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Apple (NASDAQ:AAPL): Current price $430.24

Apple intends to commence the production of a refreshed iPhone similar in size and shape to its current one in the second quarter, according to knowledgeable sources, setting up a possible summer debut for the next version of its flagship product. Concurrently, the company continues to collaborate with its manufacturing partners in Asia on a less expensive iPhone that could be introduced as early as the second half of 2013.

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