avablog

you’re part of the problem:

In a subsequent conference call, Apple chief financial officer Peter Oppenheimer also braced analysts for unwelcome declines in the company’s gross margin going froward. He said an ongoing back-to-school promotion and an unspecified product transition during the current quarter will see gross margin fall sequentially by 330 basis points to 31.5 percent.

Oops! Thank goodness I don’t have any Apple stock. I thought it seemed like that iPod Touch deal was too good to be true. Talk about a loss leader!