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2021-02-26

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JPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally

2021-02-26

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18:47","market":"us","language":"en","title":"JPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1169851865","media":"Bloomberg","summary":"Tallbacken cautions about lack of volatility sellers in market\nCecchini suggests selling put options","content":"<ul>\n <li>Tallbacken cautions about lack of volatility sellers in market</li>\n <li>Cecchini suggests selling put options on April VIX futures</li>\n</ul>\n<p>The market’s so-called fear gauge is elevated, and that could bode well for stocks if history is a guide.</p>\n<p>The spread between the Cboe Volatility Index, or VIX, and two-week S&amp;P 500 realized volatility has widened to a point that historically has been followed by a volatility decline and stocks on average moving higher, JPMorgan Chase &amp; Co. strategists Marko Kolanovic and Bram Kaplan wrote in a note Wednesday. Historically, three months after that spread moved this wide, the VIX fell 11 points and the market rallied an average 12% with a move higher 87% of the time, they said.</p>\n<p>“Given the VIX is at a near-record premium to actual equity volatility, we think selling the ‘VIX bubble’ represents a good market opportunity,” the strategists wrote.</p>\n<p><img src=\"https://static.tigerbbs.com/090b90671c410c2de55d41f9901794b4\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>The VIX jumped a year ago as the Covid-19 pandemic began to spread and affect the global economy, sending markets into a tailspin. The gauge, which has a lifetime average around 19.5, has largely remained above 20 even as stocks hit record highs on encouraging pandemic news. It has also stayed high relative to measures of swings in&nbsp;other asset classes&nbsp;like credit and rates.</p>\n<p>There is one potential caveat for equity volatility investors. Michael Purves, the CEO of Tallbacken CapitalAdvisorsLLC, said there are fewer participants willing to bet on declining swings after the culling of the short-volatility industry via VIX spikes in 2018 and March 2020. That’s probably keeping the gauge from falling to its lows from years like 2016 and 2017, he said, pointing to a dearth of put-option volume as evidence.</p>\n<p>“There’s a lack of volatility sellers to take this thing lower,” Purves said in an interview. “If there was a lot of fear, you’d see put volumes being higher.”</p>\n<p>Still, there are trades that can take advantage of the current levels in the VIX complex, according to Peter Cecchini, founder of AlphaOmegaAdvisorsLLC. He suggests selling April S&amp;P calls or puts on April VIX futures, noting the steep difference between March and April VIX futures.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 18:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-25/jpmorgan-s-kolanovic-says-vix-bubble-may-spark-stock-rally><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tallbacken cautions about lack of volatility sellers in market\nCecchini suggests selling put options on April VIX futures\n\nThe market’s so-called fear gauge is elevated, and that could bode well for ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-25/jpmorgan-s-kolanovic-says-vix-bubble-may-spark-stock-rally\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","VIX":"标普500波动率指数",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-25/jpmorgan-s-kolanovic-says-vix-bubble-may-spark-stock-rally","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169851865","content_text":"Tallbacken cautions about lack of volatility sellers in market\nCecchini suggests selling put options on April VIX futures\n\nThe market’s so-called fear gauge is elevated, and that could bode well for stocks if history is a guide.\nThe spread between the Cboe Volatility Index, or VIX, and two-week S&P 500 realized volatility has widened to a point that historically has been followed by a volatility decline and stocks on average moving higher, JPMorgan Chase & Co. strategists Marko Kolanovic and Bram Kaplan wrote in a note Wednesday. Historically, three months after that spread moved this wide, the VIX fell 11 points and the market rallied an average 12% with a move higher 87% of the time, they said.\n“Given the VIX is at a near-record premium to actual equity volatility, we think selling the ‘VIX bubble’ represents a good market opportunity,” the strategists wrote.\n\nThe VIX jumped a year ago as the Covid-19 pandemic began to spread and affect the global economy, sending markets into a tailspin. The gauge, which has a lifetime average around 19.5, has largely remained above 20 even as stocks hit record highs on encouraging pandemic news. It has also stayed high relative to measures of swings in other asset classes like credit and rates.\nThere is one potential caveat for equity volatility investors. Michael Purves, the CEO of Tallbacken CapitalAdvisorsLLC, said there are fewer participants willing to bet on declining swings after the culling of the short-volatility industry via VIX spikes in 2018 and March 2020. That’s probably keeping the gauge from falling to its lows from years like 2016 and 2017, he said, pointing to a dearth of put-option volume as evidence.\n“There’s a lack of volatility sellers to take this thing lower,” Purves said in an interview. “If there was a lot of fear, you’d see put volumes being higher.”\nStill, there are trades that can take advantage of the current levels in the VIX complex, according to Peter Cecchini, founder of AlphaOmegaAdvisorsLLC. He suggests selling April S&P calls or puts on April VIX futures, noting the steep difference between March and April VIX futures.","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368372117,"gmtCreate":1614296762739,"gmtModify":1704770256383,"author":{"id":"3573268218885219","authorId":"3573268218885219","name":"Jeremyscm","avatar":"https://static.tigerbbs.com/850e912584aeacdf31bb00d24a55683a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573268218885219","idStr":"3573268218885219"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368372117","repostId":"2105349950","repostType":2,"repost":{"id":"2105349950","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1611573575,"share":"https://ttm.financial/m/news/2105349950?lang=&edition=fundamental","pubTime":"2021-01-25 19:19","market":"us","language":"en","title":"Get ready for Apple's first $100 billion quarter in history","url":"https://stock-news.laohu8.com/highlight/detail?id=2105349950","media":"Dow Jones","summary":"Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark. Even a pandemic can't stop Apple Inc. from hitting new records.The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.Apple's $$ fiscal first-quarter results will be the firs","content":"<p>Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark</p><p>Even a pandemic can't stop Apple Inc. from hitting new records.</p><p>The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.</p><p>Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Katy Huberty.</p><p>Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.</p><p>Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .</p><p>Analysts expect record performance for the company's services category as well, though <a href=\"https://laohu8.com/S/AONE\">one</a> area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.</p><p>Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.</p><p>Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.</p><p>Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.</p><p>The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.</p><p>Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.</p><p>Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.</p><p>Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.</p><p>\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.</p><p>Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.</p><p>More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple</p><p>\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"</p><p>Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.</p><p>Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.</p><p>For more: Apple bear throws cold water on 'supercycle' story</p><p>\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .</p><p>Monness, Crespi, Hardt &amp; Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.</p><p>Read: Apple is getting an earful over the AirPods Max's $549 price tag</p><p>\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Get ready for Apple's first $100 billion quarter in history</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGet ready for Apple's first $100 billion quarter in history\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-01-25 19:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark</p><p>Even a pandemic can't stop Apple Inc. from hitting new records.</p><p>The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.</p><p>Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Katy Huberty.</p><p>Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.</p><p>Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .</p><p>Analysts expect record performance for the company's services category as well, though <a href=\"https://laohu8.com/S/AONE\">one</a> area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.</p><p>Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.</p><p>Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.</p><p>Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.</p><p>The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.</p><p>Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.</p><p>Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.</p><p>Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.</p><p>\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.</p><p>Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.</p><p>More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple</p><p>\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"</p><p>Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.</p><p>Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.</p><p>For more: Apple bear throws cold water on 'supercycle' story</p><p>\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .</p><p>Monness, Crespi, Hardt &amp; Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.</p><p>Read: Apple is getting an earful over the AirPods Max's $549 price tag</p><p>\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2105349950","content_text":"Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone markEven a pandemic can't stop Apple Inc. from hitting new records.The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.Apple's $(AAPL)$ fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of Morgan Stanley analyst Katy Huberty.Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .Analysts expect record performance for the company's services category as well, though one area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.For more: Apple bear throws cold water on 'supercycle' story\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .Monness, Crespi, Hardt & Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.Read: Apple is getting an earful over the AirPods Max's $549 price tag\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368379586,"gmtCreate":1614296450045,"gmtModify":1704770250548,"author":{"id":"3573268218885219","authorId":"3573268218885219","name":"Jeremyscm","avatar":"https://static.tigerbbs.com/850e912584aeacdf31bb00d24a55683a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573268218885219","idStr":"3573268218885219"},"themes":[],"htmlText":"Ahh","listText":"Ahh","text":"Ahh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368379586","repostId":"2109038382","repostType":2,"repost":{"id":"2109038382","kind":"news","pubTimestamp":1612782000,"share":"https://ttm.financial/m/news/2109038382?lang=&edition=fundamental","pubTime":"2021-02-08 19:00","market":"us","language":"en","title":"UP Fintech Holding Limited Announces Director Resignation","url":"https://stock-news.laohu8.com/highlight/detail?id=2109038382","media":"GlobeNewswire","summary":"BEIJING, Feb. 08, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” o","content":"<html><body><p>BEIJING, Feb. 08, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that Mr. Chenglong Zhu has tendered his resignation as a director of the Company for personal reasons, effective on February 4, 2021. Mr. Chenglong Zhu’s resignation did not result from any disagreement with the Company.<br/></p>\n<p><strong>About UP Fintech Holding Limited</strong></p>\n<p>UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.</p>\n<p>For more information on the Company, please visit: https://ir.itiger.com.</p>\n<p><strong>For investor and media inquiries please contact:</strong><br/><strong>Investor Relations Contact</strong><br/>Clark S. Soucy<br/>UP Fintech Holding Limited<br/>Email: ir@itiger.com </p>\n<br/>\n<img height=\"1\" src=\"https://ml.globenewswire.com/release/track/081e0165-7ccf-4288-9039-27674256e1eb\" width=\"1\"/></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UP Fintech Holding Limited Announces Director Resignation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUP Fintech Holding Limited Announces Director Resignation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-08 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fintech-holding-limited-announces-director-110000464.html><strong>GlobeNewswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING, Feb. 08, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that...</p>\n\n<a href=\"https://finance.yahoo.com/news/fintech-holding-limited-announces-director-110000464.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券","NQGM":"纳斯达克全球综合指数"},"source_url":"https://finance.yahoo.com/news/fintech-holding-limited-announces-director-110000464.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2109038382","content_text":"BEIJING, Feb. 08, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that Mr. Chenglong Zhu has tendered his resignation as a director of the Company for personal reasons, effective on February 4, 2021. Mr. Chenglong Zhu’s resignation did not result from any disagreement with the Company.\nAbout UP Fintech Holding Limited\nUP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.\nFor more information on the Company, please visit: https://ir.itiger.com.\nFor investor and media inquiries please contact:Investor Relations ContactClark S. SoucyUP Fintech Holding LimitedEmail: ir@itiger.com","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314694590,"gmtCreate":1612342264110,"gmtModify":1704869916113,"author":{"id":"3573268218885219","authorId":"3573268218885219","name":"Jeremyscm","avatar":"https://static.tigerbbs.com/850e912584aeacdf31bb00d24a55683a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573268218885219","idStr":"3573268218885219"},"themes":[],"htmlText":"Red at her","listText":"Red at her","text":"Red at her","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314694590","repostId":"2103846906","repostType":2,"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":319585493,"gmtCreate":1611589898112,"gmtModify":1704861184702,"author":{"id":"3573268218885219","authorId":"3573268218885219","name":"Jeremyscm","avatar":"https://static.tigerbbs.com/850e912584aeacdf31bb00d24a55683a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573268218885219","idStr":"3573268218885219"},"themes":[],"htmlText":"Jyjy","listText":"Jyjy","text":"Jyjy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/319585493","repostId":"2105349950","repostType":4,"repost":{"id":"2105349950","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1611573575,"share":"https://ttm.financial/m/news/2105349950?lang=&edition=fundamental","pubTime":"2021-01-25 19:19","market":"us","language":"en","title":"Get ready for Apple's first $100 billion quarter in history","url":"https://stock-news.laohu8.com/highlight/detail?id=2105349950","media":"Dow Jones","summary":"Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark. Even a pandemic can't stop Apple Inc. from hitting new records.The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.Apple's $$ fiscal first-quarter results will be the firs","content":"<p>Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark</p><p>Even a pandemic can't stop Apple Inc. from hitting new records.</p><p>The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.</p><p>Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Katy Huberty.</p><p>Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.</p><p>Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .</p><p>Analysts expect record performance for the company's services category as well, though <a href=\"https://laohu8.com/S/AONE\">one</a> area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.</p><p>Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.</p><p>Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.</p><p>Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.</p><p>The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.</p><p>Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.</p><p>Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.</p><p>Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.</p><p>\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.</p><p>Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.</p><p>More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple</p><p>\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"</p><p>Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.</p><p>Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.</p><p>For more: Apple bear throws cold water on 'supercycle' story</p><p>\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .</p><p>Monness, Crespi, Hardt &amp; Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.</p><p>Read: Apple is getting an earful over the AirPods Max's $549 price tag</p><p>\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Get ready for Apple's first $100 billion quarter in history</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGet ready for Apple's first $100 billion quarter in history\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-01-25 19:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark</p><p>Even a pandemic can't stop Apple Inc. from hitting new records.</p><p>The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.</p><p>Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Katy Huberty.</p><p>Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.</p><p>Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .</p><p>Analysts expect record performance for the company's services category as well, though <a href=\"https://laohu8.com/S/AONE\">one</a> area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.</p><p>Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.</p><p>Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.</p><p>Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.</p><p>The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.</p><p>Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.</p><p>Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.</p><p>Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.</p><p>\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.</p><p>Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.</p><p>More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple</p><p>\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"</p><p>Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.</p><p>Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.</p><p>For more: Apple bear throws cold water on 'supercycle' story</p><p>\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .</p><p>Monness, Crespi, Hardt &amp; Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.</p><p>Read: Apple is getting an earful over the AirPods Max's $549 price tag</p><p>\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2105349950","content_text":"Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone markEven a pandemic can't stop Apple Inc. from hitting new records.The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.Apple's $(AAPL)$ fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of Morgan Stanley analyst Katy Huberty.Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .Analysts expect record performance for the company's services category as well, though one area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.For more: Apple bear throws cold water on 'supercycle' story\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .Monness, Crespi, Hardt & Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.Read: Apple is getting an earful over the AirPods Max's $549 price tag\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3527667803686145","idStr":"3527667803686145"},"content":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":368167691,"gmtCreate":1614301357813,"gmtModify":1704770339825,"author":{"id":"3573268218885219","authorId":"3573268218885219","name":"Jeremyscm","avatar":"https://static.tigerbbs.com/850e912584aeacdf31bb00d24a55683a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573268218885219","authorIdStr":"3573268218885219"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/368167691","repostId":"1169851865","repostType":4,"repost":{"id":"1169851865","kind":"news","pubTimestamp":1614250065,"share":"https://ttm.financial/m/news/1169851865?lang=&edition=fundamental","pubTime":"2021-02-25 18:47","market":"us","language":"en","title":"JPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1169851865","media":"Bloomberg","summary":"Tallbacken cautions about lack of volatility sellers in market\nCecchini suggests selling put options","content":"<ul>\n <li>Tallbacken cautions about lack of volatility sellers in market</li>\n <li>Cecchini suggests selling put options on April VIX futures</li>\n</ul>\n<p>The market’s so-called fear gauge is elevated, and that could bode well for stocks if history is a guide.</p>\n<p>The spread between the Cboe Volatility Index, or VIX, and two-week S&amp;P 500 realized volatility has widened to a point that historically has been followed by a volatility decline and stocks on average moving higher, JPMorgan Chase &amp; Co. strategists Marko Kolanovic and Bram Kaplan wrote in a note Wednesday. Historically, three months after that spread moved this wide, the VIX fell 11 points and the market rallied an average 12% with a move higher 87% of the time, they said.</p>\n<p>“Given the VIX is at a near-record premium to actual equity volatility, we think selling the ‘VIX bubble’ represents a good market opportunity,” the strategists wrote.</p>\n<p><img src=\"https://static.tigerbbs.com/090b90671c410c2de55d41f9901794b4\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>The VIX jumped a year ago as the Covid-19 pandemic began to spread and affect the global economy, sending markets into a tailspin. The gauge, which has a lifetime average around 19.5, has largely remained above 20 even as stocks hit record highs on encouraging pandemic news. It has also stayed high relative to measures of swings in&nbsp;other asset classes&nbsp;like credit and rates.</p>\n<p>There is one potential caveat for equity volatility investors. Michael Purves, the CEO of Tallbacken CapitalAdvisorsLLC, said there are fewer participants willing to bet on declining swings after the culling of the short-volatility industry via VIX spikes in 2018 and March 2020. That’s probably keeping the gauge from falling to its lows from years like 2016 and 2017, he said, pointing to a dearth of put-option volume as evidence.</p>\n<p>“There’s a lack of volatility sellers to take this thing lower,” Purves said in an interview. “If there was a lot of fear, you’d see put volumes being higher.”</p>\n<p>Still, there are trades that can take advantage of the current levels in the VIX complex, according to Peter Cecchini, founder of AlphaOmegaAdvisorsLLC. He suggests selling April S&amp;P calls or puts on April VIX futures, noting the steep difference between March and April VIX futures.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 18:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-25/jpmorgan-s-kolanovic-says-vix-bubble-may-spark-stock-rally><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tallbacken cautions about lack of volatility sellers in market\nCecchini suggests selling put options on April VIX futures\n\nThe market’s so-called fear gauge is elevated, and that could bode well for ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-25/jpmorgan-s-kolanovic-says-vix-bubble-may-spark-stock-rally\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","VIX":"标普500波动率指数",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-25/jpmorgan-s-kolanovic-says-vix-bubble-may-spark-stock-rally","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169851865","content_text":"Tallbacken cautions about lack of volatility sellers in market\nCecchini suggests selling put options on April VIX futures\n\nThe market’s so-called fear gauge is elevated, and that could bode well for stocks if history is a guide.\nThe spread between the Cboe Volatility Index, or VIX, and two-week S&P 500 realized volatility has widened to a point that historically has been followed by a volatility decline and stocks on average moving higher, JPMorgan Chase & Co. strategists Marko Kolanovic and Bram Kaplan wrote in a note Wednesday. Historically, three months after that spread moved this wide, the VIX fell 11 points and the market rallied an average 12% with a move higher 87% of the time, they said.\n“Given the VIX is at a near-record premium to actual equity volatility, we think selling the ‘VIX bubble’ represents a good market opportunity,” the strategists wrote.\n\nThe VIX jumped a year ago as the Covid-19 pandemic began to spread and affect the global economy, sending markets into a tailspin. The gauge, which has a lifetime average around 19.5, has largely remained above 20 even as stocks hit record highs on encouraging pandemic news. It has also stayed high relative to measures of swings in other asset classes like credit and rates.\nThere is one potential caveat for equity volatility investors. Michael Purves, the CEO of Tallbacken CapitalAdvisorsLLC, said there are fewer participants willing to bet on declining swings after the culling of the short-volatility industry via VIX spikes in 2018 and March 2020. That’s probably keeping the gauge from falling to its lows from years like 2016 and 2017, he said, pointing to a dearth of put-option volume as evidence.\n“There’s a lack of volatility sellers to take this thing lower,” Purves said in an interview. “If there was a lot of fear, you’d see put volumes being higher.”\nStill, there are trades that can take advantage of the current levels in the VIX complex, according to Peter Cecchini, founder of AlphaOmegaAdvisorsLLC. He suggests selling April S&P calls or puts on April VIX futures, noting the steep difference between March and April VIX futures.","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368379586,"gmtCreate":1614296450045,"gmtModify":1704770250548,"author":{"id":"3573268218885219","authorId":"3573268218885219","name":"Jeremyscm","avatar":"https://static.tigerbbs.com/850e912584aeacdf31bb00d24a55683a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573268218885219","authorIdStr":"3573268218885219"},"themes":[],"htmlText":"Ahh","listText":"Ahh","text":"Ahh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368379586","repostId":"2109038382","repostType":2,"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":319585493,"gmtCreate":1611589898112,"gmtModify":1704861184702,"author":{"id":"3573268218885219","authorId":"3573268218885219","name":"Jeremyscm","avatar":"https://static.tigerbbs.com/850e912584aeacdf31bb00d24a55683a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573268218885219","authorIdStr":"3573268218885219"},"themes":[],"htmlText":"Jyjy","listText":"Jyjy","text":"Jyjy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/319585493","repostId":"2105349950","repostType":4,"repost":{"id":"2105349950","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1611573575,"share":"https://ttm.financial/m/news/2105349950?lang=&edition=fundamental","pubTime":"2021-01-25 19:19","market":"us","language":"en","title":"Get ready for Apple's first $100 billion quarter in history","url":"https://stock-news.laohu8.com/highlight/detail?id=2105349950","media":"Dow Jones","summary":"Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark. Even a pandemic can't stop Apple Inc. from hitting new records.The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.Apple's $$ fiscal first-quarter results will be the firs","content":"<p>Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark</p><p>Even a pandemic can't stop Apple Inc. from hitting new records.</p><p>The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.</p><p>Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Katy Huberty.</p><p>Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.</p><p>Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .</p><p>Analysts expect record performance for the company's services category as well, though <a href=\"https://laohu8.com/S/AONE\">one</a> area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.</p><p>Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.</p><p>Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.</p><p>Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.</p><p>The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.</p><p>Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.</p><p>Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.</p><p>Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.</p><p>\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.</p><p>Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.</p><p>More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple</p><p>\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"</p><p>Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.</p><p>Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.</p><p>For more: Apple bear throws cold water on 'supercycle' story</p><p>\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .</p><p>Monness, Crespi, Hardt &amp; Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.</p><p>Read: Apple is getting an earful over the AirPods Max's $549 price tag</p><p>\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Get ready for Apple's first $100 billion quarter in history</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGet ready for Apple's first $100 billion quarter in history\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-01-25 19:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark</p><p>Even a pandemic can't stop Apple Inc. from hitting new records.</p><p>The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.</p><p>Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Katy Huberty.</p><p>Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.</p><p>Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .</p><p>Analysts expect record performance for the company's services category as well, though <a href=\"https://laohu8.com/S/AONE\">one</a> area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.</p><p>Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.</p><p>Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.</p><p>Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.</p><p>The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.</p><p>Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.</p><p>Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.</p><p>Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.</p><p>\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.</p><p>Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.</p><p>More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple</p><p>\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"</p><p>Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.</p><p>Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.</p><p>For more: Apple bear throws cold water on 'supercycle' story</p><p>\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .</p><p>Monness, Crespi, Hardt &amp; Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.</p><p>Read: Apple is getting an earful over the AirPods Max's $549 price tag</p><p>\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2105349950","content_text":"Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone markEven a pandemic can't stop Apple Inc. from hitting new records.The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.Apple's $(AAPL)$ fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of Morgan Stanley analyst Katy Huberty.Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .Analysts expect record performance for the company's services category as well, though one area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.For more: Apple bear throws cold water on 'supercycle' story\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .Monness, Crespi, Hardt & Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.Read: Apple is getting an earful over the AirPods Max's $549 price tag\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368372117,"gmtCreate":1614296762739,"gmtModify":1704770256383,"author":{"id":"3573268218885219","authorId":"3573268218885219","name":"Jeremyscm","avatar":"https://static.tigerbbs.com/850e912584aeacdf31bb00d24a55683a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573268218885219","authorIdStr":"3573268218885219"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368372117","repostId":"2105349950","repostType":2,"repost":{"id":"2105349950","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1611573575,"share":"https://ttm.financial/m/news/2105349950?lang=&edition=fundamental","pubTime":"2021-01-25 19:19","market":"us","language":"en","title":"Get ready for Apple's first $100 billion quarter in history","url":"https://stock-news.laohu8.com/highlight/detail?id=2105349950","media":"Dow Jones","summary":"Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark. Even a pandemic can't stop Apple Inc. from hitting new records.The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.Apple's $$ fiscal first-quarter results will be the firs","content":"<p>Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark</p><p>Even a pandemic can't stop Apple Inc. from hitting new records.</p><p>The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.</p><p>Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Katy Huberty.</p><p>Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.</p><p>Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .</p><p>Analysts expect record performance for the company's services category as well, though <a href=\"https://laohu8.com/S/AONE\">one</a> area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.</p><p>Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.</p><p>Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.</p><p>Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.</p><p>The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.</p><p>Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.</p><p>Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.</p><p>Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.</p><p>\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.</p><p>Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.</p><p>More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple</p><p>\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"</p><p>Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.</p><p>Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.</p><p>For more: Apple bear throws cold water on 'supercycle' story</p><p>\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .</p><p>Monness, Crespi, Hardt &amp; Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.</p><p>Read: Apple is getting an earful over the AirPods Max's $549 price tag</p><p>\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Get ready for Apple's first $100 billion quarter in history</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGet ready for Apple's first $100 billion quarter in history\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-01-25 19:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone mark</p><p>Even a pandemic can't stop Apple Inc. from hitting new records.</p><p>The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.</p><p>Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Katy Huberty.</p><p>Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.</p><p>Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .</p><p>Analysts expect record performance for the company's services category as well, though <a href=\"https://laohu8.com/S/AONE\">one</a> area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.</p><p>Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.</p><p>Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.</p><p>Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.</p><p>The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.</p><p>Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.</p><p>Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.</p><p>Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.</p><p>\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.</p><p>Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.</p><p>More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple</p><p>\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"</p><p>Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.</p><p>Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.</p><p>For more: Apple bear throws cold water on 'supercycle' story</p><p>\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .</p><p>Monness, Crespi, Hardt &amp; Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.</p><p>Read: Apple is getting an earful over the AirPods Max's $549 price tag</p><p>\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2105349950","content_text":"Apple earnings preview: Successful iPhone 12 holiday sales are expected to help drive record revenue above milestone markEven a pandemic can't stop Apple Inc. from hitting new records.The smartphone giant is expected to post its first-ever quarter with more than $100 billion in revenue Wednesday, driven by a strong early performance for its new iPhone 12 line as well as continued demand for Macs and iPads for remote work and school needs.Apple's $(AAPL)$ fiscal first-quarter results will be the first to include sales from the iPhone 12 family of devices, which began to roll out in October , in the view of Morgan Stanley analyst Katy Huberty.Customers seem to be increasingly opting for higher-priced iPhone models and more expensive storage configurations, which would boost the average selling price of devices and help the company's profit margin. Apple no longer provides unit-sales metrics that shed light on its average selling prices, but the company usually offers some qualitative comments about which devices are performing best.Apple has also seen strong sales of Macs and iPads amid the pandemic, with more people working and studying from home, and that momentum is expected to have continued into the fiscal first quarter. The company launched new iPads late last year as well as its first computers to feature the company's own custom chip .Analysts expect record performance for the company's services category as well, though one area may not hold up as well. Apple has done a good job of transitioning sales to its online store given the COVID-19 crisis, but it's \"overly reliant on in-store customer purchases\" to drive sales of its AppleCare insurance product, Huberty wrote.Earnings: Analysts tracked by FactSet expect that Apple earned $1.41 a share in the December quarter, up from $1.25 a year earlier. On Estimize, which crowdsources estimates from hedge funds, academics and others, the average projection calls for $1.45 a share.Revenue: The FactSet consensus models a record $102.54 billion in revenue for Apple's fiscal first quarter, up from $91.82 billion a year prior. The Estimize consensus is for $103.76 billion.Analysts tracked by FactSet model $59.58 billion in iPhone revenue for Apple, up from $55.96 billion a year earlier. Apple declined to give formal guidance for the quarter on the last earnings call, but Chief Financial Officer Luca Maestri said at the time to expect growth in iPhone revenue even though devices would begin shipping later in the quarter than they did a year prior.The FactSet consensus calls for $7.38 billion in Pad revenue, up from $5.98 billion; $8.63 billion in Mac revenue, up from $7.16 billion; $15.17 billion in services revenue, up from $12.72 billion; and $11.49 billion in revenue for the wearables, home, and accessories category, up from $10.01 billion.Stock movement: Apple shares have gained following three of the past five earnings reports, and the shares are up 72% over the past year as the Dow Jones Industrial Average , which counts Apple as a component, has gained 7%.Of the 41 analysts tracked by FactSet who cover Apple's stock, 28 have buy ratings, 10 have hold ratings and three have sell ratings, with an average price target of $132.71.Apple has declined to give a quantitative financial forecast in each of its last three earnings reports because of uncertainty related to the COVID-19 pandemic, and the trend will likely continue this quarter.\"Given lingering uncertainty, we expect Apple is more likely to provide 'guidelines' rather than 'guidance' for Q2,\" Bernstein analyst Toni Sacconaghi wrote in a note to clients. In addition to the many unknowns around the pandemic, Apple's late launch timing of the latest batch of iPhones means that the March quarter could be stronger than usual, since there were fewer iPhone 12 \"selling days\" leading up to it.Sacconaghi will also be watching for commentary on Apple's ongoing dispute with app developers led by Epic Games, which sued Apple and claimed that the company's App Store rules around in-app purchases are monopolistic. Apple lowered commission rates for smaller developers that make up the bulk of those on the App Store, even as these developers don't contribute too much to Apple's overall revenue from the platform.More on Apple and Epic: 'Fortnite' dispute might open floodgates to serious scrutiny of Apple\"We believe that Apple's decision to lower commissions was politically astute, allowing the company to portray itself as a promoter of small business, while also superficially addressing the complaint that its high app store fees are stifling competition and innovation,\" wrote Sacconaghi, who has a market perform rating and $120 price target on the stock. \"It remains to be seen if Apple will provide further commentary on this issue; that said, we continue to believe that the legal risk to App Store revenue is low.\"Morgan Stanley's Huberty is interested in the company's China momentum. She suspects that the company is benefiting from weakness at Huawei, citing data that suggest customers are switching from Huawei to Apple devices at the highest rate in 15 months. She has an overweight rating and $152 price target on the stock.Goldman Sachs analyst Rod Hall echoed the point about Huawei's challenges, though he's concerned \"that Apple has already begun cutting iPhone orders\" and that build orders for the first half of 2021 suggest a move toward models with lower average selling prices.For more: Apple bear throws cold water on 'supercycle' story\"These changes are consistent, in our opinion, with a normal iPhone redesign cycle but are not consistent with a supercycle,\" he wrote. \"As a result we continue to expect iPhone replacement rates to resume their ongoing decline in 2021.\" Hall has a sell rating and $85 target price on Apple shares .Monness, Crespi, Hardt & Co. analyst Brian White highlights several new products and services that Apple could shed light on during the quarterly call. During the December quarter, the company began selling its AirPods Max over-the-ear headphones and rolled out both a subscription fitness offering and a way to bundle service together for a discount.Read: Apple is getting an earful over the AirPods Max's $549 price tag\"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season, while product and service updates position Planet Apple well in 2021,\" he wrote. White has a buy rating and $144 price target on Apple shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314694590,"gmtCreate":1612342264110,"gmtModify":1704869916113,"author":{"id":"3573268218885219","authorId":"3573268218885219","name":"Jeremyscm","avatar":"https://static.tigerbbs.com/850e912584aeacdf31bb00d24a55683a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573268218885219","authorIdStr":"3573268218885219"},"themes":[],"htmlText":"Red at her","listText":"Red at her","text":"Red at her","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314694590","repostId":"2103846906","repostType":2,"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}