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Apple shares fall as CIBC sees ‘iPhone’ release delayed

“Apple Computer Inc. shares fell [today] after CIBC World Markets analyst Ittal Kidron said he believes the company’s anticipated iPhone product will come out in either the late first quarter or early second quarter of 2007,” Rex Crum reports for MarketWatch.

Apple shares are currently off $2.60, or -2.89%, to stand at $87.23.

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