Evidence Synthesis
Apple Inc.
(APL) reported a quarterly earnings beat, with its gross margin accelerating to .63%, up from -30.36%. The company's marginal operating leverage, however, moved from 15.18% to -30.36%, decelerating at a rate of -2.999. Revenue growth year-over-year also slowed, dropping to 10.9% from 38.2%. Despite a decline in daily trading volume, Apple's close price remained flat at 63.14 INR.