Today: Apple shows off refreshed mobile and desktop operating systems and other nuggets that will form the base of its future offerings. Also: Google falls as Samsung takes another step away from Android.
The Lead: Apple plans for future with plans for new software offerings
Apple's annual keynote address at the Worldwide Developers Conference on Monday introduced a host of new software features that will help shape the Cupertino company's offerings for years to come, though consumers won't immediately feel the effects.
In a two-hour address to thousands of developers and journalists, CEO Tim Cook and software exec Craig Federighi unveiled upcoming versions of Apple's mobile and desktop operating systems with features that create a unified experience, along with a new programming language and the backbone of systems aimed at the "quantified self" and "smart home" sectors.
The newest versions of Apple's iOS and OS X operating systems will provide "a seamless experience for our users that is unparalleled in the industry," Cook said in wrapping up Monday's program. "This is something only Apple can do."
Apple unveiled OS X Yosemite, named after California's most prominent national park, which will receive a host of new features aimed at smoothing the transition between the Mac and mobile operating systems that Technalysis Research founder and chief analyst Bob O'Donnell called "by far the coolest thing here."
Dubbed "Continuity," the changes will allow consumers who own both Macs and iOS devices to more easily switch back and forth between them, with phone calls and SMS messages available on Macs while email drafts and documents started on a desktop computer will be instantly available on mobile devices.
Continuity's promise of allowing consumers to seamlessly switch back and forth between different devices is something that "people have been looking for for a long time," O'Donnell said.
The feature "was just mind blowing," said John Astill, an enterprise software architect with SAP who predicted Continuity would help boost Mac sales.
The updated mobile operating system, iOS 8, will allow developers to offer new features thanks to a change from Apple that lets apps interact and become extensions of iOS 8. The change, for instance, will allow third-party keyboard apps that are popular in Android and other mobile operating systems.
The refreshed iOS will also be paired with new platforms in market sectors that are expected to be big growth engines in the coming years. HealthKit will allow developers and Apple to offer central apps that record and analyze users' vital signs, while HomeKit connects with Internet-enabled home appliances.
Apple didn't announce any wearable devices that could automatically sense and record a user's vital signs in HealthKit, and consumers won't get to use HomeKit to turn off lights or preheat the oven for a while, but Apple provided a glimpse of how customers will be using their devices in the future, according to one analyst.
"It's all about building a foundation for what's to come," said Carolina Milanesi, chief of research at Kantar Worldpanel, a market research firm. "It's absolutely crucial for the future success of Apple."
Developer versions of the new operating systems debuted Monday, with full release set for the fall.
In the biggest announcement of the day for the software engineers for whom Apple throws its annual conference, Apple also showed off a new programming language, replacing the Objective-C language that has been at the core of Apple offerings for two decades. Software engineers were overjoyed at the announcement of the new language, dubbed "Swift," that Federighi said would provide "a level of dynamism and interactivity in development we've never seen before."
"From a developer standpoint, Swift is huge," said Tim Bajarin, principal analyst at tech consulting firm Creative Strategies. Bajarin noted that the new language could allow developers to write about a third less code than was required in Objective-C.
As for the rest of Monday's announcements, Bajarin was optimistic but forced to wait for the eventual results with other Apple fans.
"I was pleased that I saw so many things that ... I could see myself using in the future," he said.
Apple stock fell 0.7 percent to $628.65 Monday, continuing an established pattern of strong gains ahead of WWDC followed by losses on the day of and after the annual event. Apple stock had reached fresh 52-week highs in five straight trading sessions before Monday, improving by 7.2 percent overall in the month of May.
SV150 market report: Tech stocks fall as Samsung moves away from Android
Stocks struggled to find solid footing Monday after an important economic report on the manufacturing sector had to be immediately revised, with most indexes eventually recording small gains despite declines from Silicon Valley tech companies.
As Apple was showing off its mobile operating system of the future, Google was suffering on Wall Street, declining 1.3 percent to $564.34. The maker of Android learned that the world's largest smartphone manufacturer and biggest Apple rival, Samsung, is ready to start mass producing phones with its own operating system instead of Android -- Samsung said it would begin selling the Galaxy Z with its proprietary Tizen OS next quarter. Google also faced a service disruption in China a day ahead of the 25th anniversary of the Tiananmen Square crackdown while reportedly working hard on a plan to use satellites to beam Internet service to earth.
Twitter headed back down after last week's big rebound, losing 2.1 percent to $31.75 despite a growing number of bets on a further recovery for the San Francisco company's stock. Intel dropped 0.2 percent to $27.26 while dealing with fresh tragedy, as the Santa Clara chipmaker learned one of its own was among the group of hikers that died on Mount Rainier last weekend. Netflix gained 1 percent to $22.06 after Oppenheimer analyst Jason Helfstein raised his price target on the stock from $435 to $500 on hopes for international popularity. Hewlett-Packard fell 0.2 percent to $33.43 while showing off new devices based on Android, including a laptop and two Chromebooks.
Up: Applied Materials, NetApp, Netflix, Cisco, Yahoo, SanDisk, Gilead, VMware, Splunk, Intuit, Juniper, Adobe
Down: Workday, LinkedIn, SolarCity, Yelp, Twitter, SunPower, Zynga, Electronic Arts, Tesla, Google
The SV150 index of Silicon Valley's largest tech companies: Down 5.68, or 0.39 percent, to 1,450.53
The tech-heavy Nasdaq composite index: Down 5.42, or 0.13 percent, to 4,237.2
The blue chip Dow Jones industrial average: Up 26.46, or 0.16 percent, to 16,743.63
And the widely watched Standard & Poor's 500 index: Up 1.4, or 0.07 percent, to 1,924.97