Wednesday, September 12, 2012

Mashable!: How iPhone Announcements Affect Apple Stock

Mashable!
Founded in July 2005, Mashable is the world's largest blog focused exclusively on Web 2.0 and Social Media news. Mashable is the most prolific blog reviewing new Web sites and services, publishing breaking news on what's new on the web and offering social media resources and guides.
How iPhone Announcements Affect Apple Stock
Sep 12th 2012, 14:01

iPhone launch events are big news in the tech world. The debut of the original back in January 2007 turned a lot of heads and ushered in a new era of smartphone technology.

It also sent Apple stock through the roof, jumping more than 10 points in a few days. That was a big splash. As Apple revealed subsequent iterations of the iPhone, market reaction was mixed.

SEE ALSO: Apple Stock Price Up Slightly as Market Opens

Anticipation of the iPhone 3GS had Apple stock on a steady climb, but the high was short lived. iPhone 4 and 4S announcements had similar trajectories -- both show a steady rebound over the course of subsequent days.

The data is charted below by our friends at StatistContinue reading...

More About: Business, apple, iPhone 5, iphone, stock

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