Investors bullish ahead of Apple iPhone launch


  • TECH
  • Tuesday, 10 Sep 2013

HIGH EXPECTATIONS: Investors are hoping that in addition to the new iPhone unveiling on Tuesday, Apple will announce it has finally penetrated the world's largest wireless carrier China Mobile Ltd, which has over 740 million users. - Reuters

In the past two weeks, Apple investors have bought almost twice the number of call options than puts on three major US option exchanges.

Apple on Tuesday is holding a media event at its headquarters in Cupertino, California, where it is expected to launch an updated iPhone model - widely referred to as the iPhone 5S - as well as a cheaper version of the device dubbed the iPhone 5C.

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