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Apple’s Latest Hype Train Won’t Be Enough to Save the Stock

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By CCN: Apple wowed conference goers at Monday’s 2019 World Wide Developer’s Conference (WWDC) in San Jose, Calif. Despite the tech giant’s glittering new offerings, however, Apple’s stock faces a tough road ahead. The escalating trade war with China, recession signals from global markets, and a new DOJ antitrust probe are creating enormous downside risks for owners of AAPL shares. Announcements: WWDC 2019 iTunes Cancelled The Cupertino-based computer and smartphone giant confirmed pre-conference rumors that it’s retiring iTunes. To cater to the new ways consumers buy and stream media, Apple is breaking iTunes up into three apps: Apple Music, Apple

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* First published on ccn.com

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