Apple’s 40% margins sustainable through at least June quarter, Huberty says

Apple’s most recent 10-Q signals a sustainable expansion of the company’s gross margins, room for iPhone growth in the June quarter, and positive data points for Services, JP Morgan’s Katy Huberty says.

Credit: WikiMedia CommonsCredit: WikiMedia CommonsCredit: WikiMedia CommonsCredit: WikiMedia Commons

In a note to investors seen by AppleInsider, JP Morgan’s Katy Huberty highlights some of the key takeaways from Apple’s latest 10-Q report. A 10-Q is a quarterly report mandated by the U.S. Securities and Exchange Commission for publicly traded companies.

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