Apple stock falls after announcements
Source: USA Today
Apple's stock was volatile -- and shares ended lower -- as investors decided the news didn't match-up with the sky-high expectations and hype.
Shares of Apple ended down $0.37 to $97.99 -- dragging down the market and the tech-heavy Nasdaq along with it.
Apple stock initially picked up steam as the meeting progressed especially after the announcement of a mobile payment system. But the stock faded again after the company said its new watch would only work with iPhones and wouldn't be available until next year.
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But the fact the Apple Watch won't be available until next year is a bit of a surprise. Apple has long been known to capture on excitement over products by being ready to ship while the hype and anticipation is still there.
"The Apple Watch was more expensive than we had anticipated, will miss the holiday selling season, and must be tethered to an iPhone, which we believe will limit its revenue potential in the near-term," says Bill Kreher, analyst with Edward Jones in a note to clients where he reiterated his "hold" rating on Apple stock.
Read more: http://www.usatoday.com/story/money/markets/2014/09/09/apple-product-unveiled/15334771/
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Love them both but especially the titanium, the slickest body style with thin screen bezel.
I like my 11 inch Air, too!
People now assume they have the vanguard of design... for instance, since the iwatch was secretive, people proposed concepts of what they thought Apple was capable of producing... like this concept:
But instead, they release this?
Me wonders if they just don't have it in their bones anymore.
I think that is the only band I've seen that is cool thus far...
Would love to see a few wrists wearing them to see scale & women vs. men
None in my town.
Probably a good thing!
I think Steve Jobs would probably be asking just one question - why isn't the iWatch round? Squared-off watches that have appeared in the past have often ended up looking dated. Plus, all the graphics used in the iWatch presentation were round, as if they were trying to compete with the square look of the screen. If they ever turn the watch into a round one, I think they'd have a winner.
I just started looking online and found the Moto360 (below), which is already out, and certainly has a certain elegance to it that obviously a square face can't bring to the table. Shocking that it is a round screen that looks so nice, and is already shipping.
At least the iWatch announcement caused me to do more research as I really thought Apple would be bringing a more elegant watch to the table.
How many stock splits since Jobs return in 1993? 
More like a hiccup. Or is that a hicdown? 
Interesting charts shown below to see how the day worked out for Apple's iPhone6 event in Cupertino.
CHART 1: Value was way up after they announced their electronic wallet feature for the iPhone 6.
CHART 2: Things dropped after the iWatch product was announced / thereafter.
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My guess is that announcing a product without shipping the product until some unknown time next year (5+ months away) and the look of the actual watch product must have had some impact on the wild swing. I don't think their stock would have slid from that peak had they proved they had hit another one out of the park with their watch.
