Apple after the bell 6/27/06: new stores, and iPod worker conditions still a spreading story

Posted Jun 27th 2006 5:44PM by Tobias Buckell
Filed under: After the Bell, Rumors, Press Releases, Products and Services, Industry, Competitive Strategy, Apple Inc (AAPL)

Apple ended the day at $57.43, down $1.56, a sudden 2.64% slide. The internet is still trying to figure out whether more information can be found about Apple's working conditions at Foxconn, or whether it is an unfounded attack. Meanwhile, the normally media savvy computer maker's special investigation team signed off on the factor conditions, and Apple has not really responded to the growing coverage in mac-focused blogs and sites.

A new, very minor update to Apple's operating system was released today. The next major version of the system will be previewed at WWDC, a developers conference for Apple, on August 7th. The next version of the OS will come out in late 2006 or early 2007.

Also, a new store seems to be in the pipeline for Cleveland, bringing the brand further into the heartland.

[Disclosure: I own Apple stock at the date of this post]

Tags: apple, apple retail store, AppleRetailStore, cleveland, foxconn, wwdc