Showing posts with label iPhone. Show all posts
Showing posts with label iPhone. Show all posts

Monday, September 10, 2012

AAPL Stock Performance Near iPhone Announcement Dates

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.

iPhone Announcement APPL