Apple iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst

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Apple iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst

Barrons2021-09-21

Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a ...

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Comment（6）

Min_max
·2021-09-22
let’s wait for the launch
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SereneT
·2021-09-21
Apple stock keep for long terms
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3
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- MrL8691:
  [财迷]
  2021-09-21
  Reply
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RS142
·2021-09-21
Buy..good stock
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3
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- theresaneo:
  agree..just added position
  2021-09-21
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Adren
·2021-09-21
Wow
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2
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hoa
·2021-09-21
Apple still a good stock for long term hold
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- RS142:
  yes
  2021-09-21
  Reply
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- Adren:
  Wow
  2021-09-21
  Reply
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- HH浩:
  As far as eye can see, The moat is very strong.
  2021-09-21
  Reply
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US_watchlist
·2021-09-21
Please like and comment. Thanks
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- Kengyong888:
  Not good
  2021-09-21
  Reply
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- hoa:
  done
  2021-09-21
  Reply
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Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1\">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":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1","article_id":"1147257083","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147257083","pubTimestamp":1632204394,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Apple stock practically lives and dies on the company’s iPhone sales every year. 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As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.</p>\n<p>But Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.</p>\n<p>Taking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.</p>\n<p>In May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.</p>\n<p>Of the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.</p>\n<p>Apple stock fell 2.1% to $142.9 on Tuesday&nbsp;amid broad market weakness. 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Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147257083","content_text":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.\n\nBut New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.\n\nSeveral reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.\nBut Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.\nTaking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.\nIn May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.\nOf the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.\nApple stock fell 2.1% to $142.9 on Tuesday amid broad market weakness. 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Even though the iPh","content":"<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.</p>\n<p></p>\n<p>But New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.</p>\n<p></p>\n<p>Several reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.</p>\n<p>But Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.</p>\n<p>Taking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.</p>\n<p>In May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.</p>\n<p>Of the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.</p>\n<p>Apple stock fell 2.1% to $142.9 on Tuesday&nbsp;amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the&nbsp;S&amp;P 500 inde&nbsp;stands at 16%.</p>\n<p></p>\n<p></p>","source":"lsy1601382232898","collect":0,"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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst</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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 14:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147257083","content_text":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.\n\nBut New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.\n\nSeveral reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.\nBut Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.\nTaking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.\nIn May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.\nOf the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.\nApple stock fell 2.1% to $142.9 on Tuesday amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the S&P 500 inde stands at 16%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5945477,"gmtCreate":1632221537177,"gmtModify":1663234206538,"authorId":3566538814755746,"author":{"id":3566538814755746,"idStr":"3566538814755746","authorId":3566538814755746,"name":"MrL8691","avatar":"https://static.tigerbbs.com/e7ff79e1196a0f1cd7bb0f53b19fe045","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.77%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860770503,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"}],"langContent":"EN"},{"id":860708246,"gmtCreate":1632206677985,"gmtModify":1676530725348,"author":{"id":"3574118564601995","authorId":"3574118564601995","name":"RS142","avatar":"https://static.tigerbbs.com/22d2d9b1f352da24e6ea75b557ac987a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574118564601995","authorIdStr":"3574118564601995"},"htmlText":"Buy..good stock","listText":"Buy..good stock","text":"Buy..good stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860708246","repostId":1147257083,"repostType":4,"repost":{"id":"1147257083","kind":"news","pubTimestamp":1632204394,"share":"https://ttm.financial/m/news/1147257083?lang=&edition=fundamental","pubTime":"2021-09-21 14:06","market":"us","language":"en","title":"Apple iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1147257083","media":"Barrons","summary":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPh","content":"<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.</p>\n<p></p>\n<p>But New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.</p>\n<p></p>\n<p>Several reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.</p>\n<p>But Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.</p>\n<p>Taking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.</p>\n<p>In May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.</p>\n<p>Of the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.</p>\n<p>Apple stock fell 2.1% to $142.9 on Tuesday&nbsp;amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the&nbsp;S&amp;P 500 inde&nbsp;stands at 16%.</p>\n<p></p>\n<p></p>","source":"lsy1601382232898","collect":0,"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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst</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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 14:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147257083","content_text":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.\n\nBut New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.\n\nSeveral reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.\nBut Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.\nTaking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.\nIn May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.\nOf the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.\nApple stock fell 2.1% to $142.9 on Tuesday amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the S&P 500 inde stands at 16%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5944367,"gmtCreate":1632212598796,"gmtModify":1663234204527,"authorId":3575449476526094,"author":{"id":3575449476526094,"idStr":"3575449476526094","authorId":3575449476526094,"name":"theresaneo","avatar":"https://static.tigerbbs.com/9383793d8b3b77c07bbf847f3b45734f","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860708246,"type":1,"supId":0,"prevId":0,"content":"agree..just added position","text":"agree..just added position","html":"agree..just added position"}],"langContent":"EN"},{"id":860700264,"gmtCreate":1632206257158,"gmtModify":1676530725255,"author":{"id":"3585523380475263","authorId":"3585523380475263","name":"Adren","avatar":"https://static.tigerbbs.com/0aadde2926bded6d94841939400c4029","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585523380475263","authorIdStr":"3585523380475263"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860700264","repostId":1147257083,"repostType":4,"repost":{"id":"1147257083","kind":"news","pubTimestamp":1632204394,"share":"https://ttm.financial/m/news/1147257083?lang=&edition=fundamental","pubTime":"2021-09-21 14:06","market":"us","language":"en","title":"Apple iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1147257083","media":"Barrons","summary":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPh","content":"<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.</p>\n<p></p>\n<p>But New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.</p>\n<p></p>\n<p>Several reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.</p>\n<p>But Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.</p>\n<p>Taking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.</p>\n<p>In May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.</p>\n<p>Of the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.</p>\n<p>Apple stock fell 2.1% to $142.9 on Tuesday&nbsp;amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the&nbsp;S&amp;P 500 inde&nbsp;stands at 16%.</p>\n<p></p>\n<p></p>","source":"lsy1601382232898","collect":0,"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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst</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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 14:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147257083","content_text":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.\n\nBut New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.\n\nSeveral reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.\nBut Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.\nTaking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.\nIn May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.\nOf the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.\nApple stock fell 2.1% to $142.9 on Tuesday amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the S&P 500 inde stands at 16%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":860477345,"gmtCreate":1632206126087,"gmtModify":1676530725231,"author":{"id":"3576020103442242","authorId":"3576020103442242","name":"hoa","avatar":"https://static.tigerbbs.com/0fde20263e39879236fafd316b76c363","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576020103442242","authorIdStr":"3576020103442242"},"htmlText":"Apple still a good stock for long term hold","listText":"Apple still a good stock for long term hold","text":"Apple still a good stock for long term hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/860477345","repostId":1147257083,"repostType":4,"repost":{"id":"1147257083","kind":"news","pubTimestamp":1632204394,"share":"https://ttm.financial/m/news/1147257083?lang=&edition=fundamental","pubTime":"2021-09-21 14:06","market":"us","language":"en","title":"Apple iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1147257083","media":"Barrons","summary":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPh","content":"<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.</p>\n<p></p>\n<p>But New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.</p>\n<p></p>\n<p>Several reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.</p>\n<p>But Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.</p>\n<p>Taking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.</p>\n<p>In May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.</p>\n<p>Of the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.</p>\n<p>Apple stock fell 2.1% to $142.9 on Tuesday&nbsp;amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the&nbsp;S&amp;P 500 inde&nbsp;stands at 16%.</p>\n<p></p>\n<p></p>","source":"lsy1601382232898","collect":0,"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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst</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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 14:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147257083","content_text":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.\n\nBut New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.\n\nSeveral reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.\nBut Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.\nTaking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.\nIn May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.\nOf the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.\nApple stock fell 2.1% to $142.9 on Tuesday amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the S&P 500 inde stands at 16%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5943717,"gmtCreate":1632206717275,"gmtModify":1663234201641,"authorId":3574118564601995,"author":{"id":3574118564601995,"idStr":"3574118564601995","authorId":3574118564601995,"name":"RS142","avatar":"https://static.tigerbbs.com/22d2d9b1f352da24e6ea75b557ac987a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860477345,"type":1,"supId":0,"prevId":0,"content":"yes","text":"yes","html":"yes"},{"id":5943641,"gmtCreate":1632206252215,"gmtModify":1663234201542,"authorId":3585523380475263,"author":{"id":3585523380475263,"idStr":"3585523380475263","authorId":3585523380475263,"name":"Adren","avatar":"https://static.tigerbbs.com/0aadde2926bded6d94841939400c4029","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860477345,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"},{"id":5944063,"gmtCreate":1632209618004,"gmtModify":1663234201327,"authorId":3582015516749888,"author":{"id":3582015516749888,"idStr":"3582015516749888","authorId":3582015516749888,"name":"HH浩","avatar":"https://static.tigerbbs.com/2639351c97027c6f71c4d9729ef216d8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860477345,"type":1,"supId":5943641,"prevId":0,"content":"As far as eye can see, The moat is very strong. ","text":"As far as eye can see, The moat is very strong. ","html":"As far as eye can see, The moat is very strong. "}],"langContent":"EN"},{"id":860444752,"gmtCreate":1632204514676,"gmtModify":1676530725024,"author":{"id":"3581244873474125","authorId":"3581244873474125","name":"US_watchlist","avatar":"https://static.tigerbbs.com/c45e6bbe1cefb0fecde067a20b3c788f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581244873474125","authorIdStr":"3581244873474125"},"htmlText":"Please like and comment. Thanks","listText":"Please like and comment. Thanks","text":"Please like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/860444752","repostId":1147257083,"repostType":4,"repost":{"id":"1147257083","kind":"news","pubTimestamp":1632204394,"share":"https://ttm.financial/m/news/1147257083?lang=&edition=fundamental","pubTime":"2021-09-21 14:06","market":"us","language":"en","title":"Apple iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1147257083","media":"Barrons","summary":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPh","content":"<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.</p>\n<p></p>\n<p>But New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.</p>\n<p></p>\n<p>Several reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.</p>\n<p>But Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.</p>\n<p>Taking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.</p>\n<p>In May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.</p>\n<p>Of the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.</p>\n<p>Apple stock fell 2.1% to $142.9 on Tuesday&nbsp;amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the&nbsp;S&amp;P 500 inde&nbsp;stands at 16%.</p>\n<p></p>\n<p></p>","source":"lsy1601382232898","collect":0,"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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst</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 iPhone 13 Setup Looks Worse Than iPhone 12, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 14:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-iphone-13-51632155026?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147257083","content_text":"Apple stock practically lives and dies on the company’s iPhone sales every year. Even though the iPhone 13 launched last week didn’t surprise anyone, there are good reasons to predict it will have a positive impact on the share price.\n\nBut New Street Research analyst Pierre Ferragu wrote in a research note that investors should be cautious about Apple’s (ticker: AAPL) forthcoming iPhone 13 sales. It’s not the phone itself, which looks like a powerful piece of hardware, and contains several incremental updates. The problem is the number of people who are likely to upgrade that is getting discussed on Wall Street.\n\nSeveral reports, Ferragu wrote, say that there are more than 450 million iPhones three years old or older—seemingly nearly a half billion people that may want to upgrade. As a result, Apple bulls have predicted a strong cycle for the forthcoming batch of phones.\nBut Ferragu said that steps over an important factor: most people who buy new phones are now upgrading them every two years, either trading them in or handing them down to a child, for example. Their phones are reused in the secondary market, which upgrades every two to three years.\nTaking into account the phones that will likely get upgraded this year—from people who own iPhones that are roughly two years old—Ferragu arrives at a much smaller number of likely replacements: 190 million. That is fewer than last year’s figure, which suggests to him that the setup for the iPhone 13 isn’t as good as the iPhone 12.\nIn May, Ferragu downgraded Apple stock to a Sell, and set a $90 target price. At the time, he wrote that his team sees “material downside risk” with shipments of the new phones in the 180 million to 200 million range, compared with the consensus estimate of 234 million.\nOf the 44 analysts that cover Apple 73% rate shares at Buy, and 23% have a Hold rating.\nApple stock fell 2.1% to $142.9 on Tuesday amid broad market weakness. Shares have gained 7.7% this year, as the comparable rise in the S&P 500 inde stands at 16%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5943624,"gmtCreate":1632206089534,"gmtModify":1663234198433,"authorId":3586309751267683,"author":{"id":3586309751267683,"idStr":"3586309751267683","authorId":3586309751267683,"name":"Kengyong888","avatar":"https://static.tigerbbs.com/5bd9f716740b8af854a88febac4f4870","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860444752,"type":1,"supId":0,"prevId":0,"content":"Not good","text":"Not good","html":"Not good"},{"id":5943627,"gmtCreate":1632206105539,"gmtModify":1663234198351,"authorId":3576020103442242,"author":{"id":3576020103442242,"idStr":"3576020103442242","authorId":3576020103442242,"name":"hoa","avatar":"https://static.tigerbbs.com/0fde20263e39879236fafd316b76c363","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860444752,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":23,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}