Despite one analyst yesterday predicting possible trouble for Apple, others see blue skies.
The iPad will keep helping improve Apple's financial position, Sterne Agee analyst Shaw Wu wrote to investors today. Wu ultimately sees the stock surging to $750 a share within the next 12 months.
Apple is currently trading around $634.
"What we are picking up are strong follow-up demand trends for the new iPad despite a very strong start of 3 million units sold in the first few days," Wu wrote to investors today. "We believe this is likely because the new iPad is … Read more