Cash in on the 3G iPhone buzz

apple sharesIf you’re looking to make a few bucks on Apple in advance of the new iPhone announcement next Monday, you’re already too late!

Fortune writes today about a chart published by Piper Jaffray’s Gene Munster that shows how Apple’s stock performed in the past just before and just after Apple milestone events.

On average, Apple shares

  • fell 0.7% the day of the event
  • rose 0.4% from the day before to the week after the event
  • rose 4.2% from one week before to one week after

In other words, if you wanted to play the odds around next week’s Apple Worldwide Developers Conference, you should have bought Apple 2 days ago. Well, at least now you know for next event, hehe.