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# Apple iPhone Event Sends Stock Downward
- URL: https://www.hypebot.com/apple-iphone-event-sends-stock-downward/
- Published: 2013-09-11T09:13:14.000Z
- Updated: 2013-09-11T09:13:14.000Z
- Description: 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. Continue reading [https://www.hypebot.com/hypebot/2013/09/apple-iphone-event-sends-stock-downward.html]
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Apple, Apple Worldwide Developers Conference, IOS, IPhone, iTune Radio, iTunes, Tim Cook, Wednesday, #wp, #wp-post, #Import 2026-01-21 10:43

[![image from wp.streetwise.co](http://hypebot.typepad.com/.a/6a00d83451b36c69e2019aff5265f0970d-115wi "image from wp.streetwise.co")](http://hypebot.typepad.com/.a/6a00d83451b36c69e2019aff5265f0970d-popup?ref=hypebot.com)

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.