Monday, September 1, 2014

Apple Stock After An iPhone Announcement

An interesting chart by CNN Money, showcasing how Apple's stock price behaves one month after an iPhone announcement. Interestingly, the only instance where Apple's stock rose in iPhone history was in 2011, when Apple announced the iPhone 4S — otherwise known as the most disappointing iPhone announcement, in my opinion. The chart shows how the iPhone 5 affected Apple stock as well, which I wrote about two weeks ago: 'Looking Back At How Apple's Stock Dropped from Its All-Time High & Its Recovery'.

Source: CNN Money