Here it comes, at last, or so it very much seems !
Speculation of Apple adding full-length movies to its iTunes Music Store have swirled for several months, but rumors have gained momentum yesterday after the company sent invitations to the media, saying "It's showtime" next week. The event will take place in San Francisco on the 12th.
As a consequence, the stock gained close to 5% ysterday tuesday, still climbing up in after hours trading.
At close to 72$ (3 month high), my 75$ target is now just an inch away and will be broken anytime soon. Let's remember that the stock was at 52$ only mid July, at a time when I explained it was severely undervalued and was set for quick growth.