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Are you intentionally ignoring the fact that Apple rakes in 95% of profits in the mobile sector? Each thousand dollar phone is making many times its manufactur
by manicdee 11y ago
Are you intentionally ignoring the fact that Apple rakes in 95% of profits in the mobile sector?
Each thousand dollar phone is making many times its manufacturing costs in profits. I expect that there is a large enough margin on phones sold to fully fund R&D not just for iPhones and iOS but the Apple Car, its OS and battery technology, and whatever other projects are in the works.
Apple makes their money selling premium ITC. They don't need to sell your personal details.