[TOPIC] Pros & Cons of Apple Products - Push $AAPL Up?
At 1:00 am SGT on September 8, $Apple(AAPL)$ held its launch event themed "Far Out" at the Steve Jobs Theater, the first offline launch event in three years since the pandemic.
Let's look at the details of the new iphone 14 series.
1. New Products & Details
Apple announced four new phones (iPhone 14/Plus, iPhone 14 Pro/Pro Max), three watches (AppleWatch Series 8, AppleWatch SE, Apple Watch Ultra), and one headphone AirPods Pro 2.
Let's look at the difference betwwen iphone 14 and 13:
Design: Compared to the Apple 13, iPhone 14 Pro turns the infamous notch into "pill-and-hole" design. It was called as a 'Dynamic Island'.
Processor: Iphone 14 and 14 plus still use the A15 Bionic chipset as the iphone 13; however, the iphone 14 pro uses the cutting edge A16 Bionic chip, which has lower power consumption and better camera capabilities.
Price: The price remains the same with the starting cost of $799; the larger iPhone 14 Plus comes in at $100 more with prices beginning at $899.
2. Good/Bad Comments?
1) No substancial upgrade
- But you can’t help feeling a little let down that you’re not getting the expected upgrade, especially in phones at this price.
- This will still be the iPhone to get for most people, but with no attempt to bring some areas in line with what Android users have enjoyed for years in cheaper phones (a 120Hz refresh rate, for example), this one may sting.
- This year, more than ever, the latest iPhone is a tough sell when you compare the specs.
2) Really like new features
3. How Will Apple stock perform?
1) iphone remains strong
Data show that iphone's market share in the US exceeded 50% for the first time at the end of June.
As Apple's most important product, iPhone sales accounted for more than 50% of total revenue last year, reaching $192 billion. iPhone sales are expected to grow another 6.7% this fiscal year through the end of September, to a record $205 billion.
2) good earnings in October
According to statistics,
since the launch of the first-generation iPhone in 2007, $Apple(AAPL)$ 's average earnings in October could reach 4.3%.
3) analysts' opinions
With the release of new Apple series in 2022, some analysts have given a price target of $220.
Alex William, editor-in-chief of TechCrunch+, said.
The problem is that investors don't seem to care much about what Apple is announcing. The lack of truly shocking stuff at the launch is consistent with Apple's previous attitude toward product updates.
As of yesterday, Apple shares closed at $155.96, up 0.93%, having already accumulated a 14% decline for the year.
Will you choose the new iphone or Apple stock?
What do you think about Apple's stock trend this year?
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However, my decision is vice-versa when it comes to Apple stocks. I'm on a look-out to scoop more from time to time when I feel the price is right.
great article