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You don't compare numbers against the previous quarter, you compare numbers against the same quarter, the previous year. Apple's gross margin this quarter was
by chugger 15y ago
You don't compare numbers against the previous quarter, you compare numbers against the same quarter, the previous year.
Apple's gross margin this quarter was 40.3 percent, compared to 36.9 percent in the year-ago quarter
- Steko 15y agoThat's not always accurate, Apple's Q4 2011 and Q3 2011 are fine to compare here, the product mix particularly phones and ipads shipped are much closer then Q4 2011 and Q4 2010.
- chugger 15y agotiming of product launches doesn't matter. In finance investors always compare year over year to evaluate the performance of their investments.
- phil 15y agoThat's true of revenue, but as far as I know there's not as much annual cyclicity for margins.
- DrJokepu 15y agoI don't know much about consumer product sales, but I wouldn't think that it's entirely impossible that different products have somewhat different seasonal sales patterns.
- erikpukinskis 15y agoPeople buy lots of laptops in August/September for back to school. People buy lots of iPods in December for gifts. People buy lots of iPhones in whatever quarter they launch a new iPhone in.
- chugger 15y ago@phil it's true for all numbers.
- gry 15y agoWhy? Genuinely curious.