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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?

To: rnsmth who wrote (11762)	10/27/2011 9:11:06 AM
From: zax	Read Replies (2) \| Respond to of 32692

Apple sold all of their iPads. Because everyone knows that major production cuts always means strong sales. X-D

To: rnsmth who wrote (11762)	10/27/2011 9:21:14 AM
From: sylvester80	Read Replies (1) \| Respond to of 32692

BREAKING...Apple warns on lower margins OCTOBER 26, 2011, 9:59 P.M. ET Apple Reveals Headcount And Research Expansion, Continues Warning On Margins By Ian Sherr Of DOW JONES NEWSWIRES online.wsj.com SAN FRANCISCO (Dow Jones)--Apple Inc. (AAPL) expanded its work force and increased research and development investments over the past year, according to a Wednesday financial filing that outlined the tech giant's continued growth amid continued interest in its smartphone and tablet products. In its fiscal year-end filing with the Securities and Exchange Commission, Apple said its work force swelled more than 28% to approximately 63,300 employees. More than half of Apple's headcount is in its 357 retail stores, the filing said, while 2,800 of its employees were temporary or contract workers. Last year the Cupertino, Calif.-based company said it counted 49,400 employees among its ranks. Apple's research and development investments grew by more than a third to $2.4 billion dollars from $1.8 billion last year. The company tallied $1.3 billion in research costs in 2009. The company also warned that gross margins, which grew to 40.5% from 39.4% last year, would likely be driven lower by he company's "new and innovative products" that have "higher cost structures." Last year, the then-newly introduced iPad tablet computer had put pressure on the company's margins, but Apple said a mixture of cheaper parts and stronger sales of the margin-thick iPhone helped raise the company's overall gross margin. Apple has published similar warnings in past quarterly and annual financial filings. Apple shares, which have grown more than 24% so far this year, closed up 0.7% at $400.60. -By Ian Sherr, Dow Jones Newswires; 415-439-6455; ian.sherr@dowjones.com