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The correlation between Apple product launch and stock price

BATS:AAPL   APPLE INC
15076 7 5
The highly anticipated iPhone 5 release has pumped Apple             price to new records as investors jump in the strongly desired stock . It is interesting how does the Apple             shares behave around important product release dates. Here some findings:

There are some common price patterns repeated almost around every product release date:
- The price peaks few days before release date and falls one to three months afterwards
- The correction after the release date is between 9 and 16%
- The correction is usually zig-zag shaped

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