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Apple (NASDAQ:AAPL): Current price $506.91
Apple introduces installment payment plans for buyers of iPhones and MacBook laptops in China as it fights to compete with low-cost devices in the biggest computer and mobile-phone market on Earth. Payments on purchases at prices from about $50 through $5,000 made with Apple’s Chinese website can be spread out over a maximum of two years. The plan requires a credit card from China Merchants Bank Co. and entails fees between zero and 8.5 percent.
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