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In the article they say, Apple spent $33B on R&D and $77B on stock buybacks. The fact that they leverage their all encompassing 30% App Store fee, a tax on act
by pliny_the_fella 3y ago
In the article they say, Apple spent $33B on R&D and $77B on stock buybacks.
The fact that they leverage their all encompassing 30% App Store fee, a tax on actual PRODUCTIVE smaller businesses, and then funnel that back directly to their investors for capital gains is a cause for concern.
- ralfd 3y agoYou would be surprised what the margin is in retail.
- TheCoelacanth 3y agoGross margin is often that high or higher, but net margin is often single digits. That's in contrast to Apple with has essentially zero costs on the things sold in their store and has a sky-high net margin.
- asadotzler 3y agothis is wrong. look up both gross and net margins for top retailers (say Kroger and Walmart) and learn a thing or two before making such clearly wrong claims.