NEW YORK ( TheStreet) -- Apple (AAPL - Get Report) and Microsoft (MSFT - Get Report) have both had recent stellar smartphone moments, with Apple releasing an iPhone OS 4 update last week and Microsoft unveiling its two Kin phones yesterday. (The Kin One is pictured below.)Yet many investors consider these stocks less than choice buys. Apple, which is trading at about $242.29, is expensive, and Microsoft's stock, which barely moved yesterday after the company's showy launch of two new youth-oriented phones, hasn't been very dynamic, gaining less than 1% in the last three months.
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