Apple Inc. (NASDAQ:AAPL) held its World Wide Developer Conference key note on Monday but the firm's shares barely moved on Tuesday. The new product announced were hoped to move the stock out of its current fugue, but there is something else holding the shares down. China's slow down isn't getting better.
It was clear from the key note that the company is moving a great deal of its focus onto China. Siri is now equipped with Chinese language recognition, Chinese search engine Baidu is integrated into Safari, and sharing has been enabled for Chinese video hosting sites....
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