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Goldman Sachs More Bullish on Apple (AAPL) Following Conference

February 13, 2013 8:57 AM EST

Goldman Sachs said they came away from Tim Cook's presentation Tuesday at the Goldman Sachs Technology and Internet Conference most bullish on Apple (NASDAQ: AAPL).

The analyst noted Tim Cook discussed many topics that are top of mind for investors and was optimistic on growth prospects. He also appeared much more flexible in returning additional cash, they said.

On capital allocation, Mr. Cook noted the company will continue to heavily invest in R&D, new products, the supply chain and acquisitions. He also stressed that Apple is in a position to seriously... More