AAPL: Why Apple's Margins Will Continue To Decline

Why Apple's Margins Will Continue To Decline
by Mathias Holmstrøm

Introduction
Last week Apple (AAPL) fell below $450 after announcing Q1 earnings. As other writers on Seeking Alpha have pointed out, the actual EPS-figures weren't bad enough to justify such a huge drop. Many writers have therefore concluded that the majority of the decline is related to irrational trading decisions. Initially I thought so too, but after having analyzed the numbers once more, I am not so certain anymore. read more »

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