More proof that Wall Street is ... well managed.
>>Apple introduces really good new products and the stock price drops?<<
They introduced a copycat product that proves what people have been saying for years: Apple can’t innovate.
Apple didn't announce the iPhone 8, which for Wall Street is all they were looking for. Of course such an announcement would have been highly stupid on Apple's part. Announcing a new iPhone in June for release in September would KILL all iPhone sales for the summer. Look for the iPhone 8 (or what ever they will be calling it) in Mid-August, the traditional time for such an announcement.
For Wall Street, the only thing that counts is iPhone, iPhone, iPhone. . . and then iPhone.