Apple iPhone Event Sends Stock Downward

Apple stock fell yesterday in the wake of a less than exciting press event.  In Wednesday morning pre-market trading, Apple sotck was down $22.95 or 4..64%,  For most tech companies the unveiling of two new phone lines, iTunes Radio and a revamped iOS would make investor's happy.  But Apple is no for radical innovation, and observors have seen only small glimpses of that in the least few product unveilings.