Apple's splashy iPhone launch did little to excite Wall Street.
Shares barely moved after the unveiling of two new iPhones, and have slipped 1.7 percent, to $497.81, since the event concluded.
The Cupertino, Calif., company's stock has rallied in the last two months, with its market value rising by nearly a third since July 1. It, however, is still down considerably from a year ago, when it peaked at above $700. Shares had drifted fractionally lower in the hours preceding the event.
It's little wonder the stock barely reacted to the event -- virtually every … Read more