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NED DAVIS RESEARCH
> AAPL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2011 | Apple Inc. | AAPL | 4,232 | -1,712 | 1,420,660 | -650,650 | $335.69 |
| 03/31/2011 | Apple Inc. | AAPL | 5,944 | -2,756 | 2,071,310 | -734,960 | $348.47 |
| 12/31/2010 | Apple Inc. | AAPL | 8,700 | 0 | 2,806,270 | 337,640 | $322.56 |
| 09/30/2010 | Apple Inc. | AAPL | 8,700 | -600 | 2,468,630 | 129,400 | $283.75 |
| 06/30/2010 | Apple Inc. | AAPL | 9,300 | 1,100 | 2,339,230 | 412,800 | $251.53 |
| 03/31/2010 | Apple Inc. | AAPL | 8,200 | -7,400 | 1,926,430 | -1,362,990 | $234.93 |
| 12/31/2009 | Apple Inc. | AAPL | 15,600 | -400 | 3,289,420 | 323,500 | $210.86 |
| 09/30/2009 | Apple Inc. | AAPL | 16,000 | 3,700 | 2,965,920 | 1,214,030 | $185.37 |
| 06/30/2009 | Apple Inc. | AAPL | 12,300 | 12,075 | 1,751,890 | 1,728,240 | $142.43 |
| 03/31/2009 | Apple Inc. | AAPL | 225 | 0 | 23,650 | 4,450 | $105.11 |
| 12/31/2008 | Apple Inc. | AAPL | 225 | -1,875 | 19,200 | -219,490 | $85.33 |
| 09/30/2008 | Apple Inc. | AAPL | 2,100 | 2,100 | 238,690 | 238,690 | $113.66 |
| 06/30/2008 | Apple Inc. | AAPL | 8,600 | -1,800 | 1,439,980 | -52,420 | $167.44 |
| 03/31/2008 | Apple Inc. | AAPL | 10,400 | 240 | 1,492,400 | -520,090 | $143.50 |
| 12/31/2007 | Apple Inc. | AAPL | 10,160 | 10,160 | 2,012,490 | 2,012,490 | $198.08 |
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