Apple in last quarter’s earnings call:
For September, we’re also guiding about flat sequentially at the midpoint. As you know, we typically have what we call product transition costs during the September quarter, and this year we also have about 30 bps of headwind from foreign exchange again because the dollar has appreciated recently. We expect those two factors to be offset by positive leverage, because you’ve seen the revenue guidance that we provided and the mix to services that you’ve actually mentioned during your question. So we feel pretty good about also the guidance for the fourth quarter.
Looking forward, you know we don’t provide guidance beyond the current quarter, but I think we have a pretty good record over the last several years to make good business decisions, balancing units, revenue and margins. As you know, foreign exchange has been a very significant headwind over the last three-plus years, but we’ve been able to manage that.