“Back in February, I posted a blog about the stock trend of Apple Computer stock as the San Francisco MacWorld convention approaches. In four out of the last five years, Apple Computer stock (AAPL on NASDAQ) has increased by at least 8% and as much as 37%, measured from November 15 to the last day of the Expo in January. Why has this happened? There are several factors that most likely contribute to this such as strong year-end sales of Apple products from holiday shopping and anticipation of new products to be released at the Expo. In addition, there is the heavy promotion of the Expo which is indirect promotion of the stock,” Stockerblog reports.
Stockerblog reports, “The Apple Expos are huge, and amazingly, the convention revolves around this one company. Ever heard of a Dell Expo, or a Hewlett Packard Expo (Hewlett Packard is even an exhibitor at the Apple Expo).”
Full article with table showing the AAPL results since 2001 here.