If history is any guide, Apple’s stock is set to drop tomorrow.
Apple analyst Gene Munster included the following table in a report on what happens to Apple’s stock during iPhone launch events. On the day of the announcement, it drops, then the stock often climbs before the iPhone goes on sale. Then, the day of the sale, it drops.
NOW WATCH: Tech Insider videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.