CHART OF THE DAY: What Happens To Apple’s Stock After It Announces A New iPhone – Business Insider

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Here’s a fun chart, via Philip Elmer DeWitt of Fortune, looking at how Apple’s stock trades before and after the announcement of a new iPhone.

Only twice has the stock dropped in the six months following a new iPhone launch — In 2008, when the economy fell apart, and Apple coincidentally released the iPhone 3G, and in 2012 when it released the iPhone 5.

What does it mean for tomorrow? We have no idea! Past performance does not guarantee future results. Still, fun to look at it.

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via CHART OF THE DAY: What Happens To Apple's Stock After It Announces A New iPhone – Business Insider.

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Born in 1964, business owner, from Woodbridge, VA, owns ExcitingAds! Inc. (http://www.excitingads.com) and blog (https://search.excitingads.com). He was born in Mirpurkhas, Sind, Pakistan. His elementary school was ST. Michael's Convent High School, Mirpurkhas, Sind, Pakistan. Graduated high school from ST. Bonaventure's Convent High School, Hyderabad, Sind, Pakistan. His pre-med college was S. A. L. Govt. College, Mirpurkas, Sind, Pakistan. Graduated from Liaquat University of Medical and Health Sciences, Jamshoro, Sind, Pakistan in 1990. Earned equivalency certification from Educational Commission for Foreign Medical Graduates, Philadelphia, PA in 1994.

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