Stocks
Apple Fans Divided Over New Product: High Expectations vs Skepticism
Apple's (AAPL.US) recent launch event may have already priced in the 'sell the news' effect, but a US consumer sentiment survey reveals that loyal fans are divided. On one hand, 25% of respondents express high expectations for the new product.
On the other hand, a significant 75% remain skeptical about the upcoming release.
If the product doesn't meet expectations, the stock price may drop to around $313-$314. However, if it exceeds expectations, the price could rise with a corresponding reduction in shares.