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Here's What Happens To Apple's Stock After It Starts Selling A New iPhone

Jay YarowSep 22, 2014, 18:53 IST

Apple just announced record-breaking opening weekend iPhone sales. It says sold over 10 million units.

So far, the stock isn't doing much. It's up 0.83%. But, that could be about to change. Walt Piecyk at BTIG Research published the following chart that shows what happens to Apple's stock historically after it starts selling a new iPhone.

BTIG