Tag Archives: AAPL

Apple's HomePod Makes a Small Dent in Smart Speaker Market During Debut Quarter

Apple (NASDAQ:AAPL) officially jumped into the smart speaker market in the first quarter with the HomePod, and analysts believe that sales thus far are “underwhelming.” Siri remains less capable than its competing counterparts, HomePod only supports Apple Music for full functionality, and the $350 price tag positions it at a significant premium. With HomePod being included in the company’s catch-all “Other Products” segment, investors aren’t likely to get much official data from Apple anytime soon.

That’s where third-party estimates come in.

HomePod on a shelf

Image source: Apple.

Apple shipped 600,000 HomePods in the first quarter

Market researcher Strategy Analyticsis out with its estimates on the smart speaker market for the first quarter, estimating that Apple shipped approximately 600,000 units after HomePod launched in February. Amazon.com (NASDAQ:AMZN) is maintaining its strong grip on the market, although its share did drop quite a bit. But the overall market is simply growing so quickly that the e-commerce giant still doubled unit shipments of Echo devices. Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Google continues to make headway as well.

Vendor

Q1 2017 Units

Q1 2017 Market Share

Q1 2018 Units

Q1 2018 Market Share

Amazon

2 million

81.8%

4 million

43.6%

Google

0.3 million

12.4%

2.4 million

26.5%

Alibaba

0

0%

0.7 million

7.6%

Apple

0

0%

0.6 million

6%

Xiaomi

0

0%

0.2 million

2.4%

Others

0.1 million

5.8%

1.3 million

13.9%

Total

2.4 million

100%

9.2 million

100%

Data source: Strategy Analytics. Figures rounded.

The Chinese market for smart speakers continues to grow, with local vendors like Alibaba and Xiaomi (which is preparingto go public soon) stepping up to meet the demand, according to Strategy Analytics. Amazon, Google, and Apple do not currently ship smart speakers into the Middle Kingdom. On the earnings callearlier this month, CEO Tim Cook noted that HomePod is only available in the U.S., U.K., and Australia right now, with availability in more markets coming soon.

While Apple generally does not place much value in unit share, it’s clear that Amazon and Google are enjoying unit growth thanks to broader portfolios of devices offered at lower price points. That’s why the “HomePod Mini” that Apple is rumored to have in the pipeline has a lot of potential, as it would make the idea of buying multiple devices a more tenable proposition for consumers.

Of course, HomePod was only available for about half of the quarter, so its performance isn’t all that representative quite yet.Let’s see how the Mac maker fares in the quarters ahead.

Stay Away From Apple Component Players – Cramer’s Lightning Round (5/16/18)

Stocks discussed on the Lightning Round segment of Jim Cramer’s Mad Money Program, Wednesday, May 16.

Bullish Calls

Johnson & Johnson (NYSE:JNJ): Cramer has been a fan and still likes the stock.

Pure Storage (NYSE:PSTG): They are a smart management company.

Foot Locker (NYSE:FL): Cramer thinks it’s okay. He prefers Nike (NYSE:NKE) even though it’s at the 52-week high.

Insperity (NYSE:NSP): This “business optimization company”, as Cramer calls it, doesn’t quit and he has been recommending it for a long time.

Bearish Calls

Gulfport Energy (NASDAQ:GPOR): Don’t go down the food chain. Buy Schlumberger (NYSE:SLB) as it’s a high quality company.

Preferred Apartment Communities (NYSEMKT:APTS): Cramer is not a fan of multi-family REITs. The 7% yield seems like a red flag.

Cirrus Logic (NASDAQ:CRUS): “We’re not really recommending the components players that go into Apple (NASDAQ:AAPL) right now. It’s just too hard.”

Frontline (NYSE:FRO): The crude carriers have done poorly.

>>Read Wednesday’s Mad Money summary here

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Hot Medical Stocks To Invest In 2019

News headlines about PAREXEL International (NASDAQ:PRXL) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. PAREXEL International earned a news impact score of 0.18 on Accern’s scale. Accern also gave press coverage about the medical research company an impact score of 49.4978250148766 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of NASDAQ:PRXL traded down $0.02 during midday trading on Tuesday, hitting $88.08. 7,021,100 shares of the company’s stock traded hands, compared to its average volume of 1,041,144. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.45 and a current ratio of 1.45. PAREXEL International has a twelve month low of $51.16 and a twelve month high of $88.10.

Hot Medical Stocks To Invest In 2019: Apple Inc.(AAPL)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    The Good

    Mr. Market continues to follow through with strength that has been in place since the Trump victory. QQQs over Ss and Rs. QQQ is a Best Pick for 2017. Technology, the leader–(T)FANG strong (led by Tesla (TSLA) and Netflix (NFLX) ). Banks continue their strong move. Blackstone/GSO Strategic Credit Fund (BGB) (up $0.08) though junk bonds are slightly lower. Huge gains in the agricultural commodities complex: Wheat up $0.16, corn up $0.08, soybeans up $0.20 and oats $0.10. (Potash Corporation of Saskachewan POT and Monsanto MON are well bid on these moves, though ag equipment weak). New high in Campbell Soup (CPB) and DuPont (DD) . Another multipoint move higher in Allergan (AGN) (recent buy at $194 and Best Ideas List inclusion). Here’s my rationale. Apple (AAPL) is not rotten today.

    The Bad

  • [By Shanthi Rexaline]

    Apple Inc. (NASDAQ: AAPL), which has a huge customer base in China, didn’t think it worthwhile to risk its business prospects in China. In January this year, the company removed the New York Times Co (NYSE: NYT) app from its app store in China.

  • [By Douglas A. McIntyre]

    Taken one by one, earnings have for the most part been strong. This is certainly true among the major tech stocks, some of which are not in the Dow. Microsoft Corp. (NASDAQ: MSFT) is, however. Its strong earnings have driven its share price up 7.3% to $92, despite the recent sell-off. Boeing Co. (NYSE: BA), another Dow component, posted much better-than-expected earnings. Its shares are up just over 18% this year to $349. Apple Inc. (NASDAQ: AAPL), another Dow component, disappointedWall Street. Its shares are off a little more than 5% to 161. That drop was entirely due to the major sell-off in the market.

  • [By WWW.THESTREET.COM]

    IBM was among a number of companies Trump hit on the campaign trail for shipping jobs overseas. He accused the company of laying off 500 workers in Minneapolis and moving their jobs to India at a Minnesota rally just a day before the election. He made similar attacks against Ford (F) , Apple (AAPL) and General Motors (GM) , among others.

  • [By ]

    TD Ameritrade (AMTD) is linking up with Apple (AAPL)  for its new beta business chat, allowing customers to message directly with the brokerage firm.

Hot Medical Stocks To Invest In 2019: Vascular Biogenics Ltd.(VBLT)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Vascular Biogenics Ltd (NASDAQ: VBLT) were down 20 percent to $7.22. VBL Therapeutics reported pricing of 2.5 million share common stock offering for $18.75 million.

  • [By Lisa Levin]

    Shares of Vascular Biogenics Ltd (NASDAQ: VBLT) were down 17 percent to $7.43. VBL Therapeutics reported pricing of 2.5 million share common stock offering for $18.75 million.

Hot Medical Stocks To Invest In 2019: Farmer Brothers Company(FARM)

Advisors’ Opinion:

  • [By Matt Hogan]

    Finbox.io fair value data (as of January 4) shows that there are only five US manufacturing stocks that have 25% or more margin of safety: Vera Bradley, Inc. (NASDAQ: VRA), Cooper Tire & Rubber Co (NYSE: CTB), Farmer Brothers Co. (NASDAQ: FARM), Allergan plc Ordinary Shares (NYSE: AGN) and Motorcar Parts of America, Inc. (NASDAQ: MPAA).

Hot Medical Stocks To Invest In 2019: Pershing Gold Corporation(PGLC)

Advisors’ Opinion:

  • [By Sara Cornell]

    Leading the way is CEO Edward Karr. As a founder of Pershing Gold Corp (NASDAQ:PGLC), he currently serves on their Board of Directors, and has been active in the natural resource industry for many years. With a background in finance and investment banking, Karr is credited with raising capital to begin operations at US Gold Corp, and establishing financing for both the operational and exploration sides of the company.

Hot Medical Stocks To Invest In 2019: Minerva Neurosciences, Inc(NERV)

Advisors’ Opinion:

  • [By Lisa Levin]

    Minerva Neurosciences Inc (NASDAQ: NERV) shares shot up 194 percent to $10.39 after the company revealed positive top line results from a prospective Phase IIb, 12-week, randomized, double-blind, placebo-controlled parallel clinical study evaluating the efficacy, safety and tolerability of MIN-101 in patients with negative symptoms of schizophrenia.

Tuesdays Vital Data: Micron Technology, Inc. (MU), Facebook Inc. (FB) and AT&T Inc. (T)

U.S. stock futures are headed higher this morning, pointing toward a positive open. The Dow Jones Industrial Average is on track to break its four-session losing streak, but corporate earnings have yet to play out.

stock market today

In fact, Dow members The Coca-Cola Company (NYSE:KO) and United Technologies Corporation (NYSE:UTX) release their quarterly reports today.

Against this backdrop, Dow Jones futures are up 0.63%, S&P 500 futures have gained 0.58% and Nasdaq-100 futures are higher by 0.55%.

Turning to the options pits, volume was exceedingly low on Monday. Only about 15.7 million calls and 13.6 million puts changed hands on the session. The CBOE single-session equity put/call volume ratio fell to a two-week low of 0.61. The 10-day moving average held at 0.63.

Leading Monday’s activity, Micron Technology, Inc. (NASDAQ:MU) call options were active following another broadside from analysts at UBS. Elsewhere, Facebook, Inc. (NASDAQ:FB) options activity was the lowest in years heading into tomorrow’s quarterly report. Finally, AT&T Inc. (NYSE:T) is dealing with a collusion probe from the Justice Department ahead of earnings.

Tuesday’s Vital Options Data: Micron Technology, Inc. (MU), Facebook Inc. (FB) and AT&T Inc. (T)investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-300×131.png 300w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-200×88.png 200w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-400×175.png 400w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-116×51.png 116w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-100×44.png 100w, investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-114×50.png 114w,https://investorplace.com/wp-content/uploads/2018/04/04-24-2018-Top-Ten-Options-78×34.png 78w” sizes=”(max-width: 566px) 100vw, 566px” />

Micron Technology, Inc. (MU)

Back on April 5, UBS initiated MU stock with a “sell” rating and a $35 price target. The initiation hit MU shares hard, sending them down more than 10% in the next two day. Yesterday, UBS reiterated its “sell” stance on MU stock, with predictable results.

MU stock dropped more than 3% to roughly $49. According to UBS, Micron could lose share in the DRAM and NAND markets in 2019 due to shifts in production and technology.

MU options traders favored calls in the midst of the decline. Volume was light, arriving at 277,000 contracts, or about 93% of MU’s daily average. But, calls made up 69% of all contracts traded.

There are signs that this renewed attention to MU call options may be bulls cutting their losses. Specifically, the May put/call open interest ratio has risen to 0.67 from last Thursday’s reading of 0.60. Rising pessimism amid weak price action is is a bearish signal for MU stock. Traders should keep a close eye on the situation.

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Facebook, Inc. (FB)

Typically, stocks make the most active options listing for the popularity of their underlying options activity — its inherent in the filter after all. Facebook, however, managed to make the list while posting the lowest daily average volume I’ve seen since I began writing this column. And it did so with earnings on tap tomorrow.

Total options volume for Facebook stock came in at about 189,000 contracts yesterday, volume that would be impressive for other stocks. But this activity made up only 37% of FB’s daily average. In other words, Facebook options volume was typically higher two-thirds of the time in the past year.

Despite the low total, call volume made up an average 62% of yesterday’s take, arriving in-line with typical call activity for Facebook.

Facebook is expected to post a profit of $1.36 per share on revenue of $11.41 billion tomorrow. Those figures are up roughly 30% and 42%, respectively, year over year. EarningsWhispers.com puts the whisper number at $1.48 per share.

As for weekly April 27 options, implieds are pricing in a post-earnings move of about 6%. The upper bound lies at $175.75 and the lower at $156. Given that the April 27 put/call OI ratio has fallen from 0.66 last Wednesday to 0.53 today, it appears that FB options traders are betting on a post-earnings rally.

AT&T Inc. (T)

AT&T is set to report earnings after the close tomorrow. Analysts are expecting Wall Street is looking for an 18% jump in earnings to 88 cents per share and a 0.2% drop in revenue to $39.29 billion. That said, the Justice Department is casting a long shadow over the event.

We all know that AT&T is in a battle for approval of its acquisition of Time Warner Inc. (NYSE:TWX). However, the company is now facing an investigation into potential collusion with Verizon Communications, Inc. (NYSE:VZ).

According to reports, the DOJ is looking at whether the two companies colluded on wireless-standards to make it harder for people to switch to new phone carriers. Apple Inc. (NASDAQ:AAPL) was among those who reportedly asked the DOJ to look into the issue.

The recent negative attention has had a chilling effect on T options. For instance, the April 27 put/call OI ratio has risen from 0.41 last Tuesday to today’s reading of 0.48. Calls dominated yesterday’s volume, making up 60% of the overall activity. This may be a sign that T options traders are ditching calls in favor of less exposure ahead of what could be a volatile earnings report.

As of this writing, Joseph Hargett held no positions on any of the aforemen

Mondays Vital Data: Apple Inc. (AAPL), Netflix, Inc. (NFLX) and Advanced Micro Devices, Inc. (AMD

U.S. stock futures are mixed heading into the open this morning. Rising bond yields are once again creating turmoil on Wall Street.

Monday’s Vital Data: Apple Inc. (AAPL), Netflix, Inc. (NFLX) and Advanced Micro Devices, Inc. (AMD)Yield on the 10-year Treasury is inching closer to 3%, hitting its highest levels since 2014. Not only are rising yields a sign of inflation, but higher yields also make stocks less attractive to value investors.

Against this backdrop, Dow Jones Industrial Average futures are up 0.18%, S&P 500 futures are up 0.22% and Nasdaq-100 futures have gained 0.33%.

Turning to the options pits, volume was well above average on Friday. Overall, about 22.8 million calls and 20.9 million puts changed hands on the session. The CBOE single-session equity put/call volume ratio ticked higher to 0.65. The 10-day moving average hit a one-month low of 0.63.

On Friday, Apple Inc. (NASDAQ:AAPL) options activity spiked after Morgan Stanley cut its price target on AAPL stock. Meanwhile, Netflix, Inc. (NASDAQ:NFLX) call options were popular following reports the company could buy a string of movie theaters. Finally, Advanced Micro Devices, Inc. (NASDAQ:AMD) options remained volatile ahead of this week’s quarterly report.

Monday’s Vital Options Data: Apple Inc. (AAPL), Netflix, Inc. (NFLX) and Advanced Micro Devices, Inc. (AMD)investorplace.com/wp-content/uploads/2018/04/04-23-2018-Top-Ten-Options-300×131.png 300w, investorplace.com/wp-content/uploads/2018/04/04-23-2018-Top-Ten-Options-200×87.png 200w, investorplace.com/wp-content/uploads/2018/04/04-23-2018-Top-Ten-Options-400×174.png 400w, investorplace.com/wp-content/uploads/2018/04/04-23-2018-Top-Ten-Options-116×51.png 116w, investorplace.com/wp-content/uploads/2018/04/04-23-2018-Top-Ten-Options-100×44.png 100w, investorplace.com/wp-content/uploads/2018/04/04-23-2018-Top-Ten-Options-115×50.png 115w,https://investorplace.com/wp-content/uploads/2018/04/04-23-2018-Top-Ten-Options-78×34.png 78w” sizes=”(max-width: 569px) 100vw, 569px” />

Apple Inc. (AAPL)

With just over a week until Apple’s fiscal second-quarter earnings report, Morgan Stanley has grown cautious. The brokerage firm cut its price target on AAPL stock to $200 from $203 citing weaker iPhone sales. Apple stock investors have heard this tune ahead of every quarterly report for the past year, but the news still had an impact on sentiment.

For instance, Friday’s options volume, which soared to more than 1 million contracts, was divided between puts and calls. With activity nearly tripling AAPL’s norm, options traders only slightly favored calls (55%) over puts (45%). Apple typically sees calls make up 62% of its daily activity, especially ahead of earnings.

Additionally, weekly May 4 options implieds have risen in the past week. May 4 Apple options are now pricing in a post-earnings move of about 5.2%, up from 4.2% last week.

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Netflix, Inc. (NFLX)

It seems Netflix took its movies getting snubbed by film awards pretty hard. Rumors are now circulating that Netflix is interested in buying Landmark Theaters, which operates screens in L.A. and New York City.

Netflix sentient rose on the rumors. Options volume on Friday jumped to 249,000 contracts, or roughly 1.5 times NFLX’s daily average. Calls made up 62% of the day’s take, well above the norm for Netflix options traders.

That said, there is still a long way to go before Netflix’s short-term sentiment backdrop becomes bullish. Currently, the May put/call open interest ratio rests at 0.90, with puts just shy of being equal to calls in the front-month series.

Advanced Micro Devices, Inc. (AMD)

AMD stock rallied sharply at the beginning of last week. Investors cheered the release of the company’s latest Ryzen lineup, sending the shares to a one-month high just north of $10.50. Selling pressure took hold late in the week, however, and AMD stock cam crashing back to support near $10

Earnings arrive this Wednesday, with analysts expecting a profit of 9 cents per share. In the same quarter last year, AMD lost 4 cents per share. Revenue is expected to surge 59% year-over-year to $1.57 billion. EarningsWhispers.com puts the whisper number at earnings of 11 cents per share.

AMD’s options volume on Friday was quite contentious. More than 243,000 contracts changed hands, with calls only managing 53% of the day’s take. That negativity isn’t apparent in the weekly April 27 series, however. Currently, the April 27 put/call OI ratio rests at 0.59.

As for implieds, AMD options traders are pricing in a potential post-earnings move of about 10.3% for the shares. This places the upper bound just north of $11 and the lower bound below $9.

As of this writing, Joseph Hargett was long on Advanced Micro Devices,