Be one unique thing, after Apple introduced its new iPhone 5C and 5S, their stock actually dropped.
Previous rumors said that Apple's new smartphone product will bring a myriad of new innovations. However, when after being introduced to the public on Tuesday (10/09) ago, many were disappointed that the lack of what is called the innovation and the high cost of the new device.
Quoted from BBC (12/09), the disappointment continued at decreasing the Cupertino company's stock price. Apple shares closed at USD 467.7 on Wednesday (11/09), down by 5.4 percent.
"Investors were disappointed when Apple prices are not low enough to attract a new market," said Mark Luschini, chief investment strategist at Janney Montgomery Scott.
Previously, Apple was highlighted all out after the release of the iPhone 5 to market. Many consider Apple has lost a sense of innovation after widowed maestro, Steve Jobs, a few years ago.
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