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Friday, April 22, 2011

Tech firms lead stock climb, Apple earnings up, iPhone tracking draws scrutiny

LEADING THE DAY: Tech companies led the way Wednesday as stocks climbed to their highest levels since 2008, The Washington Post reported.Strong reports from tech stalwarts such as Intel, IBM and Apple could be good indicators for the rest of the economy, signaling that other companies are in the position to make investments in equipment and technology.Apple earnings: In an earnings call yesterday, Apple reported $24.67 billion in earnings, up 83 percent over last year. Record-breaking sales for...

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