Can Apple maintain its shine for investors?
Associated Press : New York, Wed Jan 23 2013, 14:39 hrs
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It was only in early 2012 that its market capitalization decisively outgrew that of Exxon Mobil Corp., previously the world's most valuable company.
A smaller correction last year, also prompted by speculation about the future of the iPhone, took the stock down 16 percent before it rebounded.
"We believe investors that can look through this noise will be rewarded in 2013,'' said Brian White at Topeka Capital Markets. "The negative sentiment around the stock has reached epic levels that we haven't seen in recent memory and yet we believe the product portfolio has never been stronger.''
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