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  • Wall Street Reaction Mixed on Apple News


    On Tuesday, Apple dazzled those in attendance with a sleek new iPad Air, the second generation iPad mini with Retina display, a MacBook Pro upgrade, free Mavericks upgrade for Mac users, and a host of other software improvements.

    But, once again, Wall Street's reaction to the latest Apple product updates wasn't abundantly positive. It's almost a tradition, in fact, that AAPL sells off in the hours that follow an Apple media event.

    Such was the case today.

    "Apple was last trading down nearly 2% to $512.80, after a brief rally when the new tablet was introduced," MarketWatch reported a short while ago. "The stock had been in the red leading up to the event."

    Although it isn't clear what disappointed so many traders and investors, a few I've connected with are happy to gripe about the lack of Touch ID on Apple's new iPad Air - a feature that would have certainly accelerated iPad adoption in the enterprise sector.

    Source: MarketWatch
    This article was originally published in forum thread: Wall Street Reaction Mixed on Apple News started by Michael Essany View original post
    Comments 1 Comment
    1. jOnGarrett's Avatar
      jOnGarrett -
      Although it isn't clear what disappointed so many traders and investors

      A. more of the same.

      "thinner and lighter" describes every iPad. Users were expecting the finger print scanner--it was withheld intentionally so they can sell you the NEW iPad mini (thinner and lighter again) next year.