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Yes, premium luxury products can make a huge profit. This doesn't mean that someone who goes for the middle of the market and works on low profit margins is som
by GavinB 18y ago
Yes, premium luxury products can make a huge profit. This doesn't mean that someone who goes for the middle of the market and works on low profit margins is somehow "wrong."
Apple nailed the market with a great product. What makes them special, and profitable, isn't that they make a high-priced lower volume product. It's that they make a product that customers love and value at much higher than its cost.