Apple Stock falls 5% after iPhone Event

In California, at the Apple’s event, everyone was excited to see the new iPhone5 but Apple only announced iPhone 4S and iOS5. Apple has not iPhone5 to announce for which the world was waiting. Just after the announcement of  iPhone 4S, Apple’s stock fell by 5%.

Read: Apple announces The iPhone 4S Officially

At that time, market was also down with drops in shares of many companies. This is not the first time with Apple. It has to see the drop in market shares each time it announced some unexpected. Apple’s stock fell 2.5% during Steve Jobs’s introduction of the iPad.

Apple has announced iPhone 4S as next generation iPhone. It comes with so many enhancements and new features.

Read more: iPhone 4S features and specifications

Do you think Apple iPhone 4S is not as good as other iPhone by the company? Share your views about iPhone 4s with us via comments.

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