Wed, 19 Nov 2014
Third Quarter Hiccup
Markets editor Jeremy Glaser examines how hurricane cleanup may impact the insurance and energy sectors, what a senior leadership cleanup at Apple means for the firm, and more.
New hit products could provide some upside for Apple but aren't needed to support the current valuation, says Morningstar's Brian Colello.
Apple had a solid holiday, but disappointing guidance underscores the challenges in its quest to expand its user base, says Morningstar's Brian Colello.
Even excluding special factors, recent retail sales data suggest we have seen sharp improvement, says Morningstar's Bob Johnson.
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.
Although Jobs is irreplaceable, Apple has built an ecosystem that will continue to be successful years into the future, says Morningstar's Michael Holt.
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.
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.
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