Wall Street

Apple Soars: Still A Force To Be Reckoned With

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For the better half of the last year Wall Street has been abuzz about Apple losing its luster. It seems like an eternity ago when Apple’s stock price was hovering around the $700 mark. A slow first 8 months of 2013 product wise caused the stock to briefly slip under the $400 mark. Then, to the delight of Apple shareholders everywhere, came news of billionaire investor Carl Icahn and his reported 1 billion dollar stake in Apple. The long elusive $500 mark was hit today, before closing just shy of it. Here are 3 reasons why all the doom and gloom around Apple’s long term viability is terribly shortsighted: Read the rest of this entry »

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