Investors seem to be betting on a bullish year in 2019. The stock market continued to rise this week, increasing last week's gain by nearly 2% for the S & P 500 . Further gains this week lead to a 3.6% rise in the index.
Beyond the market trend of the week, there have been some interesting stories in technology that are worth checking out. Notable rumors surfaced Apple on (NASDAQ: AAPL) Plans for its iPhones in 2019.
Apple's iPhone business was the main topic of most company headlines in 2019 – and for good reason. The stock was toppled last week when Apple CEO Tim Cook said sales for the important first quarter of fiscal year 2019 would be approximately $ 5 billion below the lower end of management's previous forecast for the quarter. Worse than expected, iPhone sales in Greater China were the main reason for the outage, the CEO said.
The iPhone news continued to steal the show this week for Apple. This time, however, it was rumors about the company's plans for coming iPhones. In 2019, the tech giant plans to launch three new iPhones, including an iPhone XR successor, The Wall Street Journal . The high-end version of these three models will likely have a triple rear view camera, said the Journal citing "persons who are familiar with the matter."
Quality Content First
For Disney investors, 2019 is the year of Disney's new streaming service. The media giant wants to launch its new service sometime in the second half of the year.
As the long-awaited service approaches, Disney boss Bob Iger gives investors a better idea of what to expect. The interesting nugget this week is how Disney has high-quality content preferable to subscription metrics.
"The most important thing for [Disney] employees is that they create great content for this platform, and I'll know if they're," Iger said in an interview with Barrons . "Instead of setting numerical goals, you set different kinds of goals – first of all, it has to be this way – I need everyone to do more and do more great stuff."
time to buy Twitter stock?
Meanwhile, two analysts have upgraded Twitter's share this week.
The social network is demographically stronger, according to Merrill Lynch from 18 to 29. In addition, Twitter has more scope to increase average revenue per user than Facebook so the company. Merrill Lynch upgraded the stock to buy from "neutral" and raised its price target for 12-month prices from $ 39 to $ 39.
Investors will be given the opportunity to conduct their own stock due diligence when Twitter announces its fourth quarter results on February 7.
Daniel Sparks owns shares of Apple and Walt Disney. The Motley Fool owns and recommends shares from Apple, Facebook, Twitter and Walt Disney. The Motley Fool has the following options: Long January 2020 calls of $ 150 at Apple and short January 2020 – $ 155 calls to Apple. The Motley Fool has a disclosure policy.