Inside the Announcement
While spectators are expecting an iWatch announcement, many analysts expect additional products to be announced.
The iWatch and Apple Shares
However, going forward, many investors will be focusing on what they already know – the iWatch will be unveiled next month. The next question will be: How will this announcement impact shares?
While we cannot be sure how shares will react, we can compare this event to the iPhone 6 announcement on September 9. After the iPhone 6 was unveiled and then released on September 19, shares were sluggish. However, since the iPhone 6 event, shares have grew over 30% and analyst estimates have surged. For more information check out: How Does Apple Stock React to Product Releases?
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.73%|
|VFINX||Vanguard 500 Index||1.11%|
The Bottom Line
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