The approximate 14.1 million iPhones Apple sold during its fiscal Q4 came with a tradeoff, argues Financial Alchemist blogger/analyst Turley Muller. The company's gross margin notably slipped versus Q3, going from 39.1 percent to 36.9. The decline is connected to iPhone production, Muller suggests. "There is no way Apple could have turned out 14.1M units without materially added expense," he comments. "I surmise Apple paid through the nose to escalate the ramp; given the new form factor there would be considerable MOH (overhead) costs related to casting new molds,
