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Just under 43% more, no? It's a 30% cut for Apple; for a price of x, the underlying cost, excluding the cut, is 0.7 * x. But you're paying x, which is 100% - x
by deathanatos 5y ago
Just under 43% more, no?
It's a 30% cut for Apple; for a price of x, the underlying cost, excluding the cut, is 0.7 * x. But you're paying x, which is 100% - x / (0.7 * x) more, or 42.8%.
- scq 5y agoThat's a good point and also kind of horrifying.