Our Business News

Business articles & tips that will guide you.

Facebook
RSS

SAN FRANCISCO Apple Inc’s stock “outperforms materially” in the eight weeks before a major product rollout, Bernstein Research analyst Toni Sacconaghi said in a Monday note. But he added that, historically, Apple’s stock’s performance has been “relatively tepid” in the two weeks surrounding the product introduction, and typically underperforms in the two months after the rollout. But he also wrote, “With the widely-held expectation that the iPhone5 will now ship in September, a key question for the launch will be Apple’s expected rollout schedule, particularly in the face of possible issues around securing key components.” Apple shares hit a new all-time high on Monday, amid growing buzz surrounding the September launch of the iPhone 5. The stock was last trading up 2% to $ 661.27.

You must be logged in to post a comment.

All You Need To Know

Pop-up restaurants are becoming increasingly popular. As rent prices rise ...

4 Tips That Can Help

In an increasingly technology driven world where instant access is ...

Why You Need to Step

No one can argue that your online influence matters. Without ...

3 Changes to the HIP

Changes to the HIPAA Omnibus from 2015 may affect the ...

5 Reasons Why Daryl

Billionaire Daryl Katz has recently been in the news because ...