Apple Stock Prices: Morgan Stanley’s Katy Huberty on Apple Margins

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“As evidence, Huberty pointed to Apple’s 10-Q filing, in which the company revealed that its purchase commitments for the current quarter are just $904 million. That compares to $4.5 billion just two quarters ago, when the company invested in new in-cell touch displays for the iPhone 5 launch.”

“For its part, Apple’s own guidance projects that the company’s fiscal year 2013 gross margin will fall short of its peak of 43.9 percent in fiscal year 2012. Morgan Stanley’s models call for Apple to see gross margins of 38.7 percent in fiscal 2013.”

Do you agree with Huberty’s take on Apple Inc. (NASDAQ:AAPL) margins or do you have other ideas of what 2013 will bring? Be sure to share your thoughts in the comment section below.

Check back here for more updates on Apple Stock Prices.

DISCLOSURE: I have no positions in any stock mentioned.

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