However, the club expect Speed to see that contract through.

BBC: SPORT | Football | My Club | Bolton Wanderers | Wales job 'not for' Speed

Looking ahead, the company expects to see margins contract further in the next quarter as it looks to launch a number of lower margin new products ahead of the holiday season in what is going to be the broadest product refresh cycle in its history.

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If Apple started to show next to no growth, it would still see its multiple contract and the stock dropped.

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