Credit Suisse: Wall Street has Apple's profit margins all wrong
The biggest shocker: Apple's gross margin on services may not be 40%, but closer to 70%. In a multimedia presentation for clients—slide deck, conference call, 64-page note…
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]
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