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$Twitter (Delisted) (TWTR.US)$
Falling every day, falling every day!!!
Falling every day, falling every day!!!
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$SGX (S68.SG)$Do you want to be my lover? The condition is below 9 dollars....
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$BlackBerry (BB.US)$ BlackBerry Limited Granted U.S. Patent Titled 'Method and system for trailer tracking and inventory management'
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$Cloudflare (NET.US)$ $Tesla (TSLA.US)$ Based on valuation alone, it'd be prudent to take some profits. But if you'd done the same with Tesla all those years ago, you would've missed out on 700% more gains.
It's my contention that Cloudflare, although not directly comparable to Tesla, is a company that is going to be even more integral in the future to the entirety of the internet and isn't a company you can make a judgement on based on valuation and earnings alone at this point. If people were banking on only its earnings, it wouldn't be at the price it's at now, obviously.
It's my contention that Cloudflare, although not directly comparable to Tesla, is a company that is going to be even more integral in the future to the entirety of the internet and isn't a company you can make a judgement on based on valuation and earnings alone at this point. If people were banking on only its earnings, it wouldn't be at the price it's at now, obviously.
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$CapLand IntCom T (C38U.SG)$
i thought capland has ceased trading since they are restructuring. Why are there still movement in this stock? Pls help. im confused.
i thought capland has ceased trading since they are restructuring. Why are there still movement in this stock? Pls help. im confused.
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After surging to an all-time high of USD157.26 a week ago, $Apple (AAPL.US)$ has slid 5.3% on the back of some negative news. With the launch of iPhone 13 and other updated products at “California Streaming” just round the corner, will the stock rebound?
What Caused the Slide?
1) The end of monopoly over payment platform in IOS App Store
In Epic Games v Apple, Judge Yvonne Gonzalez Rogers issued a permanent nationwide injunction prohibiting Apple from imposing anti-steering rules. This means with effect from December 2021, developers can direct Apple users to alternative forms of in-app purchase.
On 26 Aug 2021, Apple proposed a USD100m settlement in a different suit and clarified that developers are permitted to communicate directly with customers to inform them of other payment options if the customers consent to be contacted.
“Reader” apps (e.g. Netflix, Kindle and Spotify) are now allowed to add links to their own signup websites.
In related news, South Korea has also voted to pass an antitrust law that prevents operators of app markets from monopolising payment platforms. Google Play Store $Alphabet-A (GOOGL.US)$ $Alphabet-C (GOOG.US)$ is also going to be affected by this law.
All these will certainly reduce Apple’s lucrative income stream of 15-30% cut from payments made through its App Store in the future.
2) Increase in the cost of chips
$Taiwan Semiconductor (TSM.US)$ which has 56% of the market share in the global semiconductor foundry industry, is implementing a price hike for its chips with effect from 1 Oct 2021. This will increase Apple’s production cost so Apple will either have to go for a lower profit margin or pass on the costs to the consumer in the form of higher prices. Higher prices can lead to lower demand.
Most other chip companies have already raised prices. In my opinion, since the cost increase affects all chip users and Apple has a pretty strong user base, I think the impact will be transitory.
3) Apple’s head of Project Titan has been poached by Ford
Doug Field’s departure, in addition to the loss of several top managers from the team in recent months, is seen as a sign of further delays to the Apple branded car. Apple has appointed Kevin Lynch, its Apple Watch head, to take over. Lynch’s expertise is in software development so this may mean Apple is focusing more on software features for the new car design.
Speculations about the launch date of the car have ranged between 2025 and 2027 or later. The latest word is that Apple will be developing the car alone instead of doing a partnership with automakers to avoid further delays. On the positive side, Apple recently hired two former Mercedes engineers, one of whom has experience in mass production of vehicles, vehicle steering, dynamics, software and project management.
What to Look Out for In “California Streaming”
iPhone 13 is expected to have a faster chip, a smaller display notch, a better camera and a bigger battery. Other that, it is not going to be too different from the highly successful iPhone 12 in terms of look and size. A new Airpod model is also rumoured to be in the launch.
Short Term Outlook
Apple is fundamentally a sound company and the progressive switch to 5G means more people will be buying 5G phones. Handphone sales for the current fiscal year ending in September is already 27% higher than last year. It is flush with cash and has pledged to increase share buybacks.
The antitrust pressure will no doubt impact its service business revenue but I think it can overcome this by reinventing itself and finding new ways to grow. Having said that, unless Apple delivers major surprises during “California Streaming” or some hugely positive news happens, a rally in the stock price may not happen so fast. I would trade with caution given the many warnings of impending correction in the overall market ( $SPDR S&P 500 ETF (SPY.US)$ $iShares Core S&P 500 ETF (IVV.US)$ $Invesco QQQ Trust (QQQ.US)$).
If you enjoy this article, please click and/or comment below. Thanks!
You may also be interested in Highest Returns To Date https://www.moomoo.com/en-sg/community/feed/106911175344134?lang_code=2
Disclaimer: The above is just sharing of my non-expert opinion. It is not financial advice or investment recommendation. Please do your due diligence and consult your financial advisor before making any investment decision.
What Caused the Slide?
1) The end of monopoly over payment platform in IOS App Store
In Epic Games v Apple, Judge Yvonne Gonzalez Rogers issued a permanent nationwide injunction prohibiting Apple from imposing anti-steering rules. This means with effect from December 2021, developers can direct Apple users to alternative forms of in-app purchase.
On 26 Aug 2021, Apple proposed a USD100m settlement in a different suit and clarified that developers are permitted to communicate directly with customers to inform them of other payment options if the customers consent to be contacted.
“Reader” apps (e.g. Netflix, Kindle and Spotify) are now allowed to add links to their own signup websites.
In related news, South Korea has also voted to pass an antitrust law that prevents operators of app markets from monopolising payment platforms. Google Play Store $Alphabet-A (GOOGL.US)$ $Alphabet-C (GOOG.US)$ is also going to be affected by this law.
All these will certainly reduce Apple’s lucrative income stream of 15-30% cut from payments made through its App Store in the future.
2) Increase in the cost of chips
$Taiwan Semiconductor (TSM.US)$ which has 56% of the market share in the global semiconductor foundry industry, is implementing a price hike for its chips with effect from 1 Oct 2021. This will increase Apple’s production cost so Apple will either have to go for a lower profit margin or pass on the costs to the consumer in the form of higher prices. Higher prices can lead to lower demand.
Most other chip companies have already raised prices. In my opinion, since the cost increase affects all chip users and Apple has a pretty strong user base, I think the impact will be transitory.
3) Apple’s head of Project Titan has been poached by Ford
Doug Field’s departure, in addition to the loss of several top managers from the team in recent months, is seen as a sign of further delays to the Apple branded car. Apple has appointed Kevin Lynch, its Apple Watch head, to take over. Lynch’s expertise is in software development so this may mean Apple is focusing more on software features for the new car design.
Speculations about the launch date of the car have ranged between 2025 and 2027 or later. The latest word is that Apple will be developing the car alone instead of doing a partnership with automakers to avoid further delays. On the positive side, Apple recently hired two former Mercedes engineers, one of whom has experience in mass production of vehicles, vehicle steering, dynamics, software and project management.
What to Look Out for In “California Streaming”
iPhone 13 is expected to have a faster chip, a smaller display notch, a better camera and a bigger battery. Other that, it is not going to be too different from the highly successful iPhone 12 in terms of look and size. A new Airpod model is also rumoured to be in the launch.
Short Term Outlook
Apple is fundamentally a sound company and the progressive switch to 5G means more people will be buying 5G phones. Handphone sales for the current fiscal year ending in September is already 27% higher than last year. It is flush with cash and has pledged to increase share buybacks.
The antitrust pressure will no doubt impact its service business revenue but I think it can overcome this by reinventing itself and finding new ways to grow. Having said that, unless Apple delivers major surprises during “California Streaming” or some hugely positive news happens, a rally in the stock price may not happen so fast. I would trade with caution given the many warnings of impending correction in the overall market ( $SPDR S&P 500 ETF (SPY.US)$ $iShares Core S&P 500 ETF (IVV.US)$ $Invesco QQQ Trust (QQQ.US)$).
If you enjoy this article, please click and/or comment below. Thanks!
You may also be interested in Highest Returns To Date https://www.moomoo.com/en-sg/community/feed/106911175344134?lang_code=2
Disclaimer: The above is just sharing of my non-expert opinion. It is not financial advice or investment recommendation. Please do your due diligence and consult your financial advisor before making any investment decision.
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$Micron Technology (MU.US)$ TO THE MOON
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After a strong run to $186.29, $Disney (DIS.US)$ has dipped. If the support at $174 holds, there is a chance for a reversal. Its 52-week high is $203.02 so there is a fair amount of room for upside.
In terms of fundamentals, Disney is a well-known brand. The lucrative IPs it holds will continue to generate strong revenue in the years to come.
Its launch of the Disney Plus channel is well-poised for the change in consumer preferences as consumers gravitate to video-on-demand and the internet for their home entertainment needs and cushions it against future lockdowns that will affect cinemas. Its stable of family-friendly Pixar and Disney animation titles, Marvel franchise and Star Wars franchise have widespread appeal and a core fan base that will help it to hold its own against its rivals, Netflix and Amazon Prime.
Although its Parks, Experiences and Products segment has been badly affected by the pandemic, the economy is expected to pick up as the vac...
In terms of fundamentals, Disney is a well-known brand. The lucrative IPs it holds will continue to generate strong revenue in the years to come.
Its launch of the Disney Plus channel is well-poised for the change in consumer preferences as consumers gravitate to video-on-demand and the internet for their home entertainment needs and cushions it against future lockdowns that will affect cinemas. Its stable of family-friendly Pixar and Disney animation titles, Marvel franchise and Star Wars franchise have widespread appeal and a core fan base that will help it to hold its own against its rivals, Netflix and Amazon Prime.
Although its Parks, Experiences and Products segment has been badly affected by the pandemic, the economy is expected to pick up as the vac...
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