Apple Has Great Quarter, But Margins Aren't Sustainable
As the tech giant expands into emerging markets with lower-priced products, profitability will likely get squeezed, says Morningstar's Michael Holt.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser.
Apple posted another record March quarter, and I am here today with Michael Holt--he is the associate director of technology analysis here at Morningstar--to see what drove this quarter and also what growth in emerging markets could mean for Apple.
Jeremy Glaser does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.