Apple will reportedly pay up to "partially absorb costs" related to stricter quality control in iPhone 5 manufacturing, according to Sterne Agee analyst Shaw Wu. Faced with numerous complaints from early adopters who noticed their handset is far more prone to scratches and nicks which Apple initially attempted to dismiss as "normal" wear and tear, the company is now ready to take a hit on its near-term gross margins to improve production quality of the iPhone 5. Specifically, the analyst projects the iPhone maker's gross margins to be between 40.5 percent and 41.5 percent versus Wall Street's consensus between 42 percent and 43 percent...
Apple to pony up for stricter iPhone 5 quality control