Apple Dips More with Sales Plunge and Weak Outlook?

Apple sales dip again, with revenues dipping 1% to $89.5bn. Although beating estimates, Apple shares fell in extended trading after executives suggested the company may not return to growth in the important holiday quarter. -------------------- Are you bullish or bearish on Apple's holiday sales? Will you buy Apple products? What's your target price for bottoming Apple?

avatarphongy 45
2023-11-06
$Apple(AAPL)$ ... Good to monitor, buy on weakness . Counter is still a favourite. 
avatarSabrina Tsai
2023-11-05
$Apple(AAPL)$ all the way !
avatarHLPA
2023-11-04
$Apple(AAPL)$ Fellow Tiger investors, I am not crazy to stay bullish on AAPL. You would expected to remain bearish especially the company reported a plunge in earnings last trading session. You see, the Apple iphone is the darling of phone users worldwide. Whatever the earnings reportshe, Apple new iphones to come with more upbeat and AI featutes, would still be much sought after. This drop in current earnings does not mean future AAPL weakness. Yes, Apple is still the largest of the megacap stocks and you never fail to expect future growth in Apple. The company is one of the magnificient seven stocks riding on the artificial intelligence platform. With that, I trust that AAPL stock would stay strong , poor earnings
avatarMrzorro
2023-11-03
Why Apple Shares Dip Despite Earnings Top Estimates $Apple(AAPL)$ 's CFO Luca Maestri announced on a conference call following the quarterly report that while iPhone revenue is expected to increase in the December quarter, overall sales are predicted to be similar to the year-earlier period. The unenthusiastic forecast caused the shares to drop by as much as 4% in after-hours trading. Apple's Earnings Revenue fell to $89.5 billion in the fiscal fourth quarter, which ended Sept. 30. That compared with an average Wall Street estimate of $89.35 billion. The company said iPhone sales increased to $43.8 billion in its fourth quarter, slightly beating expectations and marking a new record for iPhone sales in its fisca
avatarVideoLounge
2023-11-03
[Apple should be viewed as a consumer staples company, says Deepwater's Gene Munster.] Gene Munster, Deepwater Asset Management, joins 'Fast Money' to talk Apple's Q4 earnings. $Apple(AAPL)$

BIG TECH WEEKLY | Who's Strongest in Q3 Earnings Season?

Big-Tech’s PerformanceThere were no surprises at this week's FOMC meeting and Powell's stance remained largely unchanged. The overall wording was not as tight as before, indicating that the current market interest rates are already having a tightening effect. Therefore, the market is more hopeful that the tightening pace will be relaxed earlier next year. US treasury yields have also started to plunge.As a result, risk sentiment has returned and second-tier growth stocks have rebounded significantly under the leadership of some financial reports. Meta, Tesla, and Google among the big tech companies have also rebounded significantly.As of the close on November 2nd, all major tech companies have risen in the past five trading days.The biggest increase was
BIG TECH WEEKLY | Who's Strongest in Q3 Earnings Season?
avatarDias triyana
2023-11-03
avatarFranklinMorley
2023-11-03

Will Apple never reach $170?

$Apple(AAPL)$ I was long on apple for a long time and I sold a while back at 170, took profit because every time it hit 170s it crashed back to 120s like a broken record. I remember being so frustrated holding this stock, I kept 1 share to remind me of this fat pig rollercoaster.For the past 2 years, Apple has been essentially flat. The luster is warn off on this stock. There has never been a span like this. Smells like Disney $Walt Disney(DIS)$ .Past performance is not a guarantee of future growth.
Will Apple never reach $170?
avatarBorisBack
2023-11-03

Apple is a heavily shorted stock

$Apple(AAPL)$ Shorts are blasting full throttle. Apple is a heavily shorted stock. 1.85 times the average daily volume. AMD $Advanced Micro Devices(AMD)$ fell during AH on the day of earnings. Next day it went up. Reasons are different for each stock. If Apple drops tomorrow, it will take all the Nasdaq $NASDAQ(.IXIC)$ and Dow $DJIA(.DJI)$ along with it. This qtrly earning is not bad. Guidance is also not bad. They are not losing any customer. Some of the sales will e pushed out to next qtr due to supply constraint. I see stock will up. AH drop is due to fear. The same FOMO will be there. GLTAL
Apple is a heavily shorted stock
avatarEmilyMark
2023-11-03

Apple peaked on July 31st, now it's all downhill

$Apple(AAPL)$ Hit our target, then dumped as expected. This aged like a fine wine from the finest vineyard.apple peaked on July 31st. Now it's all downhill from here until they come out with a new product that everyone will want. And I don't mean health wearables. Not everyone wants to know every single minute about their health. And their headsets are overpriced. Those engineers have to come up with a product that everyone wants and can afford. Otherwise, it's decline after decline in revenues quarter after quarter.love it when history repeats? notice how theres no haters in the comments! cant hit on this one haha
Apple peaked on July 31st, now it's all downhill
avatarlittlesweetie
2023-11-03

APPLE price is forming a bullish falling wedge pattern

$Apple(AAPL)$ APPLE price is forming a bullish falling wedge pattern, if price make a bullish break of the wedge and continues to hold above the structure, I expect the price to move higher towards the next resistance..4 straight quarters of declining revenues ain't good, with a 5th straight quarter now squarely on the horizon. Looks like a pe contraction is in the cards for aapl.Apple doesn't innovate anymore. no new products. People don't need a pricey iPad. iMacs have their place but at what cost?
APPLE price is forming a bullish falling wedge pattern
avatarAfraSimon
2023-11-03

I think its a good time to buy on the dip

$Apple(AAPL)$ I think its a good time to buy on the dip . Bottom line is all that matters and there making billions . Services cost them little to nothing and there up huge . No one is going to buy a new phone every year, but they still topped sales on that too . Plenty people loaded with cash will be buying for the holidays , i don't see anyone hurting for money . More traffic then I have ever seen and the pumps when the suv pull away say $122 on fill up suv after suv . this country is loaded with cash and the love the holiday shopping . This will blow out earnings next quarter again as it has for the last 20 years .
I think its a good time to buy on the dip
avatarJinHan
2023-11-03

Apple Soars with Earnings, But Investors Should Stay the Course

Apple Inc. (AAPL) recently released its fiscal fourth-quarter earnings report, causing a stir in the market. While the tech giant’s stock initially experienced a slight dip in after-hours trading, the overall outlook remains promising. This article delves into Apple’s earnings news, why investors should maintain their composure despite share price fluctuations, and the perspective of a steadfast Apple investor. $Apple(AAPL)$  Apple’s Earnings News: Apple’s fiscal fourth-quarter earnings report delivered results that beat market estimates, showcasing resilience and adaptability despite facing challenges such as supply chain issues and the ongoing global pandemic. The company reported earnings per share of $1.46 o
Apple Soars with Earnings, But Investors Should Stay the Course
avatarTigerHulk
2023-11-03
$Apple(AAPL)$ I am bearish on apple growth after looking at the latest result. I would expect further decline for iPhone sales as they are lack of innovations and been milking on the traditional design since day one. They need to do more and innovate in order to gain the market share again, hence I expect further weakness and decline in the stock. Please exercise extra caution in trading the stocks and it's extremely voliatile at the moment. 

Will Apple lose its market value throne in Q4?

$Apple(AAPL)$ may be one of the most important reports determining the market sentiment this quarter. As one of the largest components of the index, despite a continuous year-on-year decline in revenue for four quarters, the company's profits still exceeded expectations, demonstrating resilience in the consumer goods counter-cyclical economic environment for a mature company.AAPL Post HourThere was some market volatility after the financial report, but it wasn't particularly severe. Because expectations were not high, profit-taking occurred early. The guidance for the next quarter was not particularly optimistic, and long-term investors, including $Berkshire Hathaway(BRK.B)$ may reconsider their position
Will Apple lose its market value throne in Q4?
avatarZEROHERO
2023-11-03

A Chance To Dip Buy The Fruit? 🍎

Apple Inc. continued its streak of revenue declines into a fourth consecutive quarter, beating overall sales expectations but coming up short in China. Apple shares were off 3% in late trading following the earnings call. ⚠️ Trading tips: looking at calls above 173.45 and puts below. 169.33 on Friday. Monitor NFP data at 8:30am and ISM numbers at 10am before taking the position. Momentum candles occur at midday these days. Swing trades could be a good consideration looking at the recent recovery of META, MSFT, AMZN and the likes. Not financial advice! 😉 Oversold for a dip buy opportunity? AAPL Q4 Earnings Summary: *EARNINGS PER SHARE $1.46, EST. $1.39 *REVENUE $89.50B, EST. $89.31B *IPHONE REVENUE $43.81B, EST. $43.73B *GREATER CHINA REV. $15.08B, EST. $17.01B For the September quarter,
A Chance To Dip Buy The Fruit? 🍎
avatarKong123
2023-11-03