Monday, June 6, 2011

Apple WWDC: Neither iCloud Nor Jobs Will Send Stock Skyward

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Apple WWDC Preview: iCloud Steve Jobs Steve Jobs received a standing ovation at Apple's annual Worldwide Developers Conference Monday as Apple unveiled its iCloud hosted computing service. But despite Jobs' anticipated participation at the Apple (AAPL) event, his second this year since taking a medical leave six months ago, investors should not expect a huge upswing in the company's stock, says Brian Marshall, a Gleacher & Co. analyst.

In part, that's because the iCloud service and Jobs' attendance at the conference is...

Apple WWDC: Neither iCloud Nor Jobs Will Send Stock Skyward originally appeared on DailyFinance.com on 2011-06-06T13:00:00Z.

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