Apple makes 35.3% gross margin on products, per their latest earnings call. Transcript here: https://sixcolors.com/post/2024/08/this-is-tim-q3-2024-analyst-call

Apple makes 35.3% gross margin on products, per their latest earnings call. Transcript here: https://sixcolors.com/post/2024/08/this-is-tim-q3-2024-analyst-call-transcript/ https://sixcolors.com/post/2024/08/this-is-tim-q3-2024-analy... While they make a gross margin of 46.3% overall, that’s mostly buoyed by the high margin on services, not on the products.