Monday, October 7, 2013
In part 1, we took a look at Apple stock the day before the unveiling of the iPhone 5S and iPhone 5C. Looking at historic unveilings, we predicted that in the 15 days following the unveil, it's likely that Apple Stock would fall by at least 5%. Part 2 of the post showed that the stock price fell 3.4% within 30 minutes of the end of presentation Apple held for the unveiling. But, we wanted to see if the drop did indeed hit the 5% mark over the next 15 days. A lot happened in those 15 days! Let's take a look.