Apple Inc (AAPL): Near-Term Margin Worries Are Overblown
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 17, 2013 - 2:04pm
When Apple Inc. (NASDAQ:AAPL) reported its Q4FY12 earnings in October, management projected that margins would drop significantly in Q1FY13 (the period ending in late December) to 36%. In the same quarter a year ago, gross margins were substantially higher at 44.7%. Evaluating Apple’s likely gross margin profile is very difficult because the company consistently lowballs its [...]
January 17, 2013 - 2:04pm
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