Reserved for the iPhone's 20th anniversary in one year, Apple Inc.'s (NASDAQ: AAPL) all-glass redesign was meant to be a showstopper. So when reports surfaced this week that the model had been potentially scrapped, investors would have been forgiven for getting a little nervous, especially with a fresh analyst downgrade landing on the back of it.
At first glance, it feels like the market didn’t quite know what to make of it all. Apple shares were down only slightly on the news, and are still trading around $305, where they have been treading water since gapping lower after last month's earnings report.
