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Give us a hint Apple

As Apple sends out its invites to September’s keynote, IG analyst Chris Beauchamp looks at its share price. 

CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.

He thinks the recent death cross was more connected to broader market turmoil than Apple. He is targeting $120, the level before the recent sell off.

The event on September 9 will provide ‘an update on Siri’ with many expecting an iPhone 6s and potentially a new version of the Apple TV set-top box. 

If you ask Siri for a hint, these are some of her replies: 'you’ll have to wait until 9 September. I bet you were one of those kids who snuck downstairs to open presents early, weren’t you?’, 'the only hint I can give you is a hint of lime’, ‘You’re cute when you’re desperate for information.'

The fact that it is being held at San Francisco’s Bill Graham Civic Auditorium which has a 7,000 seating capacity has many thinking there could be other announcements.

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CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.