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Glentel Inc GLNIF



GREY:GLNIF - Post by User

Comment by Robert40on Sep 23, 2012 11:51pm
216 Views
Post# 20405521

RE: iPhone 5 margins?

RE: iPhone 5 margins?

In my opinion though margin will be slightly less, the volume sales should increase their bottom line. They are selling all other phones and iPhone5 is icing on the cake.Wallmart keeps margine's low but volume sales push their profits up. All stores ran out of iPhone5's on very first day. Now I am told wait is about 1 week for next batch. i am more worried about the supply. People are waiting for this phone for long time. Everything will be alright, just wait and watch. I expect GLN to declare extraordinary dividend also at the end of October just like last year.

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