Monday, January 20, 2014 3:01:13 AM
Buying Tesla?
Apple Lands A Big One
Yesterday, China Mobile announced that it had finalized a deal with Apple (NASDAQ:AAPL). This deal has been 6 years in the making and earlier in the month it was rumored not to be doable which made the stock of Apple fall. So just how big is the market for Apple with China Mobile?
To put the Apple China Mobile deal in perspective, the number of subscribers that China Mobile has is twice the population of the US. I think that gives us an idea of just how big the potential market is for the Apple iPhone in China.
About a month ago, I did it in-depth analysis of Apple showing where we thought the stock could go in the next month or two. You can see that analysis right here. It is well worth a visit if you missed it the first time.
The sale of the iPhone goes into effect on the 17th or 18th, of January depending how you count time, remember China is 13 hours ahead of the US. Apple is also scheduled to announce earnings on the 23rd of January. I expect the stock of Apple to remain positive up until that point. I expect at that time the market will have improved and more than likely will have created some sort of interim top as the China Mobile deal gets digested.
Tim Cook, the CEO of Apple has promised some exciting new products in 2014, it is going to be interesting to see what new products Apple has up its sleeve. I expect to see an iWatch and possibly a new Apple TV which is another hotly talked about rumor.
There is even talk about Apple purchasing Tesla to get into the electric car business. Whatever Apple does it's going to be in interesting year for this company and its stock. I'll be closely watching Apple closely in 2014.
Also On My Radar Screen Today
In addition to Apple, I'll be updating my view on the major stock indices, along with gold and the dollar.
Recent AAPL News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/23/2024 08:30:44 PM
- Cruise and Uber Join Forces for Robotaxis, Alibaba Shifts Primary Listing to Hong Kong, Altria Hikes Dividend 4.1% • IH Market News • 08/23/2024 12:20:26 PM
- Schwab and Snowflake Retreat in Premarket, WeRide Postpones IPO, Halliburton Cyberattack, McDonald’s Instagram Hack • IH Market News • 08/22/2024 09:37:42 AM
- Berkshire Reduces Stake in BofA, Hawaiian Airlines Soars 10%, Paramount Receives $4.3B Offer, and More • IH Market News • 08/20/2024 09:56:02 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 10:30:16 PM
- FuboTV Soars 12% After Venu Sports Block, Goldman Sachs Lowers U.S. Recession Odds, BHP Ends Chile Strike • IH Market News • 08/19/2024 09:28:19 AM
- Deutsche Bank Faces Shareholder Backlash, Bank of America Sponsors 2026 World Cup, Quanterix CEO Buys More Shares • IH Market News • 08/16/2024 10:03:21 AM
- Bitcoin Fall Hits Other Tokens, MicroStrategy Launches Leveraged ETF, Mintzberg Takes Over Grayscale Leadership • IH Market News • 08/15/2024 07:35:02 PM
- Google Mandated to Modify Play Store, Apple Innovates, Victoria’s Secret Hires CEO, Mars Buys Kellanova • IH Market News • 08/15/2024 10:05:46 AM
- Google Forced to Modify Play Store, Apple Innovates, Victoria’s Secret Hires CEO, Mars Buys Kellanova • IH Market News • 08/15/2024 10:05:46 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 11:02:12 PM
- TSMC July Revenue Surges 45%, Nasdaq Accelerates Penny Stock Delistings, Moody’s Downgrades Intel to BAA1, and More • IH Market News • 08/09/2024 09:44:44 AM
- Intel Sued by Shareholders; JPMorgan Raises Chance of Recession; Roblox Blocked in Turkey; Micron Resumes Share Buyback • IH Market News • 08/08/2024 09:48:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/07/2024 10:30:15 PM
- Joby Aviation Seeks Australian Certification, Arcadium Lithium Projects Suspended Due to Oversupply, and More • IH Market News • 08/07/2024 09:47:32 AM
- Bargain Hunting May Contribute To Early Rebound On Wall Street • IH Market News • 08/06/2024 01:06:55 PM
- US Index Futures Rise After Market Sell-off, Oil Prices Trim Losses • IH Market News • 08/06/2024 09:49:06 AM
- Google Faces Antitrust Ruling; SunPower Files for Bankruptcy and Business Sale – Latest Business News • IH Market News • 08/06/2024 09:44:42 AM
- U.S. Stocks Move Sharply Lower Following Overseas Sell-Off • IH Market News • 08/05/2024 08:48:18 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/05/2024 08:32:46 PM
- U.S. Stocks May Extend Sell-Off Amid Overseas Weakness • IH Market News • 08/05/2024 01:05:44 PM
- Nvidia AI Chip Delays, Mars Eyes Kellanova Acquisition, Berkshire Hathaway’s Cash Surge to $277 Billion • IH Market News • 08/05/2024 09:43:55 AM
- Disappointing Jobs Data, Earnings Lead To Extended Sell-Off On Wall Street • IH Market News • 08/02/2024 08:33:16 PM
- Economic Worries, Disappointing Earnings May Lead To Extended Sell-Off • IH Market News • 08/02/2024 01:07:24 PM
- U.S. Stocks Move Sharply Lower As Data Raises Economic Concerns • IH Market News • 08/01/2024 08:44:00 PM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM