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September 12, 2012 06:01 pm GMT

How iPhone Announcements Affect Apple Stock


iPhone launch events are big news in the tech world. The debut of the original back in January 2007 turned a lot of heads and ushered in a new era of smartphone technology.

It also sent Apple stock through the roof, jumping more than 10 points in a few days. That was a big splash. As Apple revealed subsequent iterations of the iPhone, market reaction was mixed.

SEE ALSO: Apple Stock Price Up Slightly as Market Opens

Anticipation of the iPhone 3GS had Apple stock on a steady climb, but the high was short lived. iPhone 4 and 4S announcements had similar trajectories -- both show a steady rebound over the course of subsequent days.

The data is charted below by our friends at Statist
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More About: Business, apple, iPhone 5, iphone, stock


Original Link: http://feeds.mashable.com/~r/Mashable/~3/ltX26hy3zOI/

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