To: Jeff Hayden who wrote (209215) | 7/25/2020 2:45:22 AM | From: clochard | | | Apple could morph their TV box into a mainstream gaming console by increasing performance and using AI subunits. By defining their own version of a gaming console, Apple can leverage their own ecosystem and the user doesn't have to mess around with Sony and Microsoft's monstrosities. |
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From: Henry J Costanzo | 7/25/2020 11:52:52 AM | | | | TA update:
This week..Thurs & Fri...saw the first and largest break corrective move below uptrend support since the Mar low..with a 10% pullback from the prior 399.82 record high. ...reaching a 358.88 low, which coincides with the next lower horizontal support area...and lies below both exponential MAs...with surging volume...
Aforesaid low should now allow for some increasing support to kick in...and avoid any return to the next indicated support area as low as 320ish.
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From: Moonray | 7/27/2020 9:49:51 AM | | | | JPMorgan boosts Apple target to $425 despite Focus List removal Despite removing the shares from JPMorgan's Analyst Focus List, analyst Samik Chatterjee raised the firm's price target on Apple to $425 from $365 and keeps an Overweight rating on the shares. The analyst sees upside to $425 per share by the end of 2021, driven by a "strong replacement cycle" with upcoming 5G iPhone launches, Apple's leverage of a "strong" Services portfolio benefitting from large installed base of users, as well as an "underappreciated leverage" to work from home trends. With that said, Chatterjee believes an earnings beat in the June quarter as well as strong early 5G cycle volumes appear to be priced into the shares.
AAPL is up $8.25 today. o~~~ O |
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