Who says Apple does not want to be in the Dow Jones industrial average? The iPhone maker’s market value has stood high above most U.S. corporations’ for a few years, yet Apple still isn’t a component of that blue-chip stock benchmark. That is because the Dow weighs its 30 components by price, so a $500 stock would overwhelm the index. A seven-for-one stock split that will chop the price to about $75 changes the picture.
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