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Title: The iPhone’s Success Could Put Apple Profits at Risk… But Apple’s Stock Is Still Worth Up To $540 A Share Post by: HCK on August 07, 2011, 07:00:05 am The iPhone’s Success Could Put Apple Profits at Risk… But Apple’s Stock Is Still Worth Up To $540 A Share
The downside of the iPhone’s gargantuan success as a money maker for Apple is that it can also have an “outsized impact” on Apple profits. The iPhone contributes 49.2 percent of Apple stock value, one analyst warns. Wall Street also said the iPad has replaced the iPod as the tech giant’s halo product, buoying sales [...] http://feedproxy.google.com/~r/cultofmac/bFow/~3/SiJHHQTzqzA/107752 |