The main levels that must be seen before profits – Magic Post

Nasdaq Index, known as the agent Technology shares3 % for this year increased from January 25. This is not a particularly strong performance, and makes a 10 % decrease in Apple Inc. Nasdak: AaplMore inventory in relation to.

Apple today

229.82 dollars +7.04 (+3.16 %)

As of 01/27/2025 03:59 pm

This is the fair market price provided by Polygon.io. Learn more.

52 weeks

164.07 dollars

▼

$ 260.10

Profit

0.44 %

P/E ratio.

37.80

The target price

238.05 dollars

Since reaching the highest level in 52 weeks at about 260 dollars in December, the feelings have turned into the share of the company. This landmark was numbered when analysts from Jefferies Financial and Loop Capital reduced the AAPL stock.

However, not all the feelings of the analysts were decreasing. Bank of America Nyse: bacRepeat the confirmation of the purchase classification and give the arrow a target of $ 253. The permanent apple bull Dan Evez from Wedbush reiterated its classification to buy and its price of $ 325 for AAPL share.

This adds Dossisa, if there is nothing else, to the Apple profit report, which will be issued on January 30 after the market closed. What should you consider heading to profits?

Anxiety about Apple greatly stems from fears that the company’s iPhone sales will be soft in China. Many analysts indicate an increase in competition at the company’s distinguished price point. The argument says: If you do not win the smart phone market in China, you don’t win.

IVES of Wedbush believes that negative emotions are exaggerated. However, he even admitted that sales in China are likely to be “mixed to softer”.

Over the course of 2024, the Bull for AAPL case focused on the idea that the company was launching the first iPhone with artificial intelligence capabilities, which Apple is carried as Apple Intelligence. This will be the first quarter in which investors will see the success of the launch.

IPhone sales will become more clear when the company reports profits. But even, the basic issue of Apple is due to innovation or its absence. Nearly 20 years have passed since the company launched the iPhone. Analysts and investors who are accustomed to launching the company that must reach innovation after the other.

It is difficult to reduce the importance of iPhone to Apple Financial Data. The iconic product is more than half of the company’s revenues. However, investors know that the company’s services section helps get rid of this burden.

In the fourth quarter of the 2024 fiscal year of the company, services constituted about $ 24 billion of revenues, or about 27 % of the company’s total. The Services Department includes Apple TV, which has become an important player in the broadcast market, with great strikes like Ted Lasso and Severance that kept consumers to the service.

When wearable devices are added to the company, which includes Apple Watch, the revenue number is approximately $ 32 billion. This is still less than 30 % lower than the total iPhone, but it indicates that Apple deserves to be considered a portion of a part.

As of January 24, AAPL was trading about $ 222 per share. This decreased by almost 10 % from the beginning of the year; It also places the stock in the decisive level of support held in October and November 2024. Not only that, but Apple shares are now approaching crossing to the 200 -day moving average.

If the stock breaks this support, it can test a new level of support about $ 206 or even to 193 dollars. However, based on the RSI index, Apple shares are traded at sales levels.

If IVES is right, and the company is outperforming profit estimates, AAPL shares are likely to wear out of this support level. Options activity indicates that the stock can pay to $ 250. This is about 5 % higher than the current consensus estimated at $ 238.