Binary options trading: Speculate on Apple stock with binary options
Thanks to binary options, you can trade on a variety of underlying assets such as stocks. One company that is particularly interesting to trade, thanks to its’ rich and varied past, is a famous company known as Apple.
History of Apple: Apple Inc. is an American multinational company specializing in electronic products for the general public, such as computers and software. Apple Inc. was founded by Steve Jobs and Steve Wozniak on April 1, 1976 and is well known for its’ products such as the iPod, iPhone and iPad. It is important to know that this multinational is the most significant stock market capital in the world. In 2011, it had an annual turnover of $108.25 billion.
Trading Apple with binary options: Apple’s exorbitant 600 Euro stock price doesn’t entice those with small budgets to by Apple stock. However with binary options, you are able to use small sums to trade on stock price movement.
How to anticipate Apple stock movement: In order to anticipate Apple stock prices, it is important to focus on events that impact the business reality. The following two examples illustrate volatility that this stock can take: In the past, the price evolved in relation to founder Steve Jobs’ state of health. In January 2011, when his absence due to health reasons was announced, the stock dropped 2.25%. New products launches equally impact Apple’s stock price. When the iPhone was released in 2007, the stock jumped by $200.
These examples illustrate the necessity to follow this multinational company’s daily news, because innovations impact its’ stock price. Additionally, Steve Jobs prepared for his succession by creating a list of innovations to come over the next 10 years, so there’s no end yet in sight to Apple’s stock fluctuations.