What investors need to know about Apple
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But the most important of these announcements will be the direction Apple takes with the iPhone 5C, its cheaper phone for overseas markets. Meier thinks that this is the product Apple really needs to hit a home run if it wants to keep dominating the smartphone market.
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New study finds members of this global elite are stashing an average $600 million each in cash -- 10 times more than a year ago.
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