Apple Inc. (NASDAQ:AAPL) new iPhone XS has had mixed reviews

Apple Inc. (NASDAQ:AAPL) new iPhone XS has had mixed reviews

Apple Inc. (NASDAQ:AAPL) new iPhone XS has had mixed reviews

Apple’s new iPhone XS has had mixed reviews from its early adopters. Image source: Apple.

1. Charging issues

A number of people complained in Apple’s support communities about charging issues with their iPhone XS or iPhone XS Max. According to the posts, some customers were having trouble charging their new smartphones with a lightning cable. Some users said that although their phones wouldn’t charge in sleep mode, they would start charging once they were “woken up.” But nobody wants to have to keep their phone on the whole time they’re charging their device. And furthermore, other users said their phone wouldn’t charge at all, awake or asleep.

2. Reception issues

The second complaint against the new iPhones is their weak reception. Users claim that their old iPhones had better reception in certain places than their new iPhone, which is obviously frustrating when you’ve forked out around $1,000 for the latest model. However, this problem wasn’t universal across all the new iPhones, and Apple has reached out to certain affected users to work through the issue.

3. Camera over-smoothing effect

This complaint might not be as serious as the first two complaints, but it’s lit up the Apple forums nonetheless. Some owners of the new iPhones have been complaining that the camera on the new models over-smooths peoples’ skin. But this effect isn’t Apple’s way of giving people an automatic Photoshop job. Instead, Apple has been working on noise reduction on the pictures its camera takes to help it work better in low light conditions. While this update is a good thing, it also creates a softer look that makes skin look slightly airbrushed.

4. Wi-Fi connectivity issues

Besides LTE reception problems, new iPhone users have also been complaining about slower Wi-Fi speeds compared to their old iPhones. This turned out to be an issue with the iPhone XS devices automatically joining Wi-Fi networks in 2.4GHz, even if both 2.4GHz and 5GHz bands were available.

Apple rolls out iOS 12 update to address concerns

On Oct. 9, Apple released an update to iOS 12 that it claims will fix some of the main complaints such as the charging and Wi-Fi connectivity issues. Here’s a list of the iOS 12 bug fixes:

  • Fixes an issue where some iPhone XS devices did not immediately charge when connected to a Lightning cable
  • Resolves an issue that could cause iPhone XS devices to rejoin a Wi-Fi network at 2.4GHz instead of 5GHz
  • Restores the original position of the “.?123” key on the iPad keyboard
  • Fixes an issue where subtitles may not appear in some video apps
  • Addresses an issue where Bluetooth could become unavailable

Apple users should be encouraged to see the company quickly rolling out fixes for their complaints. They should also be pleased that Apple actually reached out to its early adopters to ask them about their negative experiences because it shows that the company clearly cares about giving its users the best experience possible.

Overall, the bias in prices is: Upwards.

The projected upper bound is: 231.69.

The projected lower bound is: 213.12.

The projected closing price is: 222.40.

Candlesticks

A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 28 white candles and 22 black candles for a net of 6 white candles.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 25.8344. This is not an overbought or oversold reading. The last signal was a buy 0 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 50.65. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 26 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -70. This is not a topping or bottoming area. The last signal was a buy 0 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 4 period(s) ago.

Rex Takasugi – TD Profile

APPLE INC closed up 7.660 at 222.110. Volume was 43% above average (neutral) and Bollinger Bands were 6% wider than normal.

Open High Low Close Volume___
220.420 222.880 216.840 222.110 40,337,852

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 224.45 219.24 189.10
Volatility: 41 27 28
Volume: 33,467,396 31,672,504 31,332,754

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

APPLE INC is currently 17.5% above its 200-period moving average and is in an downward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect volume flowing into and out of AAPL.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on AAPL.O and have had this outlook for the last 2 periods.

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