Honey, I Shrunk Apple’s Profit Margins – Info Gadgets

R&D spending is the culprit, and it’s hard to tell whether it’s being put to good use.

By Shira Ovide

Apple Inc. has been a profit geyser well before it was valued at the $1 trillion milestone the company reached on Thursday. Even Warren Buffett is impressed. “It is an unbelievable company,” the legendary investor…