4 years ago
iPhone 12 series profit margin to decrease - its ASP will also reduce
Apple recently released its first-ever 5G smartphones and these devices come with other upgrades. According to a recent Barclays report, the iPhone 12 series profit margin will decrease. The upgrades on this new series will negatively affect the company’s profit margins. There will be a reduction in its average selling price (ASP) no doubt. In fact, there is a significant reduction in its AAPL target price.
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