IN BRIEF |
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| Historical Performance | September is historically a difficult month for stocks.Apple. |
| Recent Results | Actions Apple have soared in the first seven months of 2023. |
| Course Objective | Tigress Financial Raises Stock Price Target Apple. |
| Product Launch | Expected impact of the new iPhone 15 on Apple shares in late September. |
| Key Figures | Revenue of $85.8 billion in the third quarter of 2024; net profit of $33.9 billion. |
| Long-Term Outlook | Apple remains interesting over the next 5 years, according to numerous analyses. |
| Environmental Initiatives | Apple continues its efforts to reduce its carbon footprint. |
Historically, the month of September often proves complicated for Apple shares. With factors such as new product launches and the end of the fiscal year, weaknesses are often seen around this time. Still, despite this turbulence, the long-term outlook for Apple stock remains bright, buoyed by continued iPhone sales growth and the company’s continued innovation.
An often volatile month of September
September is traditionally a month marked by a certain volatility for Apple shares. In 2020, the stock price saw a notable decline. Likewise, the company’s valuation fell 3.7% on the first day of trading in 2023, ending the session with a valuation of $1.99 trillion. This trend can be explained by frequent announcements of new products and the end of the fiscal year.
Impact of product launches
Every year, Apple presents its new products in September. If these launches are impatiently awaited, their impact on the price of Apple stock may vary. For example, the introduction of the iPhone 15 in September 2023 is being closely scrutinized. Baird analysts believe that this event could favorably influence sales and, therefore, strengthen Apple’s position in the market (source).
Quarterly results: a double-edged sword
Quarterly results play a crucial role in Apple stock valuation. For the third quarter of 2024, Apple reported a 5% year-over-year increase in revenue, reaching $85.8 billion. Net income for this quarter was $33.9 billion with earnings per share (EPS) of $2.18. These results strengthen investor confidence, although the period following these announcements often remains unstable (source).
Long-term outlook
Despite the challenges faced in September, the long-term outlook for Apple remain optimistic. iPhone sales are expected to grow nearly 20% in fiscal 2025, according to forecasts. Additionally, financial institutions like Tigress Financial have raised their price target for Apple stock, further strengthening the prospect of continued upside for the stock.
Innovation and diversification
Apple continues to invest in innovation, with products like the Apple Vision Pro promising to revolutionize the market. Additionally, the company is diversifying its revenue sources, increasing the share of services and entering new markets, which strengthens its resilience to seasonal market fluctuations (source).
THE Apple stock fluctuations in September require detailed attention from investors. However, the long-term outlook remains strong, supported by continued growth, major innovations and successful diversification. For those interested in buying Apple stock, it may be wise to consider not only seasonal trends but also the company’s long-term promises (source).
| Historical Status | Future Outlook |
| Performance in 2023: 3.7% drop from first day of trading in September | The iPhone 15 could revive investor interest at the end of the month |
| Q3 2024 turnover: 5% increase to $85.8 billion | Predicting iPhone growth of around 20% for fiscal 2025 |
| 2020 Share Split: 4 for 1, making actions more accessible | Tigress Financial Raised Price Target, Indicating Future Confidence |
| Environment : Ongoing efforts to reduce carbon footprint | Long-term environmental projects could improve the image and valuation |
| 2023 courses: All-time high reached after sharp rise in first seven months | Maintaining expected positive momentum with new products |
| Net profit: $33.9 billion for the quarter | Maintaining strong financial performance through innovative products |
| Finvestor Awards 2024: Apple interesting over 5 years despite mixed outlook for 2024 | Recommended long-term investment despite short-term uncertainties |
- Performance History: Apple shares often suffered bumps in September due to high expectations around new product launches.
- iPhone 15 Launch: Anticipation for the new iPhone is a key factor; its success could potentially reverse the historic negative trend of September.
- Financial Results: A 5% year-over-year increase for the third quarter of 2024 and net profits of $33.9 billion show significant financial strength.
- Share Split: The stock split in 2020 made shares more affordable, a strategy that could be reiterated to attract more investors.
- Environmental Impact: Apple continues its efforts to reduce its carbon footprint, which could boost investor confidence in the long term.
- Innovative Technologies: The introduction of products like the Apple Vision Pro promises to keep Apple at the forefront of the technology market.