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At long last, Dow gets a taste for Apple

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Reuters
Apple Inc, the largest US company by market value, will join the storied Dow Jones industrial average, replacing AT&T Inc, in a change that reflects the dominant position of iPhone maker in the U. economy and society.

The decision to nudge aside AT&T, which has been part of the Dow for the better part of a century, is a recognition of the way in which communications and technology have evolved over the last several decades.

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First Published: Mar 07 2015 | 12:06 AM IST

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