Apple is trading up 8% since last Friday and is realizing the highest share price levels it’s seen in five months. While the company’s Irish tax complications took focus at the end of August, favorable iPhone 7 demand along with the release of Apple Watch Series 2 and other developments disclosed at the company’s event last week have left the matter sidelined as investors look toward the future.
Further tailwinds from Samsung’s Galaxy Note 7 misfortune have also marked a favorably timed gift, as noted by Seeking Alpha. With the recent share move, Apple is now off around 3.5% on the year and up around 14% over the last three months.
