Apple Inc. has warned investors in its 10-K report of potential profit declines due to new products that may bring in lower revenues and profit margins.
Apple's risk factors indicate that high gross profit levels could be approaching a peak, affecting future business results amid competition in the AI market.
In the last quarter, Apple's gross profit held at 45%, a significant increase from 40% in 2020, showing profitability but raising future concerns.
As Apple invests substantially in new technologies like artificial intelligence, it faces similar pressures as other tech giants, warning of potential profitability risks.
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