Short sellers cash in Apple bets as stock declines


By Noel Randewich SAN FRANCISCO (Reuters) – Many short sellers appear to have unwound their bets against Apple this week, and a 6 percent fall in the stock price suggests they made money as investor worries about the company countered a record launch of its newest iPhone. The relentless ascent of Apple Inc's stock since it debuted its first smartphone in 2007 has made it unpopular for most short sellers. …

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