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Dragged down by the imaginary, another part of Apple's victory over Samsung may be slipping away,

and the iPad turns heads and maybe stops hearts.

Oh, not in a good way.

It's Monday, May 13th, 2013.

I'm Kan Ray and this is news from Maco- can brought to you by yours truly and supported by

listeners like you subscribers to MacoS can Day six more information is available at MacOS Can.com.

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The financial sector continues to stymie.

Though I guess they might just be hoping for the best while preparing

for the worst. Fortune has Piper Jaffray analyst Jean Munster issuing a note on Friday

saying that things for Apple will almost definitely not be as bad as the worst case scenarios out there,

but I'll go ahead and factor some of the worst case stuff in anyway.

Stuff like how detrimental for Apple a low-cost iPhone could be. Not will be, but could be.

We start with the premise that Apple will make a low-cost iPhone, not just keep lowering the

cost of its older iPhones.

Some worry that that could kill Apple's gross margins.

And Kill is very much an exaggeration.

The worst case scenarios have Apple's gross margins dropping to 30%, which a lot of other companies

would kill for, and kill is likely not an exaggeration in that case.

The only place a 30% gross margin looks terrible is next to Apple's current

...