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Apple, not Dell, best bet for investors looking at PC makers

Despite Dell CEO Michael Dell forecasting the demise of Apple back in 2001, some say Apple–not Dell–is now the best bet for investors interested in backing a computer maker. “Long an ugly duckling for investors, the Cupertino, Calif., company has been the soaring swan of the market for the past year. Its stock is up 176 per cent in the past 12 months (it closed yesterday at $70.10), compared with 13 per cent for Dell. Apple already rivals Round Rock, Tex.-based Dell in manufacturing efficiency, and is poised to beat it on profit margins, earnings and revenue growth. On new product innovation, analysts say, Apple is unrivalled.”

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