Investors obviously expected much more from Apple with the company’s stock falling as much as 5% after the iPhone 4S announcement. To be fair there are some neat services that were also announced, some of which pretty much open new businesses for the Cupertino-based company. However, few words we wanted to hear never came out of Tim Cook’s mouth — you know words like LTE and NFC.
Then again, the market was also down (about 1.5%) during the announcement, so I guess the 5% drop isn’t a complete picture. What’s more, the market reacted similarly when Steve Jobs announced the iPad (Apple’s stock fell 2.5%), only to rebound after the lower-than-expected price of the new tablet was unveiled.
So what do we get from this? Errr… not that much. The market always has wild expectations, especially from companies like Apple. Plus these days the Euro crisis is pulling down the world economy so… I know I wanted a bigger screen… and I can’t emphasize that enough.
[Via: mashable]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do.
In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application.
Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.