** Apple AAPL.O stock up ~0.2% on Mon after iPhone maker won dismissal of lawsuit accusing it of monopolizing digital storage market
** U.S. District Judge Eumi Lee ruled plaintiffs failed to show AAPL violated antitrust laws, but allowed them to amend and refile complaint
** Lawsuit alleged AAPL coerced customers to use iCloud for core data backup; AAPL denied wrongdoing, citing security reasons for its policies
** AAPL stock down about 3% YTD, roughly in line with Nasdaq .IXIC fall of almost 3%
** Stock is about 7% below its 52-week intraday high of $260.10 reached on December 26
** Recently traded at 31x expected earnings, above 5-year avg forward PE of 27, per LSEG data
(Reporting by Noel Randewich)
((noel.randewich@tr.com;))
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