instead. It also plans to source its future iPhone and Mac chips from Taiwan Semiconductor Manufacturing's new plant in Arizona instead of the chipmaker's top-tier plants in Taiwan. Those changes won't bear any fruit until 2024 and 2025, but they'll likely reduce Apple's long-term dependence on China.

With the gradual supply chain improvements, upcoming products, the expansion of its services ecosystem, and its consistent buybacks and dividends, I have full confidence in my favourite Apple’s stock and I believe Apple's stock price will slowly rise to the moon as shown in my Tiger emotion.

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

  • HelenJanet
    2023-01-31
    HelenJanet
    The correct PnL% of my Apple’s share [Grin]
  • LMSunshine
    2023-01-31
    LMSunshine
    Great sharing❣️
  • melson
    2023-01-31
    melson
    [Happy]
  • Dave Fu
    2023-01-31
    Dave Fu
    Ok
  • phongy 45
    2023-01-31
    phongy 45
    awesome
  • boonk
    2023-01-31
    boonk
    Ok
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