Apple sees margins falling to 45% as memory chip prices keep climbing

Apple expects its gross margin to fall to between 45% and 46% in the holiday quarter, from 47.9%, as memory chip prices rise. Apple gave the forecast on its earnings call on Monday. Its earnings release, the first under chief executive John Ternus, showed record September-quarter revenue of $114.5bn, up 12%. Revenue beat the $113.39bn […] This story continues at The Next Web

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