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Checks clipboard Apple still makes a 40-50% margin on every iPhone sold. The iPhone could be the cheapest smartphone around, and it would still be generally ag
by smoldesu 4y ago
Checks clipboard
Apple still makes a 40-50% margin on every iPhone sold. The iPhone could be the cheapest smartphone around, and it would still be generally agreeable that Apple has enormous profit margins.
- Maursault 4y agoTry 119% margin. It costs Apple $501 to make an iPhone 14 Pro Max, and the company sells it at a base price of $1099. But that is iPhone, not Mac. Apple's net profit margin as of September 30, 2022 is 25.31%, and that is due to their razor thin margins selling Macintosh hardware.
- smoldesu 4y agoInteresting, guess that makes sense with TSMC charging them out the ass.