Apple: Gross Margin Declines Are Primarily Due To Warranty Accruals And Depreciation And Amortization
by Elephant Analytics
There has been a lot of focus recently on Apple's (AAPL) gross margins and how they have been declining. After reaching a high of 47.4% during Q2 FY 2012 (and an FY 2012 average of 43.9%), gross margins have steadily declined to 37.5% during the Q2 FY 2013 report. This article investigates what caused the gross margin decline, and what implications it has for future earnings reports. read more »
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