The only potential overhang for Apple could be rumors of the iPad3 release happening as soon as March 2012.

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Other concerns facing Amazon is its lagging competition with Apple on its iPad, which continues to ratchet up in sales and especially after the launch of the latest iPad3 version that is schedule to come out soon.

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Huge global iPhone opportunity, tablet growth ahead (with the future release of the iPad3), and PC share gains will continue to drive the stock forward. (Read Apple Is A Top-10 Holding In 26% Of Mutual Funds And 16% Of Equity ETFs).

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