Apple (AAPL) down on reports of new music service

Apple

shares demurred 0.2% to $128.43. The company will host its annual developer conference where it is expected to introduce a new music-streaming service. A reported on Monday also indicated that the company is seeing strong iPhone sales even as the overall handset industry is weakening. Share volume totaled 14.8 million, compared to an all-day average of 47.1 million