Steve Jobs has unveiled a new iPod every year since 2005 — giving the stock a nice boost
In fact, in a note issued Wednesday, he advises clients to seize this opportunity to stock up on Apple shares: “While not an indication of future performance,” he writes, “shares of AAPL have increased, on average, 12% in Sept. over the last five years (excluding 2008 when the market saw widespread declines)… Similarly, AAPL stock price increases 22% from the beginning of Sept. through the end of Dec.” “While not an indication of future performance,” he writes, “shares of AAPL have increased, on average, 12% in Sept. over the last five years (excluding 2008 when the market saw widespread declines)… Similarly, AAPL stock price increases 22% from the beginning of Sept. through the end of Dec.” Caution: to make those averages work, Munster has left 2008 out of the calculations entirely. See chart below: As for the new products and services that might trigger a rise in share price, Munster’s list is not much different than any rumor site’s: [Follow Philip Elmer-DeWitt on Twitter @philiped]
Piper Jaffray’s Gene Munster freely admits that doesn’t really know what Steve Jobs has up his sleeve for the special event Apple (AAPL) has scheduled for Sept. 1. But that doesn’t stop Munster from speculating — both about what products and services might be unveiled, and what their unveiling might do to the company’s share price.