Pervasip Corp (PVSP)

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Apple fails to impress investors at its annual Developers Conference, capping a lackluster day on Wall Street.

Stocks on Wall Street hovered around the break-even line for much of the trading session, and finished mixed.

The Dow Industrials (^DJI) dropped 9 points, and the S&P 500 (^GSPC) was just slightly lower. But the Nasdaq (COMPX) added 4 points.

Many eyes on Wall Street were turned toward California, where Apple (AAPL) held its Worldwide Developers Conference. CEO Tim Cook announced a new operating system for Mac computers, codenamed Mavericks, along with an update to Apple's iOS, which runs on iPhones and iPads. But the big news out of the conference may be iTunes Radio, a streaming music service built into the new operating system. Investors seem disappointed by the announcements, sending Apple shares down a little more than half a percent. One of the big competitors for iTunes Radio, Pandora Media (P), jumped more than 2 percent.