iPhone 12 series profit margin to decrease - its ASP will also reduce

Apple recently released its first-ever 5G smartphones and these devices come with other upgrades. According to a recent Barclays report, the iPhone 12 series profit margin will decrease. The upgrades on this new series will negatively affect the company’s profit margins. There will be a reduction in its average selling price (ASP) no doubt. In fact, there is a significant reduction in its AAPL target price.
Read more: https://www.gizchina.com/2020/10/15/iphone-12-pro-profit-margin-to-decrease-reduces-its-average-selling-price/?source=Snapzu