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Apple CEO Tim Cook delivers the keynote address at the Apple 2012 World Wide Developers Conference (WWDC) at Moscone West on June 11, 2012 in San Francisco, California. Apple unveiled a slew of new hardware and software updates at the company's annual developer conference which runs through June 15.
Apple has long been a Wall Street darling, with shares topping at more more than $700 a piece last year. The stock has been rallying today, but has recently been hovering around $400.
With more is Paddy Hirsch, senior producer of personal finance at Marketplace.