Scalper1 News
While many Apple (AAPL) investors are worried about iPhone sales falling for the first time ever on a year-over-year basis, Credit Suisse analyst Kulbinder Garcha has raised another concern: a possible decline in gross profit margins. In a research report Thursday, Garcha cut his iPhone sales estimates for the March quarter and calendar year 2016, and lowered his gross margin forecast for Apple. However, he reiterated his outperform rating on Scalper1 News
Scalper1 News