The interesting thing is they were operating at more than 40% profit margins for years now. A drop to 29% margins [1] is actually pretty significant and puts it

The interesting thing is they were operating at more than 40% profit margins for years now. A drop to 29% margins [1] is actually pretty significant and puts it in line with profit margins at most other larger tech firms, and not at the top of the market anymore. [1] Looks like this is pre-tax? I'm calculating 25% post-tax margins.