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EFTA02627814
49 PM GMT Apple's 10-Q shows reduced capex =uidance in FY19 and normalized F1Q gross margin decline of 140bps Y/Y =hen backing out the benefit from hedges & slightly lower warranty =ccruals, lower than the 40bps gross margin decline on a reported =asis. FY19 capex reduced by $2B. Apple expects to incur
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