Apple Inc. shares up sharply after January 27 special media event announcement

Steal of the Day - Updated Daily!Apple Inc. shares are currently up sharply, rising $7.92, or 3.85%, to $213.85 a day after the company sent out invitations to the media for a January 27 event in San Francisco.

Apple’s 52-week high was set on January 5, 2010 at $215.59. The stock’s 52-week low was $78.20 set on January 20, 2009.

The special event (see invitation below) is widely expected to focus on a rumored tablet device and possibly other items and/or news, such as iPhone devices, iPhone OS 4.0, and new iTunes Store features.

15 Comments

  1. So, true. The expectations will be through the roof. Apple will only deliver on a few of them. Then, the stock will drop. After a few weeks the stock rallies to a new high when the total implications of the new product are fully understood. I think this happens with every product launch.

  2. For those of you who wonder why Apple inc. does not pay out large dividends to share holders, this is how share holders make their returns. Buy now, sell on the 25th or 26th, then buy on the 28th or 29th when shares drop down again making a killing.

  3. There will be a lot of extra oxygen in the room, as the audience holds its collective breath, and 1,000 racing heartbeats will be audible, when Steve utters the words, “Oh, and one more thing…”

  4. for the first time in my life, I bought stocks. 9 shares in AAPL at 210 a pop. the stock price has shot up to 215. I bought on the rumor of the tablet, and he will show it on stage on the 27th. its my fist stocks experience and I wanna make some hot profits. anyone with experience, when is the best time to sell all this shit? and when do I buy it again?

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