Anticipation may be high leading into Apple's World Wide Developer Conference keynote, but the company's stock has been sliding down all morning. The Mac and iPhone maker's stock dipped in the morning ahead of anticipated announcements about new iPhone models, iPhone Software 3.0 and Mac OS X 10.6.
Apple will likely show off iPhone Software 3.0 and Mac OS X 10.6 (Snow Leopard) features during the keynote presentation, and many are expecting the company to introduce new iPhone models as well.
The World Wide Developers Conference is Apple's annual week-long gathering for Apple-related hardware and software. Now that the company has pulled out of most conferences and expos, analysts have been predicting that Apple will use its WWDC keynote presentation, along with other special media events to introduce new products.
Apple's stock opened on Monday at US$143.90. The company's stock is currently down $2.69 (1.86%) at 141.98.
TMO will be covering Apple's keynote presentation as it happens. The event is scheduled to start at 10AM pacific time at the Moscone Center in San Francisco, California.