Apple announced yesterday what they branded as the “best iPhone ever” with powerful features such as A14 Bionic, Ceramic Shield design, pro camera, LiDar Scanner, and the largest 6.7-inch Super Retina XDR screen. These will be the first generation of iPhones running on 5G networks.
The newest high-end iPhone Pro models will go on sale on October 23 (preorder at October 16) for iPhone 12 Pro with a starting price of $999, and iPhone 12 Pro Max will be available in stores on November 13 (preorder at November 6) with a starting price of $1099.
Apple stocks dropped 3.2% yesterday, erasing completely its gain the previous day. Despite this, some analysts remain bullish. Dan Ives of Wedbush stated that Apple and suppliers in Asia expect higher demand for the iPhone 12 Max Pro model with roughly 350 million iPhones eligible for a 2020 upgrade. RBC Capital analyst Robert Muller also said that the new models will start a multiyear replacement cycle. AAPL.US is up by 66% YTD.
Trade Apple Stocks on Your Phone
Profit from significant Apple stock price moves by trading on the SimpleFX mobile app! Here’s how to do it. But first, download the trading app if you haven’t done so.
Log in to your SimpleFX account.
Next, tap the search icon.
Then, type “Apple” on the search bar (1) , and tap the “AAPL.US” symbol (2).
You now see the AAPL.US hourly (1H) chart. Each candlestick represents the price moves per 1 hour.
To do a quick trade, tap on the “Amounts” pad at the center of the buy and sell buttons, and type the number of lots you want to trade.
Swipe SELL to the right if you want to open a sell position. Or swipe the BUY button to the left if you want to open a buy position. In this example, we will swipe to the right to open a sell position.
Finally, tap on the “Confirm” button to confirm your order.
It’s so fast and easy to place an order. To make it even quicker, you can turn OFF the “Trade confirmations” mode so that your trades will go through instantly without having to tap on the Confirmation button.
The trade is now live.
Trading is so easy on SimpleFX. You can trade on gold and over 200 symbols with up to 500x leverage. Profit is limitless. Good luck!