$Apple(AAPL)$Nice upward trend. Any thoughts on upside ahead, or do you think this is a temporary momentum? 

Two notable indicators need taking care.$Apple(AAPL)$'s earning is quite attractive. Firstly, it is the feedback of market questioning of its performance, secondly, it is the feedback of the questioning of "recession", and thirdly, it is the indicator of stock market.The performance of Fiscal Year 2022 Q3 beat estimate Revenue was 83 billion US dollars, up 2% year-on-year, higher than the market consensus of 82.8 billion US dollars; Gross profit was US $35.9 billion, down 5% year-on-year, but higher than the market consensus of US $35.4 billion; The net profit was US $19.44 billion, down

Apple iPhone shipments in China 'surged' in June, following COVID-lockdowns: reportApple (NASDAQ:AAPL) $Apple(AAPL)$iPhone shipments likely soared in China in June after the country started to emerge from its COVID-related lockdowns, Bloomberg reported on Wednesday.The news outlet, citing official data, shows that mobile phone shipments in the country rose 9.2% in June, thanks to Apple (AAPL) and Samsung (OTCPK:SSNLF). Conversely, Xiaomi, Oppo and vivo fell 0.5%, according to the data.The data showed that Apple (AAPL) now has the fourth-largest market share, suggesting the majority of the demand was iPhone-related.On Monday, research firm Canalys said Apple (AAPL) had 17% of the global smartphone market at the end of the

everyone is having fear of recessionapple is a stronghold so no worries

Apple releases new report highlighting its health and fitness prowessApple (NASDAQ:AAPL)$Apple(AAPL)$ released a new report on Wednesday touting its health and fitness capabilities, highlighting the health and features on the iPhone and Apple Watch, while also working with the medical community for research and care.The 59-page report, which was the brainchild of Apple's (AAPL) Chief Operating Officer Jeff Williams, is a comprehensive view of the tech giant's approach towards healthcare and what it says it is doing to advance work in the area.“Our vision for the future is to continue to create science-based technology that equips people with even more information and acts as an intelligent guardian for their health, so th

$Apple(AAPL)$Steady

Cutting an $Apple(AAPL)$🍎We have seen several big tech companies moved to "cut the fat" regarding workforce and reduce hiring.  Apple is late in the game and doesn't want to left out. -Tesla laid off 10% of workforce -Netflix laid off 300 more employees in 2nd round of job cuts -Microsoft cuts a small portion of workforce. (<1%)Apple is no different and wants to decelerate spending.  This is prudent in face of potential decreasing revenue in the few challenging quarters ahead. It's just like us - If we can't increases our salary when daily costs increase, then we have to learn to save more to makeup the difference.Some tech companies have downright cut a (small) portion of workforce, w

I think it looks like it may miss. The lockdowns in China would have affected their supplyof chips already. Also, inflation has adversely affected incomes of consumers. At this rate, even if they meet expectations, it does not instill confidence for the subsequent quarters!

A good Guage is to project where Apple will be at S&P500 or 4160. If that gets rejected, tat will be the top for Apple. So going short in next few days might be worthwhile. 

Apple agrees to pay $50M to settle 'butterfly' keyboard lawsuitApple (NASDAQ:AAPL) $Apple(AAPL)$ has agreed to pay $50M to settle a class-action lawsuit that accused the tech giant of knowing and concealing that the "butterfly" keyboards on its MacBooks were likely to fail, Reuters reported.The proposed settlement was filed on Monday in a federal court in San Jose, California and requires the approval from a judge, the news outlet added.The settlement covers people who bought MacBook, MacBook Air and most MacBook Pro models between 2015 and 2019 in seven U.S. states, including California, New Jersey and New York.Customers from Florida, Illinois, Michigan and Washington were also included in the lawsuit.Those covered

$Apple(AAPL)$ still has one of the strongest fundamentals and there is no signs of slowing consumer demand.

Bloomberg reported this article about Apple slowing down their hiring although has send the market off track on the day itself, but Apple's share price has gone back up and higher the very next day. Apple is likely to report a fairly decent earning this coming end July, but may have a weaker guidance moving forward. iPhone 14 is a very much anticipated model to be released for a while now, there should have strong demands for this coming model and thus will drive Apple's share price higher back up closer to the once 3 trillion market cap again. 

[smile] 

Apple  plans to slow hiring and spending growth next year in some units to cope with a potential economic downturn.The potential move would see Apple - the world's most valuable company - joining Tesla, Microsoft, Meta Platforms, Twitter and Google etc in slowing hiring. Apple is expected to launch new iPhone models (iPhone 14) in September 2022 which is a yearly event. Beside the new iPhone models, Apple is also planning an aggressive product launch schedule in 2023 that includes a mixed-reality headset, its first major new category since 2015. Fears have risen in recent months that aggressive interest rate hikes by the Federal Reserve to tame an unabating surge in inflation could tip the economy into a recession. The price pressures have also raised worries that customers could cur

Apple likely to meet Q3 results, but all eyes on demand as iPhone 14 gets set to launchApple (NASDAQ:AAPL)$Apple(AAPL)$ is likely to meet fiscal third-quarter results when it reports on July 28, but all eyes will be on demand, especially with the iPhone 14 getting ready to launch in the fall, Wedbush Securities said on Tuesday.Analyst Dan Ives, who has an outperform rating on Apple (AAPL) shares, said that demand for the iPhone is "holding up slightly better than expected," but there is still going to be some weakness, though Wall Street is expecting that.Ives also noted that Apple (AAPL) likely gained roughly 3% of the smartphone market in China over the past 12 months, thanks to the iPhone 12 and iPhone 13 product cycle

Sell grab [Anger] 

The point of $Apple(AAPL)$need to worry despite high demand, in long term and future wise, I still believe in Apple! Apple is becoming increasingly cautious about market sentiment with projections of demand not living up to previous expectations. Apple's projections were initially based on demand from the 2020-2021 period, where lockdowns meant people had extra purchasing power, and they spent it on discretionary goods. Since then, demand has started to cool off as the base-effect from previous years wears off. Apple had significantly increased its expenditure in 2021, with R&D increasing by 17%, capital expenditure increasing by 52%, and payroll, marketing, and administrative costs increasing by 13% to $44 billion.PC sales

Most probably.

Most probably.