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Investors Less Pessimistic About Apple's Growth Potential

Apple released quarterly earnings on Tuesday that beat Wall Street's bearish expectations. Investors have done a pessimistic about-face on Apple since the company's stock price topped $700 in September. Apple's earnings were lower than a year ago for the first time in a decade. But Apple did offer investors some goodies — it increase its dividend and added $50 billion to a stock buyback program.