Macworld Expo 2009: Wall Street's vote on the Apple keynote -- booooorrrring

By John Cox on Tue, 01/06/09 - 5:44pm.

Wall Street had its own reaction to Apple's Last Macworld Keynote: boring.

Reuters reports that Apple's stock price slid 0.7% from the start to the end of the day, even as the NASDAQ overall gained 1.7%. The stock price had been climbing, from $85.62 to $96.38 over the past week, apparently in anticipation of the company's traditional Macworld Expo opening keynote speech.

Investors, and the people who advise them, apparently thought the announcements -- including a new 17-inch MacBook Pro, and software application suite enhancements -- didn't have much upside, investment-wise.

The Reuters story was excoriated by Mac fan site, MacDailyNews.com. Their reaction to the stock drop: "Ooh, that's a HUGE disappointment, Madway and Lawsky [the Reuters' reporters], you hacks. Why not try reporting the news instead of making it up for a change? Are there any real journalists left?"

You can see details of Apple's stock market position and trends on the Reuters site.