By Maximilian Clarke
Apple (NASDAQ: AAPL) ‘s shares have yet to recover from the loss of more than 10% of their value following what many have described as a ‘disappointing’ product launch.
The much hyped ‘Let’s Talk iPhone’ event sent shockwaves through the internet, with the cryptic phrase immediately becoming the most discussed trend on Twitter. Share prices for the Cupertino, California-based tech company climbed to a monthly high of 422.7¢.
Many anticipated the New York event to be the launch of the iPhone 5, with analysts frantically publishing predictions and iPhone 5 wish lists. The 4th October event, however, simply saw the release of a slightly tweaked iPhone 4- the 4GS, with none of the graceful ergonomics or revolutionary design features many had hoped for.
Apple immediately saw their share prices plunge to a low of 355¢ as investors and Apple fans were said to be underwhelmed. Since this dive, share values have maintained an upward trajectory, climbing to 378¢ a share, though remain appreciably below their highs seen towards the end of September.
Join us on