Should You Buy Apple Stock Before WWDC?

TheStreet2021-06-04

On June 7, Apple will host its annual WWDC event – as a virtual conference, just like 2020. The Apple Maven looked back at recent history to see how AAPL stock behaved around these events. Apple’s ...

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Gooooooooood
·2021-06-07
Buy buy buy
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- Gooooooooood:
  Good time to buy
  2021-06-07
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Phyusin
·2021-06-07
Is good time to buy apple?
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2
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- Mml:
  Yeah lol
  2021-06-11
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- Mml:
  Are you sure?
  2021-06-11
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- Phyusin:
  Not sure
  2021-06-11
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小虎一飞冲天
·2021-06-07
??
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The_scalper
·2021-06-07
Another wave will come when they announce Apple EV car
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1
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- Randyran:
  ??????
  2021-06-07
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Jxong
·2021-06-06
Ho
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2
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Envyapple
·2021-06-06
?
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1
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SafetyFirst
·2021-06-06
Comment
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3
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- MeHu:
  Done. please reply me back
  2021-06-06
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- SafetyFirst:
  comment pls
  2021-06-06
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LimLS
·2021-06-06
Similar to the trend of buy the rumour, sell the news. This will be for those looking for making a fast buck. Long term investors don't really care
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TooYoung
·2021-06-06
,Interesting read.. Like and comment please
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1
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- MeHu:
  Please reply me back
  2021-06-06
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rsaje
·2021-06-06
Like and comment please
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2
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Bbloh
·2021-06-06
Like n comment pls
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4
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- Bbloh:
  Ok
  2021-06-07
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- rsaje:
  Comment back?
  2021-06-06
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Chuashiyong
·2021-06-06
Buy them
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- Chuashiyong:
  [Miser]
  2021-06-07
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- Mr小白:
  buy buy buy
  2021-06-06
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- Chuashiyong:
  Good luck!
  2021-06-07
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CuriousPhD
·2021-06-06
Please like the post
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- WaiKeat6789:
  li ke
  2021-06-06
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CL777
·2021-06-06
Yes!
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6
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- Sheryl85Replying toCL777:
  thanks
  2021-06-07
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- CL777:
  Yea
  2021-06-07
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- CL777:
  Yea
  2021-06-07
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TaiWoeiHaur
·2021-06-06
Best
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1
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WDnemo
·2021-06-06
This is a tad on the expansive price point.
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- WDnemo:
  Will only buy if lower
  2021-06-06
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- Lgdnic:
  Yeahhhhh
  2021-06-06
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- noodlesauce:
  yeahhhhh
  2021-06-06
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Kevin92
·2021-06-06
like and comment
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- Tan123:
  comment
  2021-06-06
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TSLAtothemoon
·2021-06-06
Should buy. Like and comment if agree
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- BlueDaisy:
  Yes, buy
  2021-06-07
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- rsaje:
  Comment back?
  2021-06-06
  Reply
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Lgdnic
·2021-06-06
Please like and comment
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3
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- noodlesauce:
  bullish
  2021-06-06
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- WDnemo:
  Sure
  2021-06-06
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- BuyX3:
  Done
  2021-06-06
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cassan
·2021-06-06
Like and comment pls
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- TSLAtothemoon:
  done. pls conment back
  2021-06-06
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- 627ac981:
  Rely pls
  2021-06-06
  Reply
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- Lgdnic:
  Oooooooooo
  2021-06-06
  Reply
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The Apple Maven looked back at recent history to see how AAPL stock behaved around these events.\nApple’s ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/should-you-buy-apple-stock-before-wwdc\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.thestreet.com/apple/stock/should-you-buy-apple-stock-before-wwdc","article_id":"1158897173","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1158897173","pubTimestamp":1622813283,"sourceInfo":null,"weMediaInfo":null,"summary":"On June 7, Apple will host its annual WWDC event – as a virtual conference, just like 2020. The Apple Maven looked back at recent history to see how AAPL stock behaved around these events.Apple’s WWDC is just around the corner. The Cupertino company will virtually host the 32nd Worldwide Developers Conference, starting June 7. Rumor has it that Apple will announce five new software updates, including iOS 15 and macOS 12. Also, new hardware could be unveiled, but these announcements tend to be ra","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"你应该在WWDC之前买入苹果股票吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"On June 7, Apple will host its annual WWDC event – as a virtual conference, just like 2020. The Apple Maven looked back at recent history to see how AAPL stock behaved around these events.\nApple’s WWDC is just around the corner. The Cupertino company will virtually host the 32nd Worldwide Developers Conference, starting June 7. Rumor has it that Apple will announce five new software updates, including iOS 15 and macOS 12. Also, new hardware could be unveiled, but these announcements tend to be rare during the developers’ conference.\nToday, the Apple Maven looks back at the most recent WWDC events to check how the stock behaved prior to and immediately after the conference.\nBefore we dive in…\nKeep in mind that the Apple Maven will cover the event via live blog, starting at 9:45 a.m. Cupertino time (PDT), on June 7. Tune in to follow our analysis of Apple's WWDC presentation!\nFigure 1: Apple's 2021 WWDC.\nWWDC 2017: Apple stock hiccups\nThe 2017 edition of WWDC took place between June 5 and June 9, 2017. At that time, three software updates were announced: the iOS 11, macOS High Sierra and tvOS. Also, hardware updates were unveiled, including the Mac, iPad and HomePod.\nLooking at the performance of Apple shares a week before until the end of the event, AAPL investors did not show much enthusiasm. The stock moved 3% lower, trading at that time at $37.\nFigure 2: AAPL 2017 chart.\nWWDC 2018: modest climb\nIn 2018, WWDC was held from June 4 to June 8. iOS 12 was announced, and so were software updates for Mac and Watch. This time, there were no hardware announcements.\nFigure 3: AAPL 2018 chart.\nFrom one week prior until the end of the event, WWDC 2018 may have brought optimism to investors, as shares climbed by 2%, trading at that time at nearly $48.\nWWDC 2019: the start of the ramp\nThe 2019 conference was held from June 3 to June 7. iOS 13 and other software updates were announced for the Mac, Watch, TV and iPad. Apple also launched hardware updates on Mac.\nApple stock behaved well, rising nearly 7% from a week before to the end of the event. In 2019, WWDC coincided with the beginning of a massive climb in AAPL share price that lasted until the end of the year.\nFigure 4: AAPL 2019 chart.\nWWDC 2020: riding the recovery\nFor the first time, the 2020 version of WWDC was held online because of the COVID-19 pandemic. The conference happened from June 22 to June 26. At that time, iOS 14 was announced, alongside iPad, Watch, TV and Mac software updates.The highlight of the event was the announced transition to custom ARM processors for Mac.\nThe stock was rebounding from the COVID-19 stock market crash at that time. Looking back at the period between a week prior to and the end of the event, shares were up 3%.\nFigure 5: AAPL 2020 chart.\nWhat history suggests\nIt is hard to predict how Apple stock will behave in the near future. However, looking back at history, we can draw a few conclusions about AAPL share price behavior around WWDC in the last 5 years.\nExcept for the 2017 conference, Apple caught an updraft around the WWDC weeks. Whether the performance is related to the event itself is a matter of interpretation.\nWhat to expect of WWDC 2021\nFor this year’s WWDC, Apple will likely release the usual software updates. For investors, possible updates on the products and services front would be most meaningful.\nA possible successor for the M1 chip, a 27-inc Mac, a new MacBook Pro, updates on AR and VR technology and even hints about the Apple Car would certainly be highlights. Any of these potential developments, even if unlikely to happen, could give an extra impulse for Apple shares in the short- and mid-terms.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":114907682,"gmtCreate":1623040371646,"gmtModify":1704194846058,"author":{"id":"3574730598400983","authorId":"3574730598400983","name":"Gooooooooood","avatar":"https://static.tigerbbs.com/15d0691a3e26606a6dfdf2a21318e30c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy 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lol"},{"id":4674864,"gmtCreate":1623370663103,"gmtModify":1663228410040,"authorId":3584863771682470,"author":{"id":3584863771682470,"authorId":3584863771682470,"name":"Mml","avatar":"https://static.tigerbbs.com/f24c9f80edf3964f1c5ee7b551e05463","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":114060523,"type":1,"supId":0,"prevId":0,"content":"Are you sure?","text":"Are you sure?","html":"Are you sure?"},{"id":4675033,"gmtCreate":1623371068902,"gmtModify":1663228408449,"authorId":3584490239949882,"author":{"id":3584490239949882,"authorId":3584490239949882,"name":"Phyusin","avatar":"https://static.tigerbbs.com/73d7e61a3a910d1d25acb7dcee29f7ca","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":114060523,"type":1,"supId":4674864,"prevId":0,"content":"Not sure","text":"Not sure","html":"Not sure"}],"langContent":"EN"},{"id":114099468,"gmtCreate":1623033918854,"gmtModify":1704194711029,"author":{"id":"3582098623642517","authorId":"3582098623642517","name":"小虎一飞冲天","avatar":"https://static.tigerbbs.com/1a55a61195830e019abf5d3cc69681b9","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114099468","repostId":1158897173,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":115266451,"gmtCreate":1623012945873,"gmtModify":1704194233292,"author":{"id":"3579590433924918","authorId":"3579590433924918","name":"The_scalper","avatar":"https://static.tigerbbs.com/b3fede485fa71d42dc4ea08960ab3e00","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Another wave will come when they announce Apple EV car&nbsp;","listText":"Another wave will 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