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Apple Spikes On Report It May Announce New Products As Soon As Next Week

Apple Spikes On Report It May Announce New Products As Soon As Next Week

zerohedge.com / by Tyler Durden / Mar 13, 2017 12:24 PM

AAPL stock briefly spiked in what may have been yet another stop hunt moments ago, following a MacRumors report that Apple is expected to announce new products later this month, most likely between Monday, March 20 and Friday, March 24, citing “reputable” supply chain analysts.

The analysts did not disclose which products it expects Apple to announce, but rumors have suggested at least a trio of new iPad Pro models will be unveiled as early as this month, including a new 10.5-inch model with slimmer bezels and updated 9.7-inch and 12.9-inch versions.

The sources expecting an iPad refresh include, among others, KGI Securities analyst Ming-Chi Kuo, Barclays analyst Blayne Curtis, and Japanese blog Mac Otakara. The latter of the three also expects a new 7.9-inch model that would supplant the iPad mini 4, but others have denied or yet to mention that particular claim.

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