Nice, proof of how massively overpriced the X is. Lucky I returned mine.
No, it's not. See comment #22.
Nice, proof of how massively overpriced the X is. Lucky I returned mine.
Gross margin on the X and 8 are similar iirc, but the higher selling price on the X allows Apple to rake in a lot more dollars of profit per device.Though you do have to pay attention to the metric they are using.
If sales weren't that great, but profits (revenue minus costs) are great, then it just means they managed to charge a massive premium.
footnote: I have X and it is the best phone I have ever had, so I don't mind that I had to give Apple a lot of margin on it.
This just means the consumer is paying more for less.
Too much profit = greedy. iPhone X could have been $749.
Definitely looking forward for the iPhone X Plus.Keep up the good work Apple I love my X but super stoked to trade it in on the X plus .
You're making a common mistake that's made on this forum. Apple making a lot of profit per phone is not evidence of Apple selling a lot of phones. Apple can, and has, sold fewer phones in a YoY comparison while making more profit. Apple making more profit that all others is also not evidence of other's phones on a shelf or in a warehouse. You're making unsupported leaps in logic.You're not wrong. I have a post just a few below that one where I had said that you have to have sold them to make that profit. Phones on a shelf or in a warehouse don't generate much for any company.
Analysts who say Apple made the most profit and analysts who say the iPhone X didn't sell as well as expected can both be right. And be right simultaneously. They are referencing different aspects of iPhone X sales. What you're doing is conflating sales numbers and sales profit and coming up with a flawed narrative.Not you. The "analysts" that we read about so often here.
I'm not usually so anti-capitalist, but I agree with you. It is greedy. It is permissible, and they are free to do it, but it is greedy.
I'm more surprised so many people are willing shell out $1000-$1150 for an iPhone and $200 more for AppleCare+ for it. That's $1200-$1350 all-in. For a first-gen device that almost everyone knows will be replaced by an improved model pretty darn soon. I really thought having it be so much over one grand to go all-in would put a lot of people off. I guess I was wrong. Where is the line then? Is $1500 too much for an iPhone? $2000? $5000?
I bought an iPhone X 256 GB and I am very pleased with it, as well as it's price.Too much profit = greedy. iPhone X could have been $749.
I'm glad I kept mine.Nice, proof of how massively overpriced the X is. Lucky I returned mine.
Hopefully you bought a Samsung, they could use a few bucks.Nice, proof of how massively overpriced the X is. Lucky I returned mine.
No, the X is reasonably priced. That does not mean, however, that everyone can afford one.
The inevitable math consequence then is that the margin must be stellarYou're making a common mistake that's made on this forum. Apple making a lot of profit per phone is not evidence of Apple selling a lot of phones. Apple can, and has, sold fewer phones in a YoY comparison while making more profit. Apple making more profit that all others is also not evidence of other's phones on a shelf or in a warehouse. You're making unsupported leaps in logic.
Analysts who say Apple made the most profit and analysts who say the iPhone X didn't sell as well as expected can both be right. And be right simultaneously. They are referencing different aspects of iPhone X sales. What you're doing is conflating sales numbers and sales profit and coming up with a flawed narrative.
Who buys Applecare? I know I don't.
"Where is the line then?" I don't know but what I do know is that Apple will push it.
In a multiverse it could have been freeToo much profit = greedy. iPhone X could have been $749.
Who buys Applecare? I know I don't.
"Where is the line then?" I don't know but what I do know is that Apple will push it.
No, the X is reasonably priced. That does not mean, however, that everyone can afford one.
"One hell of a markup."
GPM is likely in the high 30% range, and certainly not unusual.