Will Apple continue to fall amid fall event & ban on iPhone?

Tiger_comments
2023-09-07

Get ready for an exciting tech spectacle because Apple's highly anticipated event is just around the corner! In less than a week, on 12th September, $Apple(AAPL)$ will take center stage to unveil its latest innovations and cutting-edge products.

1. Highlights of Apple Fall Event

Apple officially announced a September 12th event, where they may unveil new iPhones and Watches with USB Type-C charging ports.

Apple is experimenting with 3D printing for the steel chassis of its smartwatch, the Watch.

Apple Event 2023: When is it and what will be announced? | Marca

2. Apple generally fell on the event day?

According to the past 10 years of data, Apple's stock price may not rise on the day of the event, and the intraday volatility is extremely high.

stock performance on fall event in 2022

If the stock price had risen a lot before the event day, then it probably will not get a good performance on the day. This is because the stock price had already increased a lot before the event day.

Apple's stock price trend after the new product release is mainly bearish or sideways, and the turning point of the market is in mid-October.

3. Will iPhone sales reach 220 mln after China’s ban on it?

China ordered officials at central government agencies not to use Apple’s and other foreign-branded devices for work or bring them into the office.

China accounts for about 19% of its overall revenue.

This move and potential sales decline could explain why Apple plunged over 3% yesterday.

Except for this accident, analyst Ming-Chi Kuo predicts that Apple's 2023 iPhone shipments could reach 220-225 million units, surpassing Samsung.

Will China’s ban affect Apple’s stock price much?

How will you trade Apple ahead of fall event?

Will you buy the new iPhone 15 series?

Leave your comments and repost to win tiger coins~

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Shyon
·2023-09-08
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Personally, I think China action to ban will affect Apple's stock as iPhone biggest market is currently from China without any doubt. It might be a great move from Chinese government to imply such restriction as some counter measures against US bans over the years. I will not buy the new iPhone 15 because i am totally attracted by the new release huawei mate60 which is much more innovative and interesting to explore for me. How about you? Huawei comes back strongly or the classic Apple? Come and join the discussion. [Surprised] [Surprised] [Surprised] [Surprised] [Surprised]

@GoodLife99 @Aqa @b1uesky @icycrystal @Universe宇宙 @rL @koolgal

@koolgal @rL @Universe宇宙 @icycrystal @b1uesky @Aqa @GoodLife99
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- ShyonReplying toChrisColeman:
  Yeah, some political and trade "war" around, still quite unbelievable for me in this century.
  2023-09-10
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- ShyonReplying toBillyWilliams:
  What a good say, my friend. Fully agreed with you on this!
  2023-09-10
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- ShyonReplying toBillyWilliams:
  This i agree. Even though people keeps praise local phones, but end up they will buy iPhone again. Let's see the sales for new iPhone launch very soon.
  2023-09-10
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Shyon
·2023-09-08
TOP
Personally, I think China action to ban will affect Apple's stock as iPhone biggest market is currently from China without any doubt. It might be a great move from Chinese government to imply such restriction as some counter measures against US bans over the years. I will not buy the new iPhone 15 because i am totally attracted by the new release huawei mate60 which is much more innovative and interesting to explore for me. How about you? Huawei comes back strongly or the classic Apple? Come and join the discussion. [Surprised] [Surprised] [Surprised] [Surprised] [Surprised]

@koolgal @rL @Universe宇宙 @icycrystal @b1uesky @Aqa @GoodLife99

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- Universe宇宙:
  [Wow]
  2023-09-08
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- zookie:
  Apple will be the next IBM story. Stuck in the limbo for decades to come.
  2023-09-08
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- frostiix:
  AAPL contracts are up +150% today alone 🔥Crystal clear warning sent to bears last night
  2023-09-08
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Kaixiang
·2023-09-08
TOP
China’s a huge market for Apple which has unfortunately become a victim of this trade war. This ban will inevitably cause a dent in Apple’s revenue and profits, and possibly followed by other upstream restrictions for example production.
Continual expansion of the manufacturing capabilites in other country, i.e. India, will be imperative in mitigating this political risk.
Apple is still rather pricey in terms of valuation. Shall wait for a more attractive entry point before loading up more shares.
Keeping my hopes high for the new iphone 15 series as it is time for replacement.
What are your thoughts on Apple, my friends? [Grin]
@Jo_Tan @Universe宇宙 @MHh @JC888 @koolgal @LMSunshine @Fenger1188 @DiAngel @pete13 @KYHBKO
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- KaixiangReplying toKYHBKO:
  I think Apple’s too far behind the EV competition… unlikely to see any major breakthrough. What I am curious to see if their services segment which have grown considerably… how they can further leverage their financial power and customer base to offer even more services
  2023-09-09
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- KYHBKO:
  Apple has solid branding and is caught in a trade war. while they have good products and good margins, the notable innovation comes from their M1 and M2 chips. I was hoping that the Apple car can be a game changer but is it dead in the water? they need to maintain a bigger lead ahead.
  2023-09-09
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- Universe宇宙:
  [ShakeHands]
  2023-09-09
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TigerOptions
·2023-09-08
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中国的行动和政策确实可以对$苹果(AAPL)$ 考虑到中国在苹果全球供应链和市场中的重要作用，中国的股票价格。中国当局对苹果产品或服务实施的任何限制或禁令都可能影响该公司的收入，从而影响其股价。投资者应密切关注中国的事态发展。
在秋季事件之前交易苹果取决于各种因素，包括你的投资策略和风险承受能力。考虑导致此类事件的市场情绪、谣言和历史价格模式至关重要。一些投资者可能会选择购买或持有苹果股票，期待产品发布，而其他人可能会选择更谨慎的方法，因为市场反应可能是不可预测的。
至于购买新的iPhone 15系列，我不会购买iPhone 15，因为我目前的iPhone 14仍然处于良好的工作状态。[可爱]
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Success88
·2023-09-07
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Yes apple will fall till $160 i beleiev. China offical ban apple phone from going government office. This will lead to no one using apple phone in china
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icycrystal
·2023-09-07
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@DiAngel @Fenger1188 @Success88 @SR050321 @LMSunshine @koolgal @Shyon @Aqa @aunteenat @HelenJanet @GoodLife99 @Universe宇宙 @rL @Zarkness @xXxZealandxXx come comment and win coins [smile] [smile] [smile]
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- Universe宇宙:
  [ShakeHands]
  2023-09-08
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icycrystal
·2023-09-07
TOP
China banning Apple will definitely affect Apple sales. I felt to some degree Apple has lost its "magic". I dislike the fact that you need to get the specified charging port for Apple products. I guess they now realized with China's ban the sales will be reduced significantly. thus, they have to change some features in their products to gain more market shares. and a good way to start is to change the charging port to the universal USB type C port. this way, it brings convenience to those buying their products so they no longer need to get so many "wires". I will not get too anxious and will do the wait and see approach on Apple stock [smile] [smile] [smile]
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- Universe宇宙:
  [Chuckle]
  2023-09-08
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MHh
·2023-09-07
@SPOT_ON @HelenJanet @Universe宇宙 @Success88 @Kaixiang @SR050321 @GoodLife99 @Fenger1188 @rL @DiAngel come join
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- Universe宇宙:
  [ShakeHands]
  2023-09-08
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- SPOT_ON:
  [Like]
  2023-09-07
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Aqa
·2023-09-08
🍏🍏🍏 AAPL has gone up a lot. The China ban affect a very minimal small fraction of the existing clients, not even tenth of one percent. The drop in the share price is a market adjustment as a result of profit taking. Sell first take profit. Buy again when the next tound come. Thanks for tag @SPOT_ON [love you][love you] @icycrystal [love you][love you]
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- SPOT_ON:
  [Salute]
  2023-09-08
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chaicka
·2023-09-08
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Multiple factors will contribute towards a downward cycle to more realistic P/E range and probably around $156-162 range.
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MHh
·2023-09-07
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I’m sure the ban will affect apple’s price because there will be both reduced sales and the production of parts by apple in china. Apple has to look for alternative countries. I will wait to pick up the stock at a good price as there is still potential growth in other countries. Might buy the new iphone as mine is already quite old..
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Joe W
·2023-09-08
TOP
I don’t think so because Chinese still like Iphone so much because of social status, this is just temporary fall As usual the market so sentimental after this news came out, probably is political motive against the US.
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LMSunshine
·2023-09-07
🐯🐯🐯 Come share your thoughts for 🐯🪙 🇨🇳 is a BIG market…For 🇨🇳 to ban 🍎 devices at work would mean a huge impact on AAPL’s earnings the subsequent quarters so I expect AAPL stock price to further correct…Thanks loads @Tiger_comments 🥰
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ZEROHERO
·2023-09-08
AAPL will fall slightly before the market rebound a week later. Likely to trade in my old fruit for a new iPhone 15 to option trade on the move and update posts via Tiger platform 😎
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hd87
·2023-09-08
I think China's ban will affect Apple's stock price temporarily to certain extent. I will not trade Apple at this stage because there are still some uncertainties to observe. I will not buy Apple 15 at this stage.
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TimothyX
·2023-09-07
如果股票價格在活動日之前上漲了很多，那麼當天可能不會有好的表現.這是因爲股票價格在活動日之前已經上漲了很多。
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Alubin
·2023-09-07
Yes believe apple price will drop due to the ban. Might pick up some stocks at a lower price. still prefer android flexibility so probably wont get an iphone 15
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Universe宇宙
·2023-09-09
China's ban does not affect Apple because consumers can remote in to their Apple phone using another phone that they bring to office to use. Besides, nowadays, many people are using at least 2 or more phones and at least one of the phone they own is Apple. This is good time to buy the dip and go all in if drop to less than USD 100. Remember do homework, don't copy. Hahaha [Chuckle]
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GoodLife99
·2023-09-09
I used to be a Huawei supporter, but aft hp being stolen, I change to Xiaomi as I'm a android supporter even I'm a Macintosh user.

Just couldn't get use to iPhone's interface & I found Android is more user-friendly vice versa iPhone supporter will find iPhone more handy.

So I don't think China's ban will affect Apple's stock price in the long run as we are not talking about changing branding only but the interface/usage.

Grab the dip instead if Apple's price fall further!!! [Miser]

Tigers! Will China's ban affect Apple's stock price much? come share your thoughts & win coinsssss [Miser]
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DavidSG
·2023-09-08
Apple. Those who like Apple will still clinch on to it. Market volatility will likely be there. But Apple will eventually hit the moon later!
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To The Moon