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It's well known the iPhone 4 has the highest margin so selling fewer of those could account for the lower gross margin overall. [edit]Things like exchange rate
by Steko 15y ago
It's well known the iPhone 4 has the highest margin so selling fewer of those could account for the lower gross margin overall. [edit]Things like exchange rates can factor in as well.[/edit]
I'd also caution against reading too much into "demand waning" for the sales drop. Apple switched a lot of iphone 4 production to iphone 4S production to stockpile millions for the launch.
- phil 15y agoThat makes perfect sense, thanks. I'd be surprised to learn that the iPhone 4 was supply constrained over the last several months -- keep in mind that they're still selling the thing. I think it's been in stock pretty much the entire time. (edit: meant to say supply constrained)