Apple have almost made its decision concerning Russian distributors. Most likely, Merlion will become the official distributor of Apple products. It is reported to have obtained the right to be a wholesaler in the Russian market.
At this point, the CEO of Merlion has abstained from any comments. However, he is sure that his company has all chances to become an honored distributor of Apple.
The sales of iPhone 5C and 5S start on September 20th. The pre-order stats show that yellow iPhones 5C are especially popular in the USA.
Still, the company’s stock is still showing weakness. It is currently down by 3%. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of AAPL:
