Apple CFO Expects Gross Margin To Be Between 44% And 45% For September Quarter
Portfolio Pulse from Happy Mohamed
Apple's CFO has projected the company's gross margin to be between 44% and 45% for the September quarter during a conference call.
August 04, 2023 | 2:51 pm
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NEUTRAL IMPACT
Apple's gross margin forecast for the September quarter is between 44% and 45%, which could impact the company's stock.
The gross margin is a key indicator of a company's financial health. A higher gross margin indicates that the company is making more money on sales. However, it's unclear whether this forecast is better or worse than what the market was expecting, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100