Apple iPhone4S disappoints investors, Apple is down by 8.3% since this forecast

Apple Inc.’s first product launch since Steve Jobs stepped down as chief executive was underwhelming and investors who were expecting a new iPhone 5 reacted quickly to the iPhone 4S by sending the company’s shares down about 5%.

The forecast date: September 27
Time horizon of the forecast: 7 trading days from Sep 27
Since this forecast Apple is down by 8.3%.



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