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Apple Shares Back In Vogue As Wall Street Bets On Iphone Surge


Ron Burgundy
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The Apple logo is seen on the facade of the new Apple Store in ParisWall Street has regained an appetite for Apple as investors bet that the release of a 10th-anniversary iPhone and pent up customer demand will shore up shrinking sales. The largest component of the S&P 500, Apple remained a core holding of Wall Street throughout a decline in the stock in the first half of last year. Apple's 15-percent rally since mid-November pushed the stock to levels not seen in more than a year and boosted over 100 mutual funds that became shareholders in recent quarters.




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