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Friday, March 29, 2024

Connecting Apple’s Dots: It Will Be Different This Time

Courtesy of Doug Short.

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.


How time flies! Nine years ago Steve Jobs delivered one of the most memorable commencement addresses of all time at Stanford University (available on YouTube). In that speech, Steve discussed connecting life’s dots by looking backwards.

As most of us are well aware, Apple will introduce the iPhone 6 today. Speaking of new products introductions and connecting the dots looking backwards, does it seem odd that Apple’s stock is almost the exact same price today as it was when they introduced the iPhone 5?

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Tim Cook introduced the iPhone 5 in 2012, as Apples stock was hitting a 5 & 30-year resistance lines (see post here). It then proceeded to lose a third of its value after hitting these resistance lines.

Odds are high the results will be different this time!

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