Analyst: Apple Stock likely to Rise after iPhone, WWDC

Posted May 23rd, 2007 by Shawn

News

From MacObserver
Many investors rely on the "buy on the rumor, sell on the news" strategy, but that isn't likely to pay off with Apple, according to Piper Jaffray analyst Gene Munster. The company's stock typically rises after big events, and two are scheduled for June: Apple's World Wide Developer Conference, and the iPhone launch.

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