In a new report, JP Morgan analyst Rod Hall took a close look at Apple Inc. AAPL 1.17%’s new 10-K filing. Here’s a list of nine noteworthy things he found.

• 1. Warranty accruals declined from $1.071 billion to $893 million quarter-over-quarter, a trend that Hall believes should boost gross margins.
• 2. Apple lowered the estimated selling price for software upgrade rights and non-software services on iOS devices and Macs by $5-$10. Hall believes that this deferred revenue adjustment should boost gross margins in 2016.
• 3. Apple’s purchase commitments rose 20 percent year-over-year to $29.5 billion.
• 4. JP Morgan estimates…

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