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High Bar Knocks Down Apple Shares
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Apple(AAPL Quote) CEO Steve Jobs bowed to the company's growing base of independent developers by announcing Monday that Apple would allow them to develop applications for its forthcoming iPhone.
That news, however, wasn't enough for investors, who pushed the stock lower on the lack of a "wow" announcement.
Shares of Apple closed Monday at $120.19, off $4.30, or 3.5%. ...
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