UPDATE : AAPL....Buy The Hype , Sell the News ? Long

Apple Inc.NASDAQ

Description

⋅ Sep 8, 2014 6:04 PM

Piper Jeffrey 's analyst Gene Munster release interesting data on AAPL price movement when the release a phone:

Model Day of event Event to Launch Day of Lauch

3g -1.7 -5.0 1.6
3gs 0.0 -3.0 1.0
4 -2.8 7.2 -0.7
4s -0.6 13.3 1.2
5 0.4 4.5 -0.3
5s/5c -2.3 -5.5 -2.2

Source : table doesn't paste well here : streetinsider.com/images/ckuploads/img/2014/09/08/iphonetrading.jpg
AVERAGE -1.2% -5.5% -2.2%

Can we use these facts to trade ? for me personally, no. What I mainly see in this data is investor reacting to new features on the iPhone. the iPhone4 was a major upgrade from the 3GS, the 4s came out right after MR. Jobs death, the iphone 5 came out with a new sensor button and iOS update. The 3GS and 5S/5C however were minor upgrades.

AAPL remains very attractive , so this trade remains open. Let 's see how the markets react to the iphone 6 tomorrow.

Cheer

Algo

Comments

Algokid

⋅ Sep 15, 2014 3:05 PM

6 millions iPhone 6 Pre -orders in 24 hours...... This is great news ! :)

Algokid

⋅ Sep 9, 2014 6:54 PM

Job Well done Tim Cook.....

Algokid

⋅ Sep 8, 2014 6:05 PM

odel Day of event Event to Launch Day of Lauch

3g -1.7 -5.0 1.6
3gs 0.0 -3.0 1.0
4 -2.8 7.2 -0.7
4s -0.6 13.3 1.2
5 0.4 4.5 -0.3
5s/5c -2.3 -5.5 -2.2

AVERAGE -1.2% -5.5% -2.2%

Algokid

⋅ Sep 8, 2014 6:07 PM

I guess table don't paste well here , see source here :

fortunedotcom.files.wordpress.com/2014/09/munster.png?w=815&h=430&crop=1

Algokid

⋅ Sep 8, 2014 6:09 PM

streetinsider.com/images/ckuploads/img/2014/09/08/iphonetrading.jpg

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