
Spain debt deal will likely give stocks a boost Monday
Apple kicks off its annual conference for software developers on Monday, and more than ever, the consumer electronics juggernaut finds itself in a pitched battle with the online search giant, Google -- in smartphones, cloud computing and the never-ending competition for the hearts and minds of the best software developers.
Apple is expected to announce its own mapping application, challenging the position of Google Maps as one of the most-valued features on the iPhone. It will unveil closer integration of its iPhone apps and iCloud storage service with all its devices, the latest riposte in its battle with Google's Android smartphone software.
Apple shares rose 1.5 percent to close at $580.32 on Friday. For the week, the stock rose 3.5 percent, however for the month, the shares were nearly flat.
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