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Yesterday afternoon (Tuesday), Money Morning Defense & Tech Specialist Michael A. Robinson appeared on FOX Business' "Varney & Co." to talk Apple stock (Nasdaq: AAPL) and the latest Microsoft (Nasdaq: MSFT) news.
Suppliers in China are set to start producing iPhones with bigger screens in July. In 2011 and prior, all iPhones had a 3.5-inch screen. Then, Apple launched the iPhone 5 and 5s, which sported 4-inch displays. But the newest offerings are reported to have 4.7-inch and 5.5-inch screens.
That's important for AAPL stock because 40% of smartphones sold in China recently had 5-inch displays or larger.
Watch the video to see how the larger iPhone display offering will affect Apple stock – plus get this new Microsoft stock news that's turned investors sour:
In 2013, the software industry hit $407.3 billion in sales, growing nearly 5%, in spite of a long-term decline in PC sales - thanks to robust sales of commercial software. Investing in software is a no-brainer, but choosing the best firms to profit from the boom is not. That's why Robinson highlighted for readers a way to profit from the stability of software mega-cap leaders in addition to the growth of smaller, forward-looking firms...