Apple iSqueezed

Apple’s expected debut next month of an iPad mini is likely to cause a frenzy among its fanboys — but could also put a squeeze on its top-shelf profits, analysts told the NY Post..

Last quarter, margins at the Cupertino, Calif., company shrank to 42.8 percent from a record 47.4 percent in the previous three-month period — as sales of the iPhone, its most profitable gadget, slowed ahead of the iPhone 5 launch in the current period.

With the iPad mini expected to be priced considerably below the 10.1-inch iPad, Wall Street analysts see the possibility of margins shrinking even more.

“The iPad mini is unlikely to have the same margin profile as the iPhone or even the current iPad,” said BGC Partners analyst Colin Gillis....

 

Read all about it at http://www.nypost.com/p/news/business/apple_isqueezed_URxTsWxtKfp0XpbjSEf3gJ