Apple's new products won't cheer investors, says analyst
Apple tried to wow the world on Monday with a host of new products and services. But investors aren't likely to get all abuzz, says J.P. Morgan's Mark Moskowitz.
At its WWDC keynote on Monday, Apple served up peeks at iOS 7, iTunes Radio, a new version of Mac OS X, new MacBook Airs, and the next Mac Pro. Many of these updates will certainly appeal to Apple users. But that doesn't necessarily translate into a higher stock price or stronger sales growth.
"We do not expect investors to cheer the latest software and services … Read more