Shares of Apple (AAPL) rose nearly $5 today to close at more than $188 per share. The company is faring very well during an overall weak time for consumer spending, thanks to a strong product lineup, and Wall Street is excited over the prospects for the company’s forthcoming next generation iPhone.This overall bullishness is the polar opposite scenario we saw back in February when I wrote that Apple’s Valuation Looks Attractive Again amidst worries over a consumer-led recession and a[...]
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[Source: The Money Blogs]
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