FWIW, China Mobile is denying this, saying it's still in "negotiations" with Apple. But that could be similar to the denials we got from PrimeSense right before Apple confirmed they purchased them. Anyway AAPL was up $11 pre market, now up around $9.
If you do a google search you will find that someone bought 8000 contracts of the Dec 27 weekly 560 calls for $3.90 a couple days before thanksgiving when the stock was at 535. What is that... 800,000 shares!!! This is after the stock traded for several weeks between 520-539. That same option is worth $19 today! I would have to agree that someone found out early. There's no doubt that china mobile is getting the Iphone in December.
Comments
My take on the recent price hike is that is that with the Nasdaq up some 20% yoy aapl could not be in the red. I'm guessing $600-$620 by year end
Disc. I own aapl stock
Disc. I have been wrong before
I agree, $600+ is within reach.
Yes, I own a few AAPL shares.
Yes, I'm often wrong. When I sell APPL it goes up significantly, so I'm not influencing the market one bit.
i think we need to wait until Apple officially confirm this news, although it was already on BBC in the morning.
I think that it may not be fully priced in. Perhaps as much as $15 - $30 still waiting to pop.
Cheap prediction, of course, worth the paper it's written on....