Apple's gross margin was 40% in its fiscal fourth quarter, down slightly from 40.3% in the year-ago period.
Jobs mentioning the television is one thing. Cook has continuously hinted that the Apple TV is a "hobby," and there is something more there. For him to mention "[i]t's an area of intense interest" hints we may see a television set sooner rather than later.
The whole world will be watching. Perhaps on an Apple TV too.
Interested in more on Apple? See TheStreet Ratings' report card for this stock.--Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_Bull
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