Today’s Research Reports on Stocks to Watch: Facebook and Apple

NEW YORK, NY / ACESSWIRE / June 26, 2018 / Facebook and Apple were both decliners in Monday’s session despite some positive developments from each company. China-U.S. trade war worries continued over reports revealing that U.S. officials may soon be introducing restrictions that block Chinese companies from investing in U.S. tech companies.

RDI Initiates Coverage on:

Facebook, Inc.
https://rdinvesting.com/news/?ticker=FB

Apple Inc.
https://rdinvesting.com/news/?ticker=AAPL

Facebook, Inc. shares closed down 2.67% on almost 25 million shares traded on Monday. According to data that Bloomberg Intelligence compiled, Instagram may have been the best purchase Facebook ever made. The data has revealed that Instagram is valued to be over $100 billion if it were a stand-alone company. Considering that Facebook only paid $1 billion for Instagram, the return is incredible. Analyst Jitendra Waral of Bloomberg Intelligence wrote on Monday that Instagram, with 1 billion monthly active users now, could see revenue past $10 billion over the next 12 months. According to Waral, the photo-sharing service could see 2 billion users within the next five years. It was last week that Facebook shares climbed higher on Wednesday when it was announced that Instagram is launching a new feature called Instagram television. Users will be able to upload videos up to one hour in length, up from the previous one-minute limit. CEO Kevin Systrom said, “It’s time for video to move forward, and evolve. IGTV is for watching long-from videos from your favorite creators.”

Access RDI’s Facebook, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FB

Apple Inc. shares closed down 1.49% on Monday as the iPhone maker fell with other tech stocks over China-U.S trade worries. Among rumors the company is the focus of, one report from Bloomberg claims that the tech giant will be releasing new AirPods next year. The company according to the report, is also looking to raise the price on the AirPods as well. It will be in 2019 that Apple is expected to launch the new over-the-ear headphones that have biometric sensors as well as another HomePod. It was recently that Apple also announced it would be offering to repair broken MacBook keyboards for free. The service will be applicable to MacBook computers from the year 2015 and later and MacBook Pro computers from 2016 and later. In other news, BGR has reported that Apple has a new hub to provide users with election news in its News app and covers this year’s midterm elections in the U.S. The section will only be up through November.

Access RDI’s Apple Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AAPL

Our Actionable Research on Facebook, Inc. (NASDAQ: FB) and Apple Inc. (NASDAQ: AAPL) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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