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Apple stock thriving with iPhone 5 release news

Apple’s stock is going up, up and away in Friday trading as Wall Street got its first glimpse of the demand for the iPhone 5. As of 3 p.m. Eastern, the stock was trading consistent above $690 per share after opening at a record high of $689.97, according to Nasdaq’s Web site. Investors have reason to be encouraged. The Cupertino, Calif. firm has already had to push back the shipping estimates on the phones ...

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