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That being said, a $ 400 AAPL stock price over the next three years is a success, right?
Perhaps, but the iPhone XS is not the vehicle to bring Apple's stock to the finish line, regardless of the quality of the phone.
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<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" The launch of the iPhone is really about the components and Apple's ability to manufacture custom processors: the innards of the iPhone constitute the real improvement, Apple having achieved the first 7nm processor, the A12 Bionic, multitasking being more fluid and applications 30% faster. ZDNet reported after launch. "Apple said that the A12 Neural Engine can process 5 trillion operations per second." "Data-reactid =" 15 ">" The launch of the iPhone concerns the components and the ability of Apple to create custom processors. "Apple released the first 7nm processor, the A12 Bionic. Multitasking is smoother and apps are launched 30% faster ZDNet reported after launch. "Apple said the A12 neural engine can process 5 trillion operations per second.
In the coming days and weeks, I'm sure we'll learn all about the pros and cons of Apple's actions and the pros and cons of the company's new iPhones. In the meantime, I remain faithful to my little 4S who no longer receives updates. For me, he calls, sends SMS and manages emails.
<h3 class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm (0.8em) – sm" type = "text" content = "Apple Stock analysts have been mixed"data-reactid =" 17 ">Apple Stock analysts have been mixed
Piper Jaffray sees a wider user base for this new generation of phones, which should increase revenues and profits. He recommends keeping the Apple stock for several years to benefit from the new phone cycle.
"A wider range of choices for next-generation form factor iPhones will result in an increase in unity compared to the current consensus during fiscal year 19," the company said. "About iPhone ASP [average selling price]on the basis of the new range, unit composition assumptions lead to an increase in our ASP estimate, resulting in an upward revision of Apple's overall revenue and earnings per share for FY19E & 20E.
However, at Goldman Sachs, analyst Rod Hall has reduced the company's earnings guidance for AAPL shares.
"Apple rolled out the new iPhones as planned, but the new LCD model" XR "was cheaper than expected," Hall wrote in a note to his customers. "In our opinion, this makes two iPhone 8/8 + SKUs obsolete and pushes us to reduce our ASP [average selling price] and earnings forecasts, slightly offset by a higher unit forecast. "
<h3 class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm (0.8em) – sm" type = "text" content = "These are the other things that matter"data-reactid =" 24 ">These are the other things that matter
In July, I pointed out the five things that Apple needs to do in order for AAPL shares to reach $ 400 by 36 months.
One of the things: the iPhone must continue to work. I do not see the iPhone XS hitting a grand slam, but I do not see it either.
The sales of the iPhone XS, the iPhone XS Max and the iPhone XR will not be rewarded, and they will certainly not be the catalyst that will take the Apple shares to $ 400 earlier , but they will not slow down Apple either. momentum.
These are the other products that can make a significant contribution to the speed at which the price of the AAPL share doubles.
<h3 class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm (0.8em) – sm" type = "text" content = "The Apple Watch"data-reactid =" 30 ">The Apple Watch
Nowhere in my list of five things that Apple needs to do to reach $ 400, I mentioned the Apple Watch. I have never taken the product seriously in a world filled with smartphones. Who should carry two devices with you, even if one of them is attached to your wrist and hard to lose?
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "However, InvestorPlace Contributors Brad Moon and Dana Blankenhorn, who understand technology a lot more than me, have both praised Apple Watch in recent articles, suggesting that the market potential is perhaps more important than what I imagined. InvestorPlace Contributors Brad Moon and Dana Blankenhorn, who understand technology a lot more than me, have both praised Apple Watch in recent articles, suggesting that the market potential is perhaps more important than what I imagined.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" The watch already crushes its competitors, with Fitbit (NYSE:IN SHAPEis now worth less than $ 1.5 billion, Samsung Electronics (OTCMKTS:SSNLF) Years of delay and Alphabet (NASDAQ:GOOGL) Dana wrote on September 10th. "data-reactid =" 33 ">" The Watch already crushes its competitors, with Fitbit (NYSE:IN SHAPEis now worth less than $ 1.5 billion, Samsung Electronics (OTCMKTS:SSNLF) Years of delay and Alphabet (NASDAQ:GOOGLIn Dana wrote on September 10th.
"If you want to know where Apple's next trillion-dollar market capitalization comes from, that's it."
As Dana suggests, forget the coaching aspects of Apple Watch and focus on health care. As our population ages, lifesaving devices through early detection of diseases and conditions will be essential at all costs.
<h3 class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm (0.8em) – sm" type = "text" content = "The Bottom Line on AAPL Stock"data-reactid =" 38 ">The Bottom Line on AAPL Stock
I do not believe, in the long run, that Apple can continue to lead the pack in terms of market capitalization if it does not offer major non-iPhone revenue generators.
That said, I always trust Tim Cook to do all he can to get there.
A price of $ 400 for Apple depends on it.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "To date, Will Ashworth did not hold any positions in the aforementioned securities."data-reactid =" 42 ">To date, Will Ashworth did not hold any positions in the aforementioned securities.
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