Goldman Sachs analyst Bill Shope has raised his price target for Apple stock from $700 to $750, recommending a buy ahead of the company's Q2 results, due to be released next week. He suggests that the quarter will be another impressive one for Apple, and largely dismisses several concerns about Apple profits. He argues for instance that most carriers are unlikely to cut iPhone subsidies, since they're trying to migrate people from "feature" phones to smartphones, and don't want to lose their share of the iPhone market.
