Just One Bad Apple

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The latest buzz about the iPad 3 (or a potential dividend) has lifted Apple shares 24.1% year-to-date at today’s close of $502.60. But, since releasing the very first iPod to the public on November 10, 2001, Apple has fallen into a fairly repeatable and predictable product announcement and update cycle that has often resulted in a “buy the rumor, sell the news” trading cycle.

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