This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple CEO Steve Jobs to Keynote WWDC

CUPERTINO, Calif. ( TheStreet) -- Apple (APPL) has announced that CEO Steve Jobs, currently on his second medical leave of absence, will headline the company's Worldwide Developers' Conference (WWDC) next week, adding a touch of tech glamour to the software-focused event.

In a statement released on Monday before market open, Apple confirmed that Steve Jobs and a team of Apple executives will "kick off" the event at Moscone West in San Francisco with a keynote address on Monday, June 6 at 10 a.m. PST.
Apple CEO Steve Jobs will headline next week's WWDC event.

According to Apple, Jobs and co. will unveil the eighth major release of Mac OS X, dubbed Lion. As widely anticipated, Apple will also take the wraps off iOS 5, the latest version of its mobile operating system, as well as iCloud, its forthcoming cloud services offering.

Apple did not reveal specific details of iCloud, although the service is expected to involve a cloud-based version of iTunes, and, potentially, a streaming media platform for devices running its iOS operating system.

The iconic Apple chief undoubtedly adds star quality to the company's product launches, although the tech giant is unlikely to debut new phone hardware at this year's WWDC, in a break with tradition. WWDC, which is one of the most eagerly anticipated events on the tech calendar, has typically served as the launch pad for the latest, greatest iPhones, such as the iPhone 4.

Investors nonetheless responded positively to news of Jobs' second public appearance since Apple announced his latest medical leave in January. Apple shares rose $5.49, or 1.71%, to reach $342.9 on Monday, outpacing the modest advance in tech stocks that saw the Nasdaq gain 0.79%.

Steve Jobs made a surprise appearance to launch the iPad 2 earlier this year, much to the delight of the gadget maker's fans.

Apple COO Tim Cook has been handling the firm's day-to-day operations in Jobs' absence.

-- Written by James Rogers in New York.

>To follow the writer on Twitter, go to

>To submit a news tip, send an email to:

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $109.50 -1.16%
FB $92.47 0.08%
GOOG $639.16 -0.50%
TSLA $226.72 -2.26%
YHOO $32.37 1.57%


Chart of I:DJI
DOW 17,050.75 +138.46 0.82%
S&P 500 1,995.83 +15.91 0.80%
NASDAQ 4,810.7880 +19.6360 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs