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Apple too conservative on margins?

Apple's predictions on future gross margins may be overly conservative, say analysts with Piper Jaffray. The group notes that Apple has warned people of lower margins for its September quarter, guiding them down 330bps to 31.5 percent; the average sequential decrease over the past two September quarters is said to have been 220bps. Piper suggests that the new figure is too low, and is keeping… » Full Story on MacNN.com
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