Apple's stock price responds bullishly to unveiling of Apple iPhone 5

Apple's stock price responds bullishly to unveiling of Apple iPhone 5
So what do stock investors think about the new Apple iPhone 5? So far, it looks like those who buy and sell shares of the Cupertino based tech titan are bullish on the latest iteration of Apple's smartphone. On Wednesday, Apple closed up $9.20 or 1.4%, to $669.79. After hours, the stock rose an additional $1.41 to $671.20. As the event started on the west coast, traders in the Big Apple started selling shares of the iPhone manufacturer before a big rally in the last hour led to the day's gains.

You might recall that last year's Apple iPhone 4S introduction was considered disappointing with no change in screen size or design. Last October 4th, the day the Apple iPhone 4S was announced, the stock was $372.50, down $2.10 on the day. Now that the Apple iPhone 5 has been released, the next big event for Apple shareholders could be the next earnings report due on October 15th. Also expected sometime next month is the unveiling of the Apple iPad mini. Both of those events are capable of moving the stock sharply in either direction.

source: YahooFinancial

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24 Comments

1. PAPINYC

Posts: 2315; Member since: Jul 30, 2011

This always happens to Apple stock on announcement day. And, even when the herd is disappointed, they all rally behind each other because they know not doing so would mean that their precious stock investments would be totally and utterly annihilated; it's like when everyone rallied against George W to re-elect him, they knew it was wrong but they wanted to show a united front. Same united front here.

7. Slammer

Posts: 1515; Member since: Jun 03, 2010

When you have set a certain president with yourself, you must remain at that level or forfeit the command. I feel Apple grew too big, too fast in the last 7 years. It has usually held very low marketshare most of its 30 year tenure. The very person that brought his vision to an ailing company, is gone. They now have been dealt the huge task of retaining this position. With Steve gone, I don't feel it has the ingredients to hold on to the top position no matter how big it is. The company was founded by Steve and built around him. He lived Apple and Apple followed him. He was the common denominator in Apple's most celebrated moments. John B.

10. ChiX017

Posts: 308; Member since: Nov 09, 2011

TRUE...

11. Femto

Posts: 61; Member since: Mar 21, 2012

Yeah. What are those stupid iInvestors thinking. Who would ever want to make money? Much smarter to sit on the sidelines and complain about it(?)... You don't have to like Apple to make money on Apple.

16. -box-

Posts: 3991; Member since: Jan 04, 2012

I wonder how it'll be affected when Samsung and HTC announce their lawsuits...

2. lumialove

Posts: 75; Member since: May 16, 2012

Nokia showed innovations...,stocks went down. Apple showed crap-o-vations....shares went up. Amazing....amazing

3. santaclaus

Posts: 52; Member since: Jul 20, 2011

so true. don't know how those people think nowadays sigh...

9. MeoCao unregistered

The phone itself is not everything. You need a strong ecosystem to be successful. Just look at Amazon tablets, they are very poor compared to N7 but many will buy them b-c of Amazon online store. Nokia must go with Android in parallel with WP to be successful, with all innovation Nokia has shown it's not too late.

12. -box-

Posts: 3991; Member since: Jan 04, 2012

Poor? Have you READ any of the reviews? The only complaints are regarding the Kindle OS, and how it compares with JB on the Nexus7.

22. MeoCao unregistered

of course I read some, the Verge gave N7 8.8 while Kindle Fire HD 7 got 7.5, and that's with the ecosystem as a factor.

8. samystic

Posts: 242; Member since: Mar 25, 2012

i had to reply this... it's Nokia's fault... it brought the best late... it disregarded Meego and N9... the only good thing it did was remain proud of it (did not go with Android) and that's why i will remain with Nokia... samystic

20. samystic

Posts: 242; Member since: Mar 25, 2012

to the eager kids who thumbed me down... am i mentioning something incorrect? or are you those Android fanbois??? samystic

21. JunkCreek

Posts: 407; Member since: Jul 13, 2012

why so bothering about "Thumb(s) Down". Just say it. It is the net, anyone or anything can just thumbs you down to abuse or get abused by u. So better ignore it and just say whats in ur mind. In the net, it is not matter bout the status, you get so many thumbs down even you said a very objective thought. Just ignore it and be u.

14. arsenaljimenez

Posts: 198; Member since: May 03, 2012

Its opposite day today, Apple was supposed to bring innovations, but didn't and stock was supposed to go down, but went to up I seriously do not understand this, Nokia had real innovations

18. abhijeit

Posts: 25; Member since: Sep 07, 2012

i totally agree wid u...i mean wat a sick world we r living in!!! these investors are the people who only know money..nothin else apart from dat!!! i knw dat dis new craple phone will still sell millions, bcoz of a large uneducated population sittiing on our planet!!!!

23. haseebzahid

Posts: 1853; Member since: Feb 22, 2012

they are not tech geeks they are money hungry demons their set of minds work opposite to costomers even if they buy apple sotcks they might not always have apple phones

24. mercorp

Posts: 1045; Member since: Jan 28, 2012

Because they are the reality-distortion-poisoned investors!

4. Beardthulhu

Posts: 1; Member since: Aug 29, 2012

Am I the only one who thinks the design could have been a little better thought out? It looks way too tall to me.

13. -box-

Posts: 3991; Member since: Jan 04, 2012

Ive ran out of ideas once it was revealed he's just been copping Dieter Rams' designs for Braun

17. Alistaire

Posts: 132; Member since: Apr 13, 2012

It looks too much like a tv remote

5. fanboy1974

Posts: 1345; Member since: Nov 12, 2011

That's all people care about with Apple; stock prices instead of phones. I don't know how good or how bad Samsung is doing in their homeland but I now their kicking Apples butt on their home court. Apple is destined to screw up and the walls will crumble down. Apple is going to stick with that display and body for 2 years minimum while Android phones sale like hotcakes. And the only one to blame is Apple.

6. rusticguy

Posts: 2828; Member since: Aug 11, 2012

No. In most cases such stocks are manipulated. By traders.

15. doejon

Posts: 411; Member since: Jul 31, 2012

we will see... how much apple will sell.. and i dont know but somehow i feel that the iphone 5 will not beat the sales record of 4s it still will be a lot but not as 4s personaly i hope that the sales of ishit 5 crashes hahaha we hate u apple even ex isheeps cuz u sold ur innovativity to the devil and sued samsung and other companies hahaha go to hell

19. Alistaire

Posts: 132; Member since: Apr 13, 2012

I feel more people with go for the iPod touch. Now could actually have all the functionality without the phone part.

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