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Apple Will Hold Developer Conference June 2-6

Apple mentioned today that its yearly Worldwide Developers Conference will be held on June 2-6 at San Francisco's Moscone Center. It is expected that they will unveil new versions of their Mac operating systems. As most of us know already, the company will be coming out with a new version of the iPhone this year, a smaller screen and larger screen version to choose from.

It is their belief that due to iPad popularity and customer loyalty, a larger screen iPhone would be considered a substantial upgrade for this year. That, of course, along with new hardware and better cameras would hopefully be able to convert Android users back to the iPhone. Apple shares are down 1% during today's session.