Apple Conference Call Takeaway: Shares Slip After Analysts Pepper Management About Growth, Margins
April 23, 2013 at 18:10 PM EDT
Apple (NASDAQ: AAPL ) sold a Q2 record 37.1 million iPhones and it was the number one phone sold in Japan in calendar year 2012. This marked the first time that a non-Asian phone brand has claimed this mark. However, analysts nagged management about gross margins, particularly with the iPhone,