CHART OF THE DAY: Apple's September Stock Bumps

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Apple has another “special event” lined up for September. All signs point towards Apple refreshing its iPod line. Less certain is whether Apple introduces a new Apple TV.

Regardless of whether we get an iTV or not, Piper Jaffray’s Apple analyst, Gene Munster suggests Apple’s stock will rise. In a note (via Philip Elmer-DeWitt) Munster says, “While not an indication of future performance, shares of AAPL have increased, on average, 12% in Sept. over the last five years (excluding 2008 when the market saw widespread declines).”

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