Pay close attention to Apple (AAPL) over these next few days.
We could easily see sizable momentum in the stock ahead of its October 13 iPhone 12 launch.
At the event, Apple will introduce its iPhone 12 with 5G connectivity.
“We believe iPhone 12 represents the most significant product cycle for Cook & Co. since IPhone 6 in 2014 and will be another defining chapter in the Apple growth story looking ahead despite a softer consumer spending environment,” Wedbush analyst Daniel Ives said, as quoted by CNET. He added the launch a “once in a decade” event for Apple.
The event will be held on October 13 at 10am PT, 1pm EST.