Apple clearly failed to impress the markets

It’s a big thing.
It’s a big thing.
Image: AP Photo/Marcio Jose Sanchez
By
We may earn a commission from links on this page.

It seems to have been a sell-the-news event.

In pre-market trading, Apple shares are down by more than 0.5% a day after the Cupertino, California-based tech giant’s hotly awaited product announcements. In fact, Apple shares finished yesterday in the red, too.

Image for article titled Apple clearly failed to impress the markets

Still, Apple investors have nothing to grouse about—the shares are up more than 22% so far in 2014, handily outpacing the S&P 500 Index’s 7.6% gain.

Image for article titled Apple clearly failed to impress the markets