Actually, what Tim Cook said at the Apple's Financial Conference last quarter was that it runs "a little ahead of break even". Therefore, it is reasonable to s

Actually, what Tim Cook said at the Apple's Financial Conference last quarter was that it runs "a little ahead of break even". Therefore, it is reasonable to say it runs at break even. Even if you are cynical and assume a certain amount of money is moved from one department to another, he can't say something on the record like that, if it isn't basically the truth (these numbers are audited and are subject to Sarbanes–Oxley. So, even assuming a small amount of shifting money around between departments and his fudge factor "a little", I think you could at most say single digits, for example: 5% if you want (or whatever small % you choose), it is still close enough for normal conversation to say its break even.