Check out this chart put together by BusinessInsider that shows what Apple's stock does before and after a big product announcement.
We've looked at the way the stock behaves before and after every single iPhone and iPad unveiling (Apple does announce other products, but few garner the same attention). Below, a look at Apple's stock before these major announcements, highlighted with the company's recent performance heading into the expected September 12 unveil of its next iPhone.
Notably, shares are already up 5% in anticipation of the 'iPhone 5'.
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Comments (2)
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justabrake - August 22, 2012 at 2:44pm
It takes money to make money
0
tdtran1025 - August 21, 2012 at 8:13pm
One would think the day traders, if there be any anymore, would learn this curve and make some money for themselves. Yet the majority of them have died by the wayside from betting on high-risk stocks. The old schoolers that invested in Apple 12 years ago when they were well advised are living well today.