Ahead of the major online shopping festival of 6.18 in China on June 18, JD.Com and Alibaba-owned Tmall are offering discounts on Apple (NASDAQ:AAPL) iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max and iPhone SE.
A JD spokesperson said that so far, the transaction volume of Apple products during “the first hour of sales” were three times as high as the same period last year.
Notably, this year’s 6.18 shopping promotion festival comes as the China economy continues to reopen following an extended shutdown due to COVID-19.
These discounts are only available through these retailers, and not through Apple directly, whether it be online or in-store.
U.S. equity futures extended gains Tuesday, following on from solid sessions in Europe and Asia, as hopes of a near-term recovery from the coronavirus downturn outweighed concerns over the impact of violent domestic protests over the death of George Floyd…
European stocks were also on the move, rising to the highest levels in nearly three months as investors reacted to the impact of the European Commission’s plan to pump more than €750 billion into the ailing economy as well as the German government’s approval of a €9 billion rescue package for Lufthansa Airlines, the region’s biggest carrier…
Global oil prices were also on the rise ahead of an expected meeting of OPEC producers, as well as non-member allies such as Russia, that is expected to include discussions on deeper or extended production cuts…
Overnight in Asia, Japan’s Nikkei 225 rode the wave of last night’s rally on Wall Street to close 1.19% higher at 22,325.81 points while China stocks lead the region-wide MSCI ex-Japan benchmark to a 0.8% gain heading into the final hours of trading.
My take: I know traders are looking forward a quarter or two, but I can’t remember a time when the Street seemed more disconnected from what’s happening on, you know, the streets.
From a report by Amit Daryanani of Evercore. One of his key reasons is wearable and services growth.
The analyst also expects Apple to continue aggressively buying back stock. He thinks the company will reduce its share count by about 1 billion shares in the forecast period, from 4.6 billion at the end of fiscal 2019 to 3.6 billion in fiscal 2024. At that share count, the market cap would hit $2 trillion if the stock price was just over $550.
“Apple continues to offer the best risk/reward in large-cap tech and long-term investors should use any weakness to add to positions,”
Androidcentral iPhone SE 2020 review: Completely changing the value conversation Come for the value, stay for the blistering performance and four years of software updates.
...Bottom line: The iPhone SE 2020 has the most powerful chipset of any phone today, and you get a great camera that excels not only at photos but also videos. There's IP67 water resistance, wireless charging, and with at least four years of guaranteed updates, the iPhone SE will be going strong for several years.
...What I'm trying to say is that the A13 Bionic holds its own next against whatever Qualcomm, Exynos, HiSilicon, or MediaTek have to offer in this category, and the fact that you are getting such a powerful chipset on a $400 phone is incredible.
...The iPhone SE 2020 has the most powerful chipset of any phone today, and you get a great camera that excels not only at photos but also videos. There's IP67 water resistance, wireless charging, and with at least four years of guaranteed updates, the iPhone SE will be going strong for several years.
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5