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  1. 3 M&A Takeaways

    Merger activity sizzles in the food business, Apple experiments with Beats, and Pfizer stays disciplined.

  2. Apple's Core Business Remains Solid

    New hit products could provide some upside for Apple but aren't needed to support the current valuation, says Morningstar's Brian Colello.

  3. Market Too Pessimistic on Apple

    Apple's gross margins likely will shrink over time, but the market is underestimating the long-term potential of the iPhone, says Morningstar's Brian Colello.

  4. More Good News Than Bad From Apple

    Solid iPhone sales and aggressive share repurchases outweighed iPad weakness and a China slowdown in Apple's fiscal third quarter, says Morningstar's Brian Colello.

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