×

The Word On Apple's Developer Conference

graphic_word_ofthe_street.jpg

APPLE DISAPPOINTS:

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.

Symbol
Price
 
Change
%Change
VOW3
---

Got something to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to fastmoney@cnbc.com.

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
GE Is The Parent Company Of CNBC; CNBC Is A Service Of NBC Universal And Dow Jones