Apple is widely expected to announce a new iPhone on Wednesday. Leaks of the possible design have been floating around the internet for months, but the final design will be a surprise to many. For a sense of how the stock could trade, below is a chart of AAPL with the dates of previous iPhone announcements highlighted. Each announcement date looks like a blip along AAPL's never ending march higher, but it appears that after the announcement date typically the stock consolidates for a bit.
No comments:
Post a Comment
For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.