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StefanF

StefanF
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  • Tim Cook responds to criticism of Apple's (AAPL -1.6%) Chinese repair/warranty policy by state-owned media outlets and a government agency by issuing an apology letter that outlines repair policy changes for the iPhone 4 and 4S. Separately, Fidelity Contrafund, Apple's biggest active shareholder, discloses it cut its stake in the company by 10% in January and February, to 10.4M shares. [View news story]
    I believe Apple will surprise us all with their announcement of the just finished quarter very positively. Fair value right now should be in the mid 500's, which I believe we should see before the end of April. Look out for it!
    Apr 1, 2013. 02:17 PM | 5 Likes Like |Link to Comment
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