Lazard Capital Markets‘s Edward Parker today initiated coverage of Apple (AAPL) with a Buy rating and a $540 price target, arguing the Street has its conception of the company all wrong, that it is in fact a “storage” company whose appeal is closer...
Apple's Q2 2013 financial data is out, telling us, among other things, how much hardware the technology powerhouse sold over the past quarter. How does this three month period compare to previous quarters?
Management signaled five points during the earrings release to suggest that the wheels have not come off the Apple bus. Apple has not forgotten innovation and is aggressively returning some of its cash stockpile to investors.
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