Apple's Rise is Competitors' Envy: And, Friday's Chart of the Day

TheStreet 1:04 mins

It has been a steady rise for Apple stock over the last 12 months; shares are up more than 50 percent as Tim Cook's juggernaut looks to re-establish its own identity in the absence of Steve Jobs. As encroaching competitors, like Amazon, launching its new smartphone earlier this week, look to take Apple's turf, the company is revamping its flagship product, possibly readying an iPhone 6 launch that includes a bigger, curved screen, among other enhancements. And, that's not all: Apple is readying a smartwatch for launch later this year, according to multiple reports -- it all adds up to the Cupertino titan being Friday's Chart of the Day. ¿

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