Apple’s profit falls in Q4 2013 on record revenue

Today’s commentary
Summary: Apple set another record for revenue in its fourth quarter of 2013 according to its latest earnings. However, margins at Apple have receded such that profit fell for yet another quarter. Overall, Apple’s strategy now seems to be geared toward maintaining margins as high as possible without sacrificing too much share. It will be a difficult proposition despite Apple’s stellar execution.
I am still in the midst of digesting the flurry of Apple earnings analyses but th...

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