Whatever the drag was on the stock markets last week seems to have subsided over the weekend. Call if fear, bad news, or whatever… investors saw the dramatic declines as a buying opportunity across all of the indexes.
Apple (NASDAQ:AAPL) shares are definitely not exempt from this market rebound. Already in early morning trading Apple stock prices are up 7%, +16.76 (7.11%), trading right now at 252.71 and climbing toward the positive.
The NASDAQ is trending in the same direction as the tech index is up 4.12% at 2,359.01 as of the time of this writing.
Future Apple announcements and the impact on Apple stock prices
Coming up next month Apple is expected to announce a newly designed, and highly optimized iPhone 4G – running off the new iPhone OS 4 platform. This announcement has been widely expected to occur at the WWDC 2010 that will start in San Francisco on June 7th. Most people who follow the iPhone are anticipating that the WWDC 2010 will open with Steve Jobs making another grand announcement – and this time it will be for the iPhone 4G.
Apple already announced that the AT&T exclusive clause has been extended for another 6 months. Apple extending the AT&T exclusive clause was locked in when AT&T offered Apple half price on their iPad 3G data plans in exchange for an extension on the exclusive clause.
What other factors do you see that are currently affecting Apple stock prices (NASDAQ:AAPL)?