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Street Answers iPhone
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Analysts and investors alike applauded the long-rumored arrival of the Apple (AAPL Quote) iPhone at Tuesday's Macworld in San Francisco, where CEO Steve Jobs showed off his company's continued knack for user-friendly design and forward-thinking products.
The newest device has been a boon for the stock. Apple shares soared to close higher than 8% over the previous day, and were nearing the $100 mark Wednesday after posting a new 52-week high of $97.80.
The stock was recently trading at $96.24 in more than double the usual volume. ...
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