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Technology Stocks : Apple Inc.

AAPL 278.79

-0.7%

Dec 5 9:30 AM EST

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From: Moonray	1/9/2013 3:45:45 PM
	of 213173

RBC Capital Reiterates Outperform on Apple (AAPL) Apple (NASDAQ: AAPL)‘s stock had its “outperform” rating restated by equities researchers at RBC Capital in a report issued on Wednesday. They currently have a $725.00 target price on the stock. Shares of Apple traded down 0.75% during mid-day trading on Wednesday, hitting $521.38. Apple has a 52 week low of $418.66 and a 52 week high of $705.07. The stock’s 50-day moving average is currently $543.4. The company has a market cap of $490.5 billion and a P/E ratio of 11.90. Apple last issued its quarterly earnings data on Thursday, October 25th. The company reported $8.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.75 by $0.08. Apple’s revenue was up 27.2% compared to the same quarter last year. Apple has set its Q1 guidance at ~$11.75 EPS. Analysts expect that Apple will post $48.69 EPS for the current fiscal year. More at: dailypolitical.com o~~~ O

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