A brand-new Apple Occasion prowls around the corner. Beyond the curiosity for what new items will be revealed, investors will also take notice of how Apple stock will act. Below, the Apple Maven examines how the previous events aﬀected share cost habits in 2020.
Before we dive in …
Bear in mind that the Apple Maven will cover the occasion via live blog, beginning at 12:45 a.m. EST on April 20. Tune in to follow our analysis of Apple’s “Spring Loaded” presentation!The result of Apple
events on the stock Apple’s”Another Thing”–
- November 30, 2020: The emphasize of the occasion was Apple’s intro of the M1-equipped MacBook Air, 13‑inch MacBook Pro and Mac mini. In the following three months, the stock climbed up 23%, reaching all-time highs by January 2021. Figure 1: Apple stock performance after” Another Thing”event.Google Financing Apple’s “Hey, Speed “– October 13, 2020: The Cupertino company introduced the extremely expected iPhone 12 and iPhone 12 Pro with 5G connection, MagSafe devices, and the HomePod mini. This might be considered the main event of the year, given that the iPhone is Apple’s key earnings motorist. Nevertheless, the stock dropped 4% in between the iPhone launch and the “One More Thing” occasion.
Figure 2: Apple stock performance after “Hello there, Speed “event.Google Finance Apple’s” Time Flies”– September 15, 2020: In this action-packed occasion, the Apple Watch Series 6, Apple Watch SE, the brand-new iPad Air and iPad, Apple Physical fitness + and Apple One were presented. Apple stock climbed up 4%in the six weeks in between”Time Flies “and” Hi, Speed”. Figure 3: Apple stock performance after”Time Flies”event.Google Financing Apple’s WWDC– June 22, 2020: In the 2020 version of the Worldwide Developers Conference
- , updates to iOS, iPadOS, watchOS and macOS Big Sur were announced. Extremely significantly, Apple’s introduction of the M1 chip likewise took spotlight. The conference was hosted online for the very first time, due to the COVID-19 pandemic. In the following 3 months, Apple shares climbed up a remarkable 50% to its early September peak. Figure 4: Apple stock efficiency after” WWDC”event.Google Financing What about the next Apple Event?At least in 2020, Apple stock carried out normally
well in the days following the company’s events– although it is hard to establish causation with much certainty. Investors who bought shares ahead of the essential dates, other than for “Hello, Speed “, saw good gains in a brief period.But will the upcoming occasion guide the stock higher this time?The Apple Maven questions that the iPad, the most likely star of Tuesday’s announcements, will be a video game changer for
Apple stock the same method that the iPhone or new products in blended reality and self-governing cars could be. But it is necessary for Apple to keep the momentum entering the tablet business, taking advantage of patterns in work-from-home and tablet-as-a-PC. Twitter speaks As an existing or potential financier, what do you anticipate of the stock on the day of Apple’s occasion? I asked Twitter for an opinion, here are the answers.Read more from the Apple Maven:(Disclaimers: this is not financial investment suggestions. The author might be
long several stocks pointed out in this report. Likewise, the post may include affiliate links. These partnerships do not affect editorial material.
Thanks for supporting The Apple Maven)