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As Apple’s World Wide Developer’s Conference was kicked off by Apple CEO Steve Job’s keynote presentation, Apple’s stock fell. During and shortly after the keynote address, Apple’s stock price slid over $4 per share. The slide is believed to be caused by the lack of enthusiasm by Mac developers and the ill-received news that iPhone would be able to have 3rd party apps developed for it, but only via Web 2.0 in Safari, iPhone’s web browser. This wasn’t exactly what the developers were looking for and the market vigorously responded.

Part of the slide could also be due to high expectations by traders and market analyst about today’s keynote. The fact is that market analyst like to think that each time Steve Jobs walks on stage, something revolutionary is going to end up announced, unveiled or talked about. However, those who follow technology close expected more than what the keynote offered, a recap of features slated to appear in Leopard, which ships later this year.

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