Apple Praised after New Product Reveal

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Apple Praised after New Product Reveal (CNBC)

After revealing new products in its successful iPad tablet line today, Apple Inc. (AAPL) received positive attention from analysts. The new iPad Air and iPad mini with a Retina display, in addition to last month’s iPhone 5s and 5c releases, have shown analysts the innovation they had been hoping for: “For the last 12 months, we’ve seen tremendous negative bias toward Apple, that there’s no innovation, that nothing new is coming out of the stream here,” Oracle Investment Research’s chief market strategist, Laurence Balter, said. “And the reality is that the 5s is a knockout.”

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