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Why Apple's New iOS 10 Operating System Is Good For Its Stock

Apple has a problem: people do not "need" to upgrade or buy a new iPhone. That translates into slower sales and as a result, the stock stops going up. The stock has been stuck in a downtrend since hitting a record high $134.54 in May 2015. Investors are looking for a bullish impetus and have yet to find one. The stock has rallied nicely in recent months because investors were hoping that the new iPhone 7 and new iWatch will have enough of a wow factor to motivate people to buy new devices.
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