Those who want to take their minds off of the currency market can turn their attention towards the stock market where one of the biggest and most important stocks is going to take some changes today. Even though the markets are still closed in the USA, we are already ready to face to changes that are coming to Apple today. Why? Well, because today we are going to see another presentation of their production.
As usually in the middle of September, Apple are presenting a new model of iPhone. And even though every year this event is anticipated by the fans of Apple technologies, for the last couple of years we have noticed a certain pattern – every new model of iPhone is more and more expensive than the previous one. This means that with each year less and less people can afford the newest products of the company. And this in its turn means that less and less profitability is seen by Apple. Of course this couldn’t help but affect traders’ view of the future immediately after the prices for the new phones are made public.
That means that as soon as the presentation is over, Apple are bound to see some changes in the prices for their shares. And of course given the full situation in the world markets we hope that Apple is going to live through the changes with no huge losses.
We in our turn can use trading signals and enjoy trading!