Apple expects Q1 revenue to rise 7%-10% YoY, above 6% est., and gross margins of 45%-46%, below 47% est., as John Ternus says memory costs are "unprecedented" (Michael Acton/Financial Times)

https://www.ft.com/content/f6ad8c32-cacb-48ad-ad85-a9a7edac3f16
http://www.techmeme.com/261103/p5#a261103p5