After Steve Jobs has launched the much-awaited 3G iPhone, many got interested in watching the stock of his company that was named after the sinful fruit.

iPhone 3G

Steve Jobs announced that the latest innovated model of the iPhone will run on data networks that have a faster speed compared to the previous iPhone model. Aside from being twice as fast, consumers may also buy the 3G iPhone for only $199, which is half the price compared to the first generation-iPhone. Great deal right?

When all of the developers as well as Apple-watchers were excited during Steve Jobs’ keynote last Monday, the investors actually do not mind at all. During the keynote speech of Steve Jobs, the market share of Apple immediately reached $185. However, as Steve Jobs continue with the speech, the market share gradually




decreases. One day after, the market share increased as much as $186. Unfortunately, it decreased once more when Thursday is almost over, reaching up to $173 per share.

More often than not, the market usually goes wild whenever there is a big announcement coming from the Apple Inc. This usually happens during the months of January, September, or even June. But why does the market do not care less about the latest iPhone? No doubt, many will be rushing to the nearest iPhone distributor by the time the device is already out in the market. Although the latest iPhone already have new features to boast, price to compete, and has an expanded market, the investors are still unimpressed. Probably, they are just waiting until July 11 comes when the share of Apple Inc. reaches $200 or more.

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