Live Coverage of Apple's iPad 3 Media Event

[Gasu E.]

Does Eddy Cue have a sister Barbie?

 

[chalky40]

Why is it that literally every single time Apple holds a press event, their stock drops like a rock, even before anything is announced? It's 1:13ET and their stock has dropped $3.00 and they've announced nothing. Amazing.

Because people are scared it may be a flop update...

 

[rmwebs]

no bbc iplayer?

Apple dont care about anything other than the US when it comes to the Apple TV. Sad but very true.

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Anyone notice that there was no mention of new hardware for the AppleTV, just software? The existing model can do 1080p (xbmc on it handles it fine) so maybe this is just a software refresh...

 

[Ricanlegend]

wow i cant believe how slow this website has become , apple nation is all here

 

[maflynn]

Why is it that literally every single time Apple holds a press event, their stock drops like a rock, even before anything is announced? It's 1:13ET and their stock has dropped $3.00 and they've announced nothing. Amazing.

Buy on the rumor, sell on the news.

 

[Elise]

Yayyy iPad time!

 

[GFLPraxis]

Why is it that literally every single time Apple holds a press event, their stock drops like a rock, even before anything is announced? It's 1:13ET and their stock has dropped $3.00 and they've announced nothing. Amazing.

Expectations are built in to the market. The stock has risen over the last couple weeks in expectation of an Apple TV and iPad 3, so the announcement of those two products will not raise the stock. If Apple meets expectations/rumors, the stock should remain perfectly still. Usually, it will drop because the rumor crowd overblows it and Apple has a very conservative strategy.

Only way this announcement will raise the stock is a completely unexpected surprise that everyone agrees is extremely positive.

 

[Icaras]

Apple TV orders begin today. Thats all I needed to hear!

 

[CharlieBrandt09]

Lets hope the "available next week and order today" also holds true for iPad.

 

[chalky40]

Apple TV on the 16th... iPad the same time????

 

[yetanotherdave]

So the only new aTV feature is 1080p? Other than that it's identical?

 

[nfl46]

~)~ Seriously? Just 1080P or they left some stuff out about the ATV3?

 

[RalfTheDog]

iPad R for Retina!!!!!!!! ????

 

[Alfuh]

Why is it that literally every single time Apple holds a press event, their stock drops like a rock, even before anything is announced? It's 1:13ET and their stock has dropped $3.00 and they've announced nothing. Amazing.

The stock is trading at roughly $535 a share ... I don't think $3 or about .5% is dropping like a rock.

Likely day traders and hedge funds playing around with the announcement

 

[davie18]

So the only new aTV feature is 1080p? Other than that it's identical?

Well new-look software on it too.

 

[RalfTheDog]

Well new-look software on it too.

Wait until they start taking about the shared features between the iPad and the ATV.

 

[GFLPraxis]

Is it me, or is Tim actually moving pretty fast through this? Makes me wonder if there's more to today's announcements.

 

[RalfTheDog]

Is it me, or is Tim actually moving pretty fast through this? Makes me wonder if there's more to today's announcements.

One more thing...

 

[balamw]

Maybe it's all about B82?

B

 

[yetanotherdave]

Well new-look software on it too.

Only new hardware feature, I presume the software is coming to the 720p aTV.

 

[djrod]

where is the home button??????


Its there!

 

[497902]

The new iPad

 

[chalky40]

What's it called!!??

 

[Aragornii]

So no SIRI for the Apple TV? Bummer.

 

[497902]

Retina Display