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Thursday, January 24, 2013

Takeover Digest - Wall Street Journal - Jan 24, (NASDAQ: AAPL)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Apple Inc recorded a flat profit despite selling 18 million more iPhones and iPads as it spent heavily to roll out new products to fend off intensifying competition. ()* The U.S. House of Representatives defused one potential debt crisis Wednesday, while a top Republican set the stage for a far broader debate over whether it is possible to actually balance the U.S. budget in coming years. ()

Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL traded higher by 1.83% or $9.235/share to $514.00. In the past year, the shares have traded as low as $443.14 and as high as $705.07. On average, 21523100 shares of AAPL exchange hands on a given day and today's volume is recorded at 30767980.