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Oct 25, 2014 Jeff Mueller

When iPhones Ring, the Economy Listens - NYTimes.com

Apple accounts for about 3.5 percent of the weighting of the Standard & Poor’s 500-stock index. And, through Thursday, because its stock has performed magnificently while the overall market has not, Apple accounted for 18 percent of the entire rise of the S.&P. 500 index this year, according to calculations by Paul Hickey, co-founder of the Bespoke Investment Group.

That’s just incredible.

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