Friday, October 19, 2012

Possible blow to AAPL

 US judge orders Apple to reveal profit margins | ZDNet

"Beyond continuing to assert that its financial data are 'trade secrets,' Apple has not provided any new arguments for why this information should be protected. Accordingly, consistent with the 9 August order, this court finds that Apple's unit sales, revenue, profit, profit margin, and cost data do not meet the 'compelling reasons' standard. Apple's motion to seal is denied," Koh added.

This should put a dent in the ridiculous PPS in AAPL

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