Apple’s autumn conference ended on the 9th (early morning of the 10th, Taiwan time). Before the conference, Apple’s stock price once soared to US$113.99 on the 9th. However, Apple Inc. did not benefit from the product launch, and its stock price fell instead. 1.92%, not only the

Apple’s autumn conference came to an end on the 9th (early morning of the 10th, Taiwan time). Before the conference, Apple’s stock price once soared to US$113.99 on the 9th. However, Apple Inc. did not benefit from the product launch, and the stock price instead It fell 1.92%, not only setting the biggest drop on the day of Apple’s press conference in three years, but also dragging down the share price of Taiwan’s Apple concept stocks.

9 The sunset Apple press conference is a grand event for the technology industry and investors, but perhaps it is due to too many previous revelations about Apple’s new products, including iPad pro and Apple TV that can be controlled by Siri voice, and Hon Hai employees revealed the rose gold iPhone 6s. This press conference may have disappointed investors who were looking forward to it. On the 9th, Apple's stock price gave up its gains and closed at $110.15, a drop of 1.92%.

According to data from BTIG Research, since 2012, Apple's stock price has fallen by an average of 0.4% on the day of release. On the 9th, Apple's stock price fell by 1.92%, which was also the largest drop on the day of release in three years. Apple's share price turned from red to black, which also led to the decline of the US stock market. The Dow Jones Industrial Average closed at 16,253.57 points, a drop of 1.45%.

Apple’s stock price on the day of the 9th press conference (source: yahoo finance)

The jump in Apple’s stock price has also impacted Taiwan’s Apple stocks. Apple stocks fell across the board today. For example, Largan, which supplies lenses, as of 11:20 Taipei time, Largan Guang fell below the 2,800-point mark, down 2.83%. OEM Hon Hai also fell 1.05%. Other stocks include Yujingguang, which is also an Apple lens supplier, Pegatron, which is rumored to have received iPhone 6S OEM assembly orders, PCB supplier Taijun, and iPhone metal casing supplier Hongzhun. It also remained flat and fluctuated.

(Photo source: Flickr/Pasu Au YeungCC BY 2.0)

Extended reading:

• Apple 2015 autumn launch conference: 12.9-inch iPad Pro, Apple TV with Siri, and the rose gold iPhone 6s series officially debut
• iPhone 6 will be released soon by Apple The stock price is bullish

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