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Apple shares to be fueled by new iPhone with bigger screen

Published on Mar 23, 2014 11:31 PM
 
The Apple logo is pictured at its flagship retail store in San Francisco, California January 27, 2014. Apple Inc shares could rise by 20 per cent over the next year, fueled by sales of a new version of its iPhone smartphone that is expected to have a bigger screen, says article in the March 24 edition of Barron's. -- FILE PHOTO: REUTERS

NEW YORK (REUTERS) - Apple Inc shares could rise by 20 per cent over the next year, fueled by sales of a new version of its iPhone smartphone that is expected to have a bigger screen, says article in the March 24 edition of Barron's.

The iPhone 6, expected in late summer or fall, 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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