apple iphone 5s

The rumor mill has been awash in plenty of outlandish predictions leading up to Apple’s special event today. Sorry to disappoint but Apple didn’t debut their illusory iWatch or flat screen TV’s. However, plenty of industry insiders accurately predicted the tech giant’s product release announcements. The three biggest stories to come out of the special event were:

As a Las Vegas iPhone app developer today’s product lineup announcements were not all that impressive. Android devices are competing on all levels with the iPhone and Apple’s release of a low end model probably won’t do much to help the company stave off a precipitous slide into obscurity. Apple’s pace of innovation has slowed down considerably while Google, Facebook, Samsung and others are nipping at their heels. The tech giant is showing an adversity to risk, holding back innovative product releases and therefore holding back the mobile ecosystem on a whole. Only time will tell whether baby steps will help this lumbering giant outperform the competition.