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In other words, how much pad they had on their profits, the slipping a little bit to 37.9% to 38.6%. if you re in apple, that kind of ruins your sort of view of the world that you can make money hand over fist and make more money, quarter after quarter. apple did but not to the degree many thought it would and not to the profit degree many hoped it would. so is this aworriesome sign or too early to tell? jim lowle on all of this. good to see you. happy new year. what do you make of what we re getting out of the earnings world thus far? i look like what i ve seep. not just relatively good earnings, but in particular i like the guidance going forward. apple clearly struggling a little built as you said, probably in terms of it ability to profit more and more, but when you look at caterpillar this morning, which has been ....