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Apple has a profit margin of 37%. 2017 the App store revenue was ~50 billion, which means Apple made 15 billions from fees. Their net income was ~50 billion,
by turbinerneiter 7y ago
Apple has a profit margin of 37%.
2017 the App store revenue was ~50 billion, which means Apple made 15 billions from fees.
Their net income was ~50 billion, too, which means 0 App store fees would reduce their profits by 30%.
Not sure if all numbers are correct, but I guess this should give us a ballpark feeling of what we are talking about.
- y_molodtsov 7y agoPutting together margins on their hardware and software products just can’t be right.
- turbinerneiter 7y agoWhy? The profit margin is a number that includes everything. I compare this to the revenue they make from app store fees. If they stop taking that revenue, their revenue decreases by exactly that amount, their expenses stay the same, so their profit also decreases by exactly that amount.