FORTUNE notes that despite a three month drop that took $248 billion (26%) off Apple's market cap, the company's shares are still up 28.44% for the year.
Apple issued a press release announcing that they would be live streaming today's 'Back to the Mac' press event; however, the release has since disappeared from their site.
Apple is reportedly in talks with labels about launching an iTunes subscription music service that would let customers have access to unlimited songs for a monthly fee