Sep 5 2012, 7:12am CDT | by Luigi Lugmayr
Yesterday Apple confirmed what was rumored already a very long time. The iPhone 5 Event will take place on Wednesday September 12. Apple will unveil the iPhone 5 in the Yerba Buena Center for the Arts in San Francisco at 10 am PDT. The event confirmation sent the Apple Stock yesterday over the $670 mark. In pre-market trading the Apple stock stands at $675 today. I think we will see the Apple share value go over the $700 mark on September 12.
If everything that is rumored so far about the iPhone 5 will be confirmed, then the Apple stock will reach that goal. In case Apple has some sort of cool surprise it might even go higher. Some analyst predict since a while that the Apple stock could reach $1,000 by year end or early next year.
Disclaimer: I own Apple Stock.
About the iPhone 5:
Rumored features of the new iPhone 5 include a larger screen, A6 CPU, iOS 6, small dock connector, 4G LTE and NFC. The overall design would not change dramatically. The backside material is not glass anymore as Apple introduces a unibody design. The rumors also say that the iPhone 5 is very thin.
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Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at email@example.com.
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