AAPL Financial News Weekly Roundup: iPhone 6, Apple Watch Announced
Submitted by Jon Reed on
After the official unveiling of the iPhone 6 and Apple Watch, Apple's share price (NASDAQ: AAPL) fell slightly, closing at $97.99 on Tuesday, after a day of heavy trading. This is no surprise, as the company's stock follows a trend of dropping off after iPhones are announced. As was also expected, share prices gained value for the rest of the week, closing at $101.66 on Friday.

Along with the iPhone 6 announcement, Apple announced the new Apple Pay service, which will work with the NFC chip, present in both the new iPhone and Apple Watch. The technology will allow customers to pay for goods at brick-and-mortar stores by simply waving their phones in front of an NFC chip reader. Apple