Perhaps the single greatest concern for Apple (NASDAQ: AAPL ) investors is the company's ability to defend its margin moving forward. While some have expressed worries that the introduction of a cheap iPhone would harm these margins, a recent research note from Morgan Stanley's (NYSE: MS ) Katy Huberty suggests that the device could actually help. Taking a completely different approach, Andy Hargreaves of Pacific Crest sees margins being protected with a cheap iPhone.
In the video below, Fool.com contributor Doug Ehrman discusses these two views of Apple's margins and why either case is bullish for shareholders and the company.
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