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Apple event fails to save the company’s stock from broader market sell-off – TechCrunch

Today’s Apple event, chock-full of the company’s products that will help decide whether the company meets, exceeds or undershoots Wall Street expectations for its…

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Today’s Apple event, chock-full of the company’s products that will help decide whether the company meets, exceeds or undershoots Wall Street expectations for its future growth and performance, had little to no impact on its share price.
By now this is the theme: Apple announces a slew of new products, services, software or peripherals, and its share price does nothing. It’s almost humorous; certainly Apple’s shares can move in the wake of an earnings release, but a new product digest? Not so much.

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