6:25 PM Apple (AAPL -0.8%) roundup: 1) Gene Munster fires up his spreadsheet and concludes the odds of Apple's gross margin (37.5% in FQ2) falling below 30% are close to nil. He thinks GM would still be 32% even if a cheaper iPhone cannibalized 50% of regular iPhone sales and had only a 15% GM, and a TV with a 10% GM arrived. 2) The USPTO has rejected more Apple patent claims (previous). This time, they involve a patent for showing translucent images. Apple will almost certainly appeal. 3) A Strategy Analytics survey found 4.5" was the most preferred smartphone display size in 2H12. Moreover, a majority of respondents "indicated that they preferred prototypes that have a larger screen than their current phone." Read comments
AAPL price at time of publication: $452.89. Check AAPL price now »
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