October 4th/5th iPhone Rumored Release Date In Question
Don’t Get Me Wrong, I Love The iPhone series, and will LOVE the iPhone 5
but I think it’s time that the media (myself included I guess) stopped making this release into such a huge deal. I mean, come on! There have been no less than 1,000 different news sources in that past 3 days with their various speculations as to the release of the iPhone 5. If Apple was smart, they would push back this release for as long as they can control it. In August, the date was set for September sometime, now that we are almost through September people are speculating that the newest iPhone will be announced on September 5th. Get it? iPhone 5 announced on the 5th… that’s the best we can come up with?
I mean, let’s at least get creative? Most other people are projecting September 4th… wow… big leap there. That’s kinda like playing on the safe side, cause now… if you’re wrong, you can say that it was a time zone thing right? Look, I’m not knocking anyone for guessing, but let’s face it. Apple WANTS this hype… Let me show you something.
For those of you that aren’t quite sure what this illustrates, I’ll explain… This is a chart of Apples stock prices for the past FIVE years. Now is when you say “Man, I wish I had a time machine and could be some shared back in late 2006″. Stock prices for Apple have NEVER been higher than they are right now, and that’s during a really hard time for the financial sector. Now, I’ll show you one more that should solidify my point as to why, if I was Apple, I wouldn’t be in too much of a hurry to release this new phone.
#1 – This is right around the time Apple NORMALLY releases their new phones:
- iPhone – Jun 29th, 2007
- iPhone 3G – July 11th, 2008
- iPhone 3Gs – June 19th, 2009
- iPhone 4 – June 24th, 2010
#2 – This is their current stock price after letting the hype build up
Now look, I’m not economist, and I definitely don’t have as many shares in Apple as I would like to, but let’s face it… it’s business! They are making their shareholders SOOOO happy by keeping this information behind closed doors. They know, based on evidence they’ve gathered from ALL of their past releases, that as soon as they announce the phone, show the features, get it on the market and start to sell it… stock prices will take a bit of a hit after the hype is all over. That’s how it goes in the “circle of life”. So Apple Inc. figures, “If stock prices are going to drop a little, might as well get them REALLY high before that happens, so the end results is still an increase”. That makes sense right?
I say hurray Apple! Way to go guys! In February of 2009 you were trading at $ 195/ share and have made your way up to almost $ 420/ share in one of the worst economies we’ve seen…. And this latest jump wasn’t even because you sold a product, it’s because people THINK you might sell a product. Truth of the matter is, no one has really confirmed the iPhone 5 is even in production.
Apple told their foreign suppliers to increase their productivity, and many people took that as a sign that the iPhone 5 is coming out. That and the fact that Apple has had a new phone EVERY year for… ever (it seems like that at least). So as you sit back waiting for the new peak in technology to hit stores, remember that NOW might be the time to buy a couple extra shares in this behemoth while you still can.
And may I say, whether it’s October 4th, 5th, or sometime in 2012, I sure as heck can’t wait to see if it lives up to all the hype. Pressures on Apple!