Apple after the bell 08/07/06: WWDC not enough to buoy Apple against stock options scandal

Posted Aug 7th 2006 4:26PM by Tobias Buckell
Filed under: After the Bell, Bad News, Press Releases, Products and Services, Launches, Industry, Competitive Strategy, Apple Inc (AAPL), Marketing and Advertising, iPhone

Today at WWDC Apple announced new pro level desktop machines and updated its server offerings both to use Intel chips with all the power savings and speed boosts that were expected to come with such a transition.

Steve Jobs also previewed the new OS that will come out this spring, called Leopard. 64 bit computing, improvements to iChat, virtual desktops, and an automatic backup or versioning system built into the system called 'Time Machine' were debuted.

What didn't debut? The flurry of predicted items that Apple had never promised, including the iPhone, the touch-screen full-screen iPod, and many others. Apple closed the day down $67.21 a 1.6% percent drop. With pressure from the backdated stock options scandal and the disappointment from the rumormill that had some overexcited about the next iWhatever, one can expect dips in Apple stock here in the next few days.

If you are strong on the company, remember to view the upcoming dips for what they are: buying oppurtunites.

Tags: full screen ipod, FullScreenIpod, iphone, leopard, mac pro, MacPro, stock options scandal, StockOptionsScandal, WWDC