Take it to the bank, folks. Apple (NASDAQ:AAPL) is back big time. With its stock having popped an impressive nearly 20% in the past month alone, it's clear that investors are finally taking note of what had become one of the most ludicrous valuations we've seen for some time. The renewed interest certainly makes plenty of sense as we turn the calendar to one of the most exciting times of year for the tech giant. However, the company also recently made waves for something arguably more exciting than any of the moves likely to be seen in this iPhone refresh. In this video, tech and telecom analyst Andrew Tonner breaks down the news and what it means for investors.
Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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