The weekend headlines suggested that iPhone sales for the past quarter may have been much stronger than expected, but Monday's price action shows that investors are taking such news with a grain of salt. Shares of Apple (AAPL) normally move at a rather similar, though exaggerated, pace to that of the Nasdaq 100 index price, and since the beginning of the year the stock has kept close to its familiar habit.
Apple Shares Ahead Of Earnings Fail To Reflect Possible iPhone Sales Jump
Forbes - 26 Jan 2015 22:07
The weekend headlines suggested that iPhone sales for the past quarter may have been much stronger than expected, but Monday's price action shows that investors are taking such news with a grain of salt. Shares of Apple (AAPL) normally move at a rather similar, though exaggerated, pace to that of the Nasdaq 100 index price, and since the beginning of the year the stock has kept close to its familiar habit.
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