Tuesday, February 12, 2013

AAPL: "If Apple (AAPL -2.5%) thinks the lawsuit is a...

5:13 PM "If Apple (AAPL -2.5%) thinks the lawsuit is a waste of resources it could simply end the matter by ... filing a new proxy that unbundles the proposed changes," says Greenlight Capital, not amused by Tim Cook's dismissal of its suit as a "silly sideshow." Meanwhile, Gene Munster thinks Cook's Goldman remarks indicate a cheaper iPhone will arrive - though Cook insisted Apple won't compromise on product quality, he also noted how Apple introduced cheaper iPods and a low-cost Mac alternative (the iPad) without doing so. Could this design do the job? Read comments

AAPL price at time of publication: $467.80. Check AAPL price now »

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