Monday, September 26, 2011

Two iPhone Models to be Released Oct. 4th



When I posted the above picture a few days ago, I speculated that Apple (AAPL) would not be releasing a major upgrade to it's next-gen handset and would instead release the iPhone 4S which would be a major blow to the stock. Apparently I was half right. Today the word is that Apple (AAPL) will release two versions of the iPhone on Oct. 4th, the redesigned iPhone 5, and, an updated iPhone 4 dubbed the "4S" that will serve as the companies low-end offering. 

This is not a recommendation to buy or sell any securities. DAK was long AAPL at time of publication but positions can change at anytime.

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