Apple's Margin Troubles Continue As Revenues Per iPad Tank
By:
Forbes Real Time
Apple’s precipitous decline in the aftermath of its first quarter earnings release, which saw the stock fall more than 10% in afterhours trading, sent shock waves through the investment world. Among the most troubling signs rocking the world’s largest publicly traded company are its compressing margins, which fell to 38.6% and are expected to slide even further in the next quarter by Apple’s own estimates.
Apple’s precipitous decline in the aftermath of its first quarter earnings release, which saw the stock fall more than 10% in afterhours trading, sent shock waves through the investment world. Among the most troubling signs rocking the world’s largest publicly traded company are its compressing margins, which fell to 38.6% and are expected to slide even further in the next quarter by Apple’s own estimates.
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