Apple stock reacted yesterday hep and growth in anticipation of the presentation of the new iPhone 5G. The value of the securities soared by 2.5% at once, and by 7% as a whole before the live broadcast. However, after the quotes went to the correction and so far remain at the level of the opening gap.
Apple officials said they were successfully testing 5G with more than 100 carriers in 30 regions of the United States, and the iPhone 12 mini will cost 699$ and the iPhone 12 will cost 799$. Unfortunately, the new communication standard will only be available for America, which turned out to be disappointing news.
Obviously, users and investors didn't hear everything they expected from the new iPhone 12, which gave a downward disappointed momentum to the stock. We'll see how the gap closes.
- More forecasts and news on the Fortrader channel at Telegram