BLOOMBERG First Up With Angie Lau March 27, 2016
And smaller price tag. Starting out at 399, it is the cheapest new iphone ever. The company appealing to both to customer loyal to the iphone 5 and new buyers in highgrowth markets like china and india. Investors initially were not crazy about the reveal. Shares dipping as the event got underway, but i do want to point out that investors are typically slow to digest apple product announcements. Looking back since steve jobs died in 2011, shares rose 1. 5 after product launches, but retreated 1. 8 three months later. Right after the event, i spoke with gene munster in minneapolis. I started by ...