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iPhone Rings High Note for Apple

Smartphone may surpass hype, drive stock up to $160

By Dustin Lushing,  Newser Staff

Posted Jun 7, 2007 4:32 PM CDT

(Newser) – With buzz over Apple's new iPhone vibrating on high, investors are betting that Apple's stock—which has doubled in the past year to $122 per share—will climb to upwards of $160. The iPhone hits stores June 29, and is set to achieve Apple's once...   Read full story »

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