I think it's very relevant. Low cost iPhone has been rumored for a while. Analysts have been wondering if Apple can innovate beyond what is already out. An iWatch is exactly that, a new product in a new a new a new a new market that has hardly been tapped. Considering the stock only went up once the trademarks came out, I would say that's exactly the reason it went up.
7/2/13 at 9:46pm