Is there a pattern between APPL stock prices and the release of a new iphone?

Approximately 70% of Apple's earning comes from iphone.
Therefore the sales figure is very important to apple's stock price.

In the monthly chart, APPL is in an obvious uptrend.
$90 region is one of the key psychological region, being the price area during the share split previously.
Also $90 region is the higher low which defines the uptrend, if it is broken, we could see a new down trend from.

So the main question here, how correlated are the news and the stock.
Out of the 9years of iphone, the charts shows only 2008 and 2012 shows a dip.
And to observe closer, 2008 was a small dip before the start of the bull run.
2012 was the release iphone 4S which had a fall in revenue compared to the previous year.

For the next release, it will be a special iphone(as many speculate) iphone X(10 anniversary).

Conclusion: We might see a higher high formed, with anniversary X and a strong uptrend still in play, we want to remain bullish.

Iphone chart sourced from wikipedia, Direct source : [APPLE press release library]

(https://www.apple.com/newsroom/archive/)

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