Investopedia28d
What is the average profit margin range for a financial services company?
Profit margin for all these various subsectors of the financial services industry varies; whereas many financial services companies generate a revenue by charging a fee for their services ...
3M's Turnaround Is Off to a Good Start. Here's Why It's a Buy for 2025 and Beyond.
Brown is aiming to take 3M's gross profit margin to the "high 40s" compared to 41.2% in 2024 and 39.1% in 2023, partly by ...
Alcon: An Eyecare Leader With Strong Profit Margins, But Overheated Valuation
Alcon is downgraded to a hold from my buy rating in fall 2023, after it has gone up +18% since then and now appears ...
Benzinga.com20d
Apple CFO Denies Claims Of 75% Profit Margins On App Store: 'I Wouldn't Say They're Accurate'
On Thursday, Apple Inc. AAPL CFO Kevan Parekh refuted claims that the tech giant enjoys a 75% profit margin on its App Store. What Happened: Parekh, who succeeded Luca Maestri as CFO, was the ...
Apple is richer than ever thanks to high margins—and its new CFO intends to keep it that way
Good morning. Apple SVP and CFO Kevan Parekh participated in his first earnings call on Thursday, and it was a banger. Parekh reported that Apple, whose market cap is bigger than the GDP of most ...