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New iPhone will boost Apple stock

By Reuters
Johannesburg, 24 Mar 2014

Apple shares could rise by 20% over the next year, fuelled by sales of a new version of its iPhone smartphone that is expected to have a bigger screen, according to an article in the 24 March edition of Barron's.

The iPhone 6 is certain to have a bigger screen than earlier versions, which could give iPhone users a major reason to upgrade or win back people who switched to other devices, according to the article.

The article notes that Apple shares currently trade at a deep discount to the market.

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