, Columnist
Apple's Margins Lose Their Shine
While still the envy of many companies, the iPhone maker's operating margin has fallen to its lowest in seven years.
This article is for subscribers only.
Apple Inc. for years was a seemingly impossible combination of rapidly climbing sales and fat profits. Now, revenue is no longer growing quickly and may never resume its former pace. Investors have slowly come to grips with that new reality.
What's less talked about is the change to the earnings part of the equation.