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Apple's Upbeat Outlook Overshadowed by Margin Squeeze

Apple predicted revenue growth of 7% to 10% during the holiday season, but a warning that gross margins would be smaller due to higher memory costs and expenses related to the new Siri AI digital assistant, weighed on the stock. Bloomberg's Mark Gurman discusses how demand for the company's new iPhone Duo and sales of other phones could impact Apple. He speaks with Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

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BloombergLean L·1h ago
Apple's Upbeat Outlook Overshadowed by Margin Squeeze
Apple predicted revenue growth of 7% to 10% during the holiday season, but a warning that gross margins would be smaller due to higher memory costs and expenses related to the new Siri AI digital assistant, weighed on the stock. Bloomberg's Mark Gurman discusses how demand for the company's new iPhone Duo and sales of other phones could impact Apple. He speaks with Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
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Apple's Upbeat Outlook Overshadowed by Margin Squeeze

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Apple's Upbeat Outlook Overshadowed by Margin Squeeze

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