The headline: Shares of Apple (AAPL) Fall After San Francisco Developers Conference
The word: CNBC reporter Mary Thompson joins the guys for this conversation from San Francisco. She says a lot of investors were expecting a big announcement. The big news, she says is no big news.
Jeff Macke adds today Apple explained iPhone programs will be made only via The Safari which is the equivalent of Windows for an Apple computer. He thinks that may have dragged shares lower.
Mary adds that iPhone could have problems once it’s launched on June 29th
Eric Bolling tells investors to look for a dip and buy AAPL because he thinks the iPhone will be a huge success.
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Trader disclosure: On June 11 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:
Najarian Owns (MNKD), (AAPL), (VSE), (ELN), (MYGN), (TXN) Bolling Owns Sugar, (BP); Bolling Is Short S&P And Nasaq Futures; Bolling Has Closed Out Of His Coffee Trade
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