Technology

Here’s what Happens To Apple’s Stock When It Announces A New iPhone

Here’s what Happens To Apple’s Stock When It Announces A New iPhone

Apple Announces a New iPhone

According to Apple analyst Gene Munster’s analysis of the Apple stocks, right from the release of the most impressive product from the Apple line – the iPhone 3G to the most awaited iPhone 5S/5C reveal some interesting facts about what happens to their stocks in the market post, and during its launch. It is surprising to know that the stock price actually drops during the day of the announcement, while it gains a bit just before the sale but finally drops again. Based on the information provided by Mr. Gene Munster, the stock price, on an average drops by 1.4% on the day of the event, followed by a 1.9% rise and finally dropping down to 0.4%. If this analysis were to work out this time as well then there would be a certain drop in the stock price followed by the iPhone 6 and iPhone 6 plus launching.

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