Re: Now the knives come out....
"Um remains concerned that gross margin will come under pressure later this year, when Apple is expected to launch a redesigned "iPhone 6." He also sees a limited amount of incremental market cap opportunity in existing product segments.
"We believe Apple will eventually approach a fork in the road where it needs to choose between ASP/margin or units, as both, in our opinion, will be difficult to maintain," he wrote."
Can you believe this turkey?
How many times in the last two years have these morons swirled this candy in their mouths? No facts or reality hits them. There's always down the road when facts and reality will be ....different, although it never happens. That dead horse is now a skeleton.
He has his head up his ass, and nothing can pull it out.