{"id":45911,"date":"2026-05-01T03:54:37","date_gmt":"2026-05-01T03:54:37","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/kar-tahminlerini-asmasinin-ardindan-apple-hisseleri-yoneticilerin-gelismis-cip-kitligi-nedeniyle-iphone-satislarinin-kisitlandigini-belirtmesiyle-hafif-geriledi\/"},"modified":"2026-05-01T03:54:37","modified_gmt":"2026-05-01T03:54:37","slug":"kar-tahminlerini-asmasinin-ardindan-apple-hisseleri-yoneticilerin-gelismis-cip-kitligi-nedeniyle-iphone-satislarinin-kisitlandigini-belirtmesiyle-hafif-geriledi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/kar-tahminlerini-asmasinin-ardindan-apple-hisseleri-yoneticilerin-gelismis-cip-kitligi-nedeniyle-iphone-satislarinin-kisitlandigini-belirtmesiyle-hafif-geriledi\/","title":{"rendered":"K\u00e2r tahminlerini a\u015fmas\u0131n\u0131n ard\u0131ndan Apple hisseleri, y\u00f6neticilerin geli\u015fmi\u015f \u00e7ip k\u0131tl\u0131\u011f\u0131 nedeniyle iPhone sat\u0131\u015flar\u0131n\u0131n k\u0131s\u0131tland\u0131\u011f\u0131n\u0131 belirtmesiyle hafif geriledi"},"content":{"rendered":"

Apple hisseleri, \u00e7eyreklik sonu\u00e7lar\u0131n beklentileri a\u015fmas\u0131na ra\u011fmen seans sonras\u0131 i\u015flemlerde %1\u2019den az geriledi. \u015eirket, 111,2 milyar dolar gelirle (tahminlerin 1,6 milyar dolar \u00fczerinde) d\u00fczeltilmi\u015f hisse ba\u015f\u0131na k\u00e2r\u0131n\u0131 (tek seferlik kalemler ar\u0131nd\u0131r\u0131lm\u0131\u015f k\u00e2r) 2,01 dolar olarak a\u00e7\u0131klad\u0131; bu rakam piyasa beklentisinin (konsens\u00fcs) 0,07 dolar \u00fczerinde.<\/p>\n

iPhone geliri, IBES (analist tahminlerinin topland\u0131\u011f\u0131 veri seti) beklentisi 57,2 milyar dolara kar\u015f\u0131l\u0131k 57 milyar dolar\u0131n biraz alt\u0131nda geldi. Apple, iPhone sat\u0131\u015flar\u0131n\u0131n \u201cileri \u00fcretim teknolojili \u00e7ip\u201d (en yeni \u00fcretim s\u00fcreciyle, \u00f6rne\u011fin 3 nm gibi, \u00fcretilen \u00e7ip) eksikli\u011fi nedeniyle s\u0131n\u0131rl\u0131 kald\u0131\u011f\u0131n\u0131 ve tedarik zincirinde (\u00fcretimden sevkiyata tedarik a\u011f\u0131) esnekli\u011fin azald\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n

Arz K\u0131s\u0131tlar\u0131 ve \u00c7in G\u00fcc\u00fc<\/h3>\n

Rapora g\u00f6re k\u0131s\u0131tlar, b\u00fcy\u00fck \u00f6l\u00e7\u00fcde TSMC taraf\u0131ndan \u00fcretilen ileri teknoloji \u00e7iplere g\u00fc\u00e7l\u00fc talepten ve yapay zek\u00e2 veri merkezlerinin (AI i\u015f y\u00fcklerini \u00e7al\u0131\u015ft\u0131ran b\u00fcy\u00fck sunucu tesisleri) kurulumu nedeniyle s\u0131k\u0131\u015fan bellek arz\u0131ndan kaynaklan\u0131yor. B\u00fcy\u00fck \u00c7in (Greater China) geliri 20,5 milyar dolar oldu; bu da konsens\u00fcs\u00fcn 1,6 milyar dolar \u00fczerinde.<\/p>\n

iPhone geliri y\u0131ll\u0131k bazda yakla\u015f\u0131k %22, Hizmetler geliri %16 artt\u0131. Mac geliri %6, Giyilebilir \u00fcr\u00fcnler %5, iPad geliri ise yakla\u015f\u0131k %8 y\u00fckseldi.<\/p>\n

Apple, \u00e7eyreklik temett\u00fcs\u00fcn\u00fc %4 art\u0131rarak 0,27 dolara \u00e7\u0131kard\u0131 ve 100 milyar dolarl\u0131k yeni hisse geri al\u0131m (\u015firketin piyasadan kendi hissesini almas\u0131) program\u0131n\u0131 onaylad\u0131. Tim Cook\u2019un 1 Eyl\u00fcl\u2019de g\u00f6revden ayr\u0131lmas\u0131 bekleniyor.<\/p>\n

Teknik analizde, 50 d\u00f6nemlik basit hareketli ortalama (SMA: belirli say\u0131da d\u00f6nemin ortalama fiyat\u0131) olan 269 dolar civar\u0131 destek (fiyat\u0131n d\u00fc\u015f\u00fc\u015fte tutunabilece\u011fi seviye) olarak \u00f6ne \u00e7\u0131kar\u0131l\u0131rken, 200 d\u00f6nemlik SMA\u2019n\u0131n 261 dolar\u0131n hemen alt\u0131nda oldu\u011fu belirtiliyor. Haftal\u0131k kapan\u0131\u015f\u0131n 272 dolar\u0131n \u00fczerine \u00e7\u0131kmas\u0131, momentumun (fiyat hareketinin ivmesi) y\u00f6n de\u011fi\u015ftirmesine i\u015faret edebilecek bir seviye olarak g\u00f6r\u00fcl\u00fcyor.<\/p>\n

Oynakl\u0131k D\u00fc\u015f\u00fc\u015f\u00fc Sonras\u0131 Opsiyon Konumlanmas\u0131<\/h3>\n

Piyasan\u0131n s\u0131n\u0131rl\u0131 tepkisi dikkate al\u0131nd\u0131\u011f\u0131nda, g\u00fc\u00e7l\u00fc talep ve sermaye iadesi (temett\u00fc ve geri al\u0131m yoluyla nakdin yat\u0131r\u0131mc\u0131ya d\u00f6nmesi) program\u0131, tedarik zinciri endi\u015feleriyle bask\u0131lan\u0131yor. Bilan\u00e7o a\u00e7\u0131klamas\u0131 sonras\u0131 ima edilen oynakl\u0131ktaki (opsiyon fiyatlar\u0131n\u0131n ima etti\u011fi beklenen dalgalanma) sert d\u00fc\u015f\u00fc\u015f, opsiyon fiyatlar\u0131n\u0131 g\u00f6rece daha uygun hale getiriyor. Bu da belirsizli\u011fe fazla bedel \u00f6demeden bir sonraki harekete y\u00f6nelik pozisyon alma f\u0131rsat\u0131 yarat\u0131yor.<\/p>\n

\u201c\u0130leri \u00fcretim teknolojili \u00e7ip\u201d eksikli\u011fine ili\u015fkin y\u00f6nlendirme, yak\u0131n vadede y\u00fckseli\u015fi s\u0131n\u0131rlayabilecek \u00f6nemli bir olumsuz unsur. Taiwan Semiconductor\u2019\u0131n 3 nm ve 2 nm \u00fcretim hatlar\u0131n\u0131n %95\u2019in \u00fczerinde kapasiteyle \u00e7al\u0131\u015ft\u0131\u011f\u0131, b\u00fcy\u00fck yapay zek\u00e2 \u015firketlerinin de gelecek y\u0131la kadar tedariki \u015fimdiden rezerve etti\u011fi biliniyor. Bu durum, Apple\u2019\u0131n iPhone 17\u2019ye y\u00f6nelik ola\u011fan\u00fcst\u00fc talebi kar\u015f\u0131lama g\u00fcc\u00fcn\u00fcn \u00f6n\u00fcm\u00fczdeki \u00e7eyreklerde ciddi bi\u00e7imde test edilece\u011fi anlam\u0131na geliyor.<\/p>\n

Benzer \u015fekilde bellek \u00e7ipi k\u0131s\u0131t\u0131 ge\u00e7ici de\u011fil; yapay zek\u00e2 veri merkezlerine yap\u0131lan yat\u0131r\u0131mlar, y\u00fcksek bant geni\u015flikli bellek (HBM: \u00e7ok h\u0131zl\u0131 veri aktar\u0131m\u0131 sa\u011flayan bellek t\u00fcr\u00fc) talebini s\u0131\u00e7ratt\u0131. Bu da iPhone\u2019larda kullan\u0131lan \u00fcst seviye DRAM (cihaz\u0131n \u00e7al\u0131\u015f\u0131rken kulland\u0131\u011f\u0131 ana bellek) fiyatlar\u0131n\u0131 y\u0131l ba\u015f\u0131ndan bu yana yakla\u015f\u0131k %20 art\u0131rd\u0131. Bu tablo, Apple\u2019\u0131n en \u00f6nemli \u00fcr\u00fcn\u00fcnde hem \u00fcretim adedini hem de k\u00e2r marj\u0131n\u0131 (sat\u0131\u015ftan kalan k\u00e2r oran\u0131) do\u011frudan tehdit ediyor.<\/p>\n

\u00d6te yandan B\u00fcy\u00fck \u00c7in\u2019den gelen talep art\u0131\u015f\u0131 g\u00f6z ard\u0131 edilemez; \u00f6zellikle 2024 ve 2025 boyunca g\u00fcndemde olan yava\u015flama endi\u015feleri hat\u0131rland\u0131\u011f\u0131nda. 1,6 milyar dolarl\u0131k gelir s\u00fcrprizi, Apple\u2019\u0131n b\u00f6lgede marka g\u00fcc\u00fcn\u00fcn beklenenden daha dayan\u0131kl\u0131 oldu\u011funa i\u015faret ediyor. Bu g\u00fc\u00e7l\u00fc temel talep, hisse fiyat\u0131 i\u00e7in bir taban olu\u015fturuyor.<\/p>\n

\u00d6n\u00fcm\u00fczdeki haftalarda 269 dolardaki destek seviyesi yak\u0131ndan izlenmeli; buras\u0131 50 d\u00f6nemlik hareketli ortalamaya kar\u015f\u0131l\u0131k geliyor. Bu seviyenin net bi\u00e7imde a\u015fa\u011f\u0131 k\u0131r\u0131lmas\u0131, ek sat\u0131\u015flar\u0131 tetikleyebilir; bu durumda 261 dolar b\u00f6lgesini hedefleyen sat\u0131m opsiyonlar\u0131 (put: fiyat d\u00fc\u015f\u00fc\u015f\u00fcnden kazan\u00e7 sa\u011flayan opsiyon) veya sat\u0131m opsiyon spread\u2019i (put debit spread: iki farkl\u0131 kullan\u0131m fiyatl\u0131 put al\u0131m-sat\u0131m\u0131yla maliyeti d\u00fc\u015f\u00fcren strateji) \u00f6ne \u00e7\u0131kabilir. Hisse bu deste\u011fi korursa, piyasan\u0131n tedarik sorunlar\u0131 yerine g\u00fc\u00e7l\u00fc talep ve geri al\u0131m program\u0131n\u0131 daha fazla \u00f6nemsed\u0131\u011f\u0131 anlam\u0131na gelebilir.<\/p>\n

Hisse mevcut dar banttan (s\u0131k\u0131\u015f\u0131k fiyat aral\u0131\u011f\u0131) \u00e7\u0131kana kadar, yatay seyre (yan hareket) yarayan stratejiler etkili olabilir; \u00f6rne\u011fin iron condor (fiyat\u0131n belirli bir aral\u0131kta kalmas\u0131na oynayan, d\u00f6rt opsiyon bacakl\u0131 strateji). Ancak k\u0131r\u0131lma ihtimaline kar\u015f\u0131 haz\u0131rl\u0131kl\u0131 olmak gerekir; \u00e7\u00fcnk\u00fc \u00e7ok g\u00fc\u00e7l\u00fc talep ile s\u0131n\u0131rl\u0131 arz aras\u0131ndaki gerilim bir noktada \u00e7\u00f6z\u00fclecek. Haftal\u0131k kapan\u0131\u015f\u0131n 272 dolar \u00fczerindeki trend \u00e7izgisinin \u00fcst\u00fcnde ger\u00e7ekle\u015fmesi, y\u00fckseli\u015f sinyali (bullish: olumlu) say\u0131labilir ve piyasan\u0131n Apple\u2019\u0131n par\u00e7a tedarik s\u0131k\u0131nt\u0131lar\u0131n\u0131 y\u00f6netebilece\u011fine inand\u0131\u011f\u0131n\u0131 g\u00f6sterebilir.<\/p>\n","protected":false},"excerpt":{"rendered":"

S\u00fcrpriz bilan\u00e7o yetmedi: Apple seans sonras\u0131 hafif geriledi. Gelir 111,2 milyar $, EPS 2,01 $ ile beklentiyi a\u015ft\u0131; iPhone \u00e7ip k\u0131s\u0131t\u0131 s\u00fcr\u00fcyor, \u00c7in g\u00fc\u00e7l\u00fc. Temett\u00fc+%4, 100 milyar $ geri al\u0131m; 269-261 $ destek, 272 $ kritik.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-45911","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=45911"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45911\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}