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Apple’s expensive new iPhones could be a double-edged sword for the company

Apple’s expensive new iPhones could be a double-edged sword for the company
Key Points

Bernstein analysts suggest Wall Street isn’t properly modeling the extent to which gross margins, a profit metric, could take a hit due to the rising costs of smartphone components.

Bernstein analysts suggest Wall Street isn’t properly modeling the extent to which gross margins, a profit metric, could take a hit due to the rising costs of smartphone components.
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Originally published by MarketWatch Read original →