In a previous blog, I mentioned the pre-MacWorld rising trend of Apple Computer stock. I was wondering if there was also a post-MacWorld trend showing a reduction in price since I noticed the huge drop recently in Apple during the last couple months. I found that there is no such trend. I used March 10 as the comparison date since it was a couple months after the conference. Here are the results:
1/11/2002 ..... 10.52 ....... 3/11 ..... 12.53 .....19%
1/10/2003 ....... 7.36 ...... 3/10 ..... 7.18 ..... -2%
1/9/2004 ...... 11.50 ........ 3/10 ..... 13.84 ..... 20%
1/14/2005 ..... 35.10 ..... 3/10 ..... 39.83 ..... 13%
1/13/2006 ..... 85.59 ..... 3/10 ..... 63.19 ..... -26%
As you can see, three up years, two down years = no trend.
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