iphone - Google News: Apple: Pacific Crest Cuts Target On Higher iPhone 5 Costs - Forbes

iphone - Google News Google News

Apple: Pacific Crest Cuts Target On Higher iPhone 5 Costs - Forbes Nov 26th 2012, 16:34 Apple: Pacific Crest Cuts Target On Higher iPhone 5 Costs Forbes Hargreaves lifted his estimate on December quarter cost of goods sold for the iPhone 5 to $370, from $353, which brings the gross margin for the phone down to 38.8%, form 40%. That in turn trims his EPS forecast for the quarter to $14.76, from $15.28 ... and more »

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