Toni Sacconaghi, senior research analyst at Bernstein, was on CNBC to discuss what investors will make of the announcements coming out of Apple Inc's (NASDAQ: AAPL) annual worldwide developer conference that started on Monday and will continue till Friday. Shares of Apple are up around 0.5% today in afternoon trading.
Bernstein's Sacconaghi: Apple's developers conference is for developers, not investors