Apple's Margin Meltdown: A Stock That's Pricing in Perfection The June quarter report from Apple was a record breaker, but beneath its impressive numbers lies a worrisome trend that could threaten the stock's 42% return over the past year.
Revenue growth surpassed expectations, with iPhone and Mac sales far exceeding management's plans, but gross margin is already slipping.
Apple's reliance on advanced nodes for its chips has created a bottleneck in supply, leading to higher costs that are eating into its gross margin.