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My name is Martin, from Cape Town, ZA. I'm the Co-Founder and Chief Editor of the growing Traders Community. I've an experience of over 8 years in Forex as a Portfolio manager, Trader and guest writer for many financiel and forex websites such as,... More
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  • September Is Another Big Month For Apple 0 comments
    Sep 8, 2013 6:03 AM

    The first half of 2013 was disappointing for Apple whose stock lost $300 from an all-time high of $700 per share to slightly below $400. Obvious signs of resurgence were noted by investors since then, with August marking a new high of $500 per share only to suffer another dip in the final week. We'll soon find out whether this was merely a correction or the uptrend has ended sooner than expected, what is certain is that September promises to be an important month for the Cupertino giant.

    Iphone 5S to Be Released In a Few Days

    Both Apple bears and bulls are looking forward for next week's event, as they have plenty of arguments in favor and against the announced release of the next smart phone. The company did a brilliant job in keeping these specifications secret, although enough rumors have transpired in the media to make some educated predictions. To start with, this new smart phone won't be a steep departure from iPhone 5 and the most significant changes will be under its wood, with the appearance remaining virtually unchanged.

    Binary options traders should wait for two or three days to see whether the stock bounces back above $500 or if the slide continues. As soon as it dips below $480, they shouldn't waste more time because consumer sentiment is going to weigh heavier in the balance and the release itself. Binary options that expire one week from now should capitalize on this sentiment, well before the release of the next iPhone will have any concrete effects. The smartphones industry is heavily polarized and many specialists are affected by prejudice so the media will be buzzing with contradictory reports in the next days.

    The Effects of the Iphone Trade-In Plan

    An important initiative is the iPhone trade-in plan which just as the name suggests is supposed to present Apple users with the option of replacing their aging smart phones. The idea is to turn in their current iPhone and pay the difference to acquire the latest model, which should translate into boosted sales for iPhone 5S. On the bright side, this idea should convince users that it is worth paying a small amount of money to stay up-to-date with technology, while receiving a fair compensation for their current iPhone.

    Binary options traders shouldn't overestimate the impact of this measure, because its effects will only become evident in time. On the other hand, the same campaign can be interpreted as a sign of Apple desperation, suggesting that the company is no longer confident in its ability to promote a new product. Frequently presented as a product for people who have more money than common sense by its detractors, the iPhone needs to change dramatically to be synonymous to innovation. The stock is likely to oscillate around current values and call options should be capped at $500 per share with a decent expiry date.

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