Judging from numbers reported by their competitors in the phone and PC spaces, Apple makes less gross margin on laptops than on smartphones. Jacking up RAM pric

Judging from numbers reported by their competitors in the phone and PC spaces, Apple makes less gross margin on laptops than on smartphones. Jacking up RAM prices allows them to capture more profit from laptops, but also keeps their average gross margin number from device sales from dipping drastically as phone sales slow. Apple breaks their margin numbers into services and devices, so if the devices gross margin dips appreciably, investors will read that as a sign that Apple's cash cow handset business is on the ropes.