Analyst: Apple's Gross Profit Dollars Per Unit 'Has Likely Peaked'

Posted November 26, 2012 at 9:35pm by iClarified | Please help us and submit a translation by clicking here | 5806 views

Pacific Crest analyst Andy Hargreaves says Apple's gross profit dollars per unit 'has likely peaked', reports Forbes.

From 2007 until Q2 2012, he notes, iPhone unit growth and margin expansion drove Apple’s gross profit per unit to $290 from less than $150. He notes that the increase in gross profit per device has driven about a third of Apple’s total gross profit growth over that time period. But he adds that in Q3, gross profit per unit fell for the first time since the iPhone was introduced – and he says the total is likely to decline further through the end of fiscal 2013.

Hargreaves lowered his price target on AAPL to $645 from $670.

Read More


Share
Add Comment
Sabtain - November 28, 2012 at 4:33am
I don't think they will change any thing else like they did with the iPhone and ipad but I still think they will keep making good things
NoGoodNick - November 28, 2012 at 3:35am
I'm sure Apple in quaking in their books, they won't be able to make more than a gazillion dollars more than they're currently making. Somehow, I suspect they'll not only survive, but will remain the best investment out there.
Greame Hick - November 27, 2012 at 3:48pm
Excellent!I am so delighted I found your site, I really found you by accident, while I was researching on Google for something else, Nonetheless I am here now and this amazing knowledgeable post in front of my eyes.laboraotry report UK
Follow iClarified
Apple Tops J.D. Power 2014 U.S. Wireless Smartphone Satisfaction Study
Apple achieved the highest average overall sa...
Lytro Unveils New Lytro Illum Light Field Camera [Video]
Lytro has unveiled the new professional grade...
Hulu Plus App Can Now Cast and Control TV Shows & Movies on the Xbox One, PS4
Apple Agrees to Settle Lawsuit Over Anti-Poaching Agreements
Apple, Google, Intel, and Adobe have reported...
Bid on a Charity Auction to Have Lunch With Apple CEO Tim Cook
Charitybuzz is running an online auction wher...