How iPhone Announcements Affect Apple Stock
When Apple releases a new product, expectations are always high. Sometimes these expectations can be tough to beat. In Apple's case, the hype surrounding its yet to be announced products is often so big that inevitably some people feel underwhelmed when the actual product arrives.
Above chart illustrates how Apple's stock price is influenced by the hype before and the reaction after a new iPhone announcement.
Above chart illustrates how Apple's stock price is influenced by the hype before and the reaction after a new iPhone announcement.