On Tuesday, Apple may have impressed those in attendance with its ultra-thin new iPad Air, the second generation iPad mini with Retina display, a MacBook Pro upgrade, free Mavericks upgrade for Mac users, and other software upgrades.
But Wall Street’s reaction wasn’t overly favorable.
In fact, shares of AAPL moved lower after the Apple media event.
“Apple was last trading down nearly 2% to $512.80, after a brief rally when the new tablet was introduced,” MarketWatch reported at one point yesterday. “The stock had been in the red leading up to the event.”
Some traders and investors were quick to point out that Apple’s omission of Touch ID on the new iPad Air was a big blow, as this added-feature would have likely accelerated iPad adoption in the thriving enterprise sector, which is seeking more secure technology for the workplace.