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Wednesday, September 11, 2013

Takeover Digest-New York Times business news - Sept 11, (NASDAQ: AAPL), (NASDAQ: GOOG)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Apple Inc has grown too big for just one iPhone. That is why Apple is releasing two new iPhones this month instead of just one, including a cheaper model aimed at less wealthy countries where new Apple phones have been desired but are out of reach because of their price. ()* In a major legal setback for Google Inc, a federal appeals court here said on Tuesday that a lawsuit accusing the Internet giant of illegal wiretapping could proceed. The ruling, which comes at a moment when online privacy is being hotly debated, has its origins in a much-publicized Google initiative, Street View, which tried to map the inhabited world. ()

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 fell by 2.28% or $-11.53/share to $494.64. In the past year, the shares have traded as low as $385.10 and as high as $705.07. On average, 12133400 shares of AAPL exchange hands on a given day and today's volume is recorded at 26542696.

Google Inc. (Google), is a global technology company focused on improving the ways people connect with information. Shares of GOOG traded higher by 0.07% or $0.616/share to $888.67. In the past year, the shares have traded as low as $636.00 and as high as $928.00. On average, 2011480 shares of GOOG exchange hands on a given day and today's volume is recorded at 1287836.



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