Some analyst at Wedbush Morgan Securities, which apparently gutted the newly-released iPods, seems somewhat scandalized at the 45 percent gross margin Apple could theoretically see from the devices.

Meanwhile, Intel is laying off 10 percent of its workforce as it struggles to regain its former gross margin in the high 50′s (it’s currently at 49 percent).

Apple’s overall gross margin as of the last financial report is at less than 31 percent. Let’s all unclench, folks.

[ iPod video tear-down suggests high Apple margins (via AppleInsider) ]