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Apple Rides High Amid Mixed Holiday Shopping Market |
Slumping consumer confidence is squeezing apparel chains and department stores this holiday season, but people are still buying computers, iPods and other electronics, benefiting tech companies from Apple to Seagate Technology. Retailers reported mixed November sales Thursday as shoppers watched their wallets amid the ongoing economic slowdown and a tightening credit market. However, sales of personal computers, especially laptops, as well as Apple's iPod music players, are going strong, analysts say.
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