A 5C Iphone with a China moblie deal is not just another product launch
I have read many posts and heard some commentators talk about Apples stock action after product launches. They are right in saying it mostly sells off after it runs up going into these launches. This time could be very different if Apple does indeed announce a CM deal. Very few analysts have factored in China Mobile in there models for fiscal 2014. A deal would cause widespread upgrades and that is just the start of a steady march to all time highs in 2014.
what run-up? the stock has come off lows, but didnt really run up much prior to the announcements because there is still alot of negative sentiment from wall street. apple is going to let their financial performance speak for itself and the doubters have until earnings are released for the final quarter of the year. that is when the doubters will start piling on, but much too late to make the big gains that the rest of us who have been buying at lows will achieve. this netflix and tesla all over again.