Apple’s faced a modest decline in its profit margin over a period of a few years. Must be time to overreact.
Writing for Bloomberg, Shira Ovide says “Honey, I Shrunk Apple’s Profit Margins.” (Tip o’ the antlers to a reader in Dallas.)
R&D spending is the culprit…
How dare they invest in the future!
…and it’s hard to tell whether it’s being put to good use.
You mean Apple isn’t detailing what it’s developing?! How very surprising.