Apple reported a full percentage point improvement in gross margin for the fiscal fourth quarter. Cost of sales increased 4% to $51.05 billion, but that was less than net sales growth of 6.1% to ...
That would reflect a full percentage point cut from its pre-September level, when the federal funds rate was at its highest in more than two decades. But that doesn't mean mortgage rates or other ...
After all, mortgage rates have steadily decreased in recent months: Between early July and mid-September, when the central bank announced the initial cut, they dropped by almost a full percentage ...