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Apple shares crack $100 barrier

”Want to buy Apple (AAPL) stock?” Matt Krantz reports for USA Today. “You’re better bring a ‘Benjamin.'”

“Shares of the gadget maker Thursday pulled back above the $100-a-share barrier joining 11 other stocks in the Standard & Poor’s 500 to do the same,” Krantz reports. 95 more words

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This Could Kill Apple's Plan to Conquer India

Indian officials have reportedly dealt what could be a fatal blow to Apple’s attempts to sell iPhones in the world’s fastest-growing smartphone market.

Arun Jaitley, India’s finance minister, ratified a decision to apply local sourcing rules to any potential Apple retail locations in the country, according to… 247 more words

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The real reason Apple shares dropped below $100

”Investors are certainly frustrated with Apple as its shares languish below 100,” Michael Yoshikami writes for CNBC. “The price makes no sense given that Apple has $250 billion of cash in the bank, a price to earnings ratio much lower than the market and a massive cash flow generation operation despite slowing phone sales.” 234 more words

Apple

Pacific Crest: iPhone users grew by over 70 million during the iPhone 6 cycle and will drive significant growth in upgrade volume

”We recommend buying Apple,” Pacific Crest Securities’ analysts Andy Hargreaves and Evan Wingren write via Barron’s. “Our $123 price target on Apple (ticker: AAPL ) is based on 6.5 times enterprise value/earnings before interest, taxes, depreciation and amortization (EV/Ebitda), using our forward 12-month Ebitda estimate of $74 billion. 158 more words

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Apple's Warren Buffett boost: Why it may not last

”Warren Buffett’s name makes regular appearances in the pages of Barron’s, but our weekly Tech Trader column tends to be a Buffett-free zone,” Alexander Eule writes for Barron’s. 217 more words

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Donald Trump Owns Apple Stock, Despite Calls for iPhone Boycott

Presumptive Republican presidential nominee Donald Trump has attacked Apple on a number of fronts, going to far as to call for a boycott Apple’s products… 378 more words

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The top 5 stocks of the past 10 years: Apple No. 3

”If you had a time machine – one powerful enough to propel you a decade into the past – would you cheat your way to wealth?,” Rick Munarriz writes for The Motley Fool via USA Today. 166 more words

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