Despite a mixed bag in the tech giant's fiscal first quarter, the firm's growing earnings power makes Apple shares attractive, says Morningstar's Brian Colello.
Morningstar's Toan Tran expects more record quarters from the tech giant as new products and expanded distribution channels drive higher sales.
Some upside remains in Apple shares, but the acceleration of the iPhone and iPad businesses has sent the stock closer to fair value, says Morningstar's Mike Holt.
News this week showed market players paying up for media assets, paying out for tax relief, and more.
Document management technology provider Cabinet today announced availability of Cabinet Mobile for iPad.
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