Tuesday, April 2, 2013

Will the iWatch help AAPL shine again?

Less than expected sales of the iPhone 5 may be part of the reason Apple (AAPL) is losing momentum in the stock market. It also lost confidence within the New York based investment firm Goldman Sachs as they removed the stock from their Conviction List, also citing small new user growth. Plans at Apple to regain that momentum include offering a lower-price iPhone model and the release of their rumored iWatch product.