Apple is going to take the stage on June 10 at its Worldwide Developers Conference to announce a new version of iOS, the operating system that powers the iPhone and iPad.
This will be the first time we see an Apple event focused entirely on products since October. That's 230 days between product events, the longest gap in Apple's recent history.
The tech industry moves very quickly, and nothing proves that more than taking a look at how much has changed since Apple's last big product announcement.
On October 23, 2012, Apple revealed the iPad Mini. The stock was trading at ~$613.
Today, the stock is at ~$444, and it's been trapped between $390 and $460 since February.
Why did the stock tank? Because the world realized that Apple's growth is slowing. And people started cutting their EPS estimates.
See the rest of the story at Business Insider