Will Danoff continues to trim Fidelity Contrafund's exposure to Apple (AAPL). The latest report...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Will Danoff continues to trim Fidelity Contrafund's exposure to Apple (AAPL). The latest report shows 7.7% of AUM in Apple on Dec. 31 vs more than 10% at the end of 2012 Q1. Still, a 7.7% stake is nearly double the 3.54% weighting Apple has in the S&P 500.