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For those of you who like round numbers, Apple (AAPL) shares broke the $200-a-share barrier yesterday. Eighteen months ago, in July 2006, they closed at $50.67. Which I think works out to an annualized growth rate of about 250%. Nice.
Felix Salmon arrived in the United States in 1997 from England, where he worked at Euromoney magazine. He also wrote daily commentary on Latin American markets for the former news service Bridge News, freelanced for a variety of publications, helped set up the New York bureau of a financial... More