Jun 6 2011
Apple Pre-Announced WWDC Keynote Topics Due to Stock Backlash Fears
That’s the summary of this article on business insider written by Aaron Holesgrove. In the article he discusses the reasoning Apple must be using for the WWDC Keynote, where making sure the markets know there’s not going to be an iPhone announcement at this event and thus avoiding a drop in the stock if shareholders believed Apple was not going to release a phone this year. It would be a dumb move in many circles to ignore the competitive threat LTE is offering and also considering that Verizon Wireless would be expanded to over 200 markets come this fall based on their announcements. Even if AT&T has decided to deploy at a snails pace and milk their GSM which while can be fast, it does not hold up to the benefits of LTE.