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Wednesday, March 28, 2012

Apple Inc.

Juggernaut: in colloquial English usage is a literal or metaphorical force regarded as mercilessly
destructive and unstoppable.

Well, I don't think "mercilessly destructive" applies but "unstoppable" certainly seems an appropriate way to describe Apple Inc. (AAPL).  Apple's shares opened the year at $411.  I bought them on March 7 for $535. Today $617.62!

With a market cap of $575 Billion Apple is way ahead of No. 2 which is Exxon Mobile (XOM:NY) at $404 Billion. Astounding!
Posted by Stuart Gauld at 6:45 PM

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