Apple computer's stock price jumped when it announced that its revenue had increased because of the successful launch of iPhone and the increased sales of Macintosh computers.This is an example of
A)market risk.
B)unsystematic risk.
C)systematic risk.
D)common risk.
E)unwanted risk.

Question

Quizplus · Accepted Answer

This is an example of unsystematic risk, which is specific to a single company or industry. In this case, Apple's stock price movement is directly related to the company's performance, such as the successful launch of a new iPhone and increased sales of Macintosh computers, rather than broader market or economic factors.

Apple Computer's Stock Price Jumped When It Announced That Its