Nope, not at all.
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Where do you get that from?
They're a publicly-traded company. You can get their statements. That's correct. It's roughly 20% profit on a cellphone. Up and down year to year.
Nope, not at all.
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Where do you get that from?
I didn't ask for pity for a trillion dollar tax cheat, I just elaborated on points that people in these forums seem to never consider.That’s all part of it spread out over all of their sales and they make tons of money. So I don’t get the poor apple attitudes. They have the highrst markup in the business......by a long shot. Even if they lose market share their profits rise.
Sorry, they get no pity from me even though I use apple products. More power to them, but no pity.
They all slap down millions on stuff like that. It really amounts to very little on each product.
They're a publicly-traded company. You can get their statements. That's correct. It's roughly 20% profit on a cellphone. Up and down year to year.
this is nothing -- the cases for the iphones are a huge mark up. A $1-$2 accessories can sale for $9.99... ever watch Shark Tank? it's common practice to sale 3x or 4x of the cost.
Apple averages around 20% net profit after taxes for the company as a whole.I've never seen them explicitly state the profit per unit on each iPhone. I don't buy it.
Apple averages around 21% net profit after taxes for the company as a whole.
They don’t break out profit for their various product segments, i.e. Mac, iPhone, iPad, Other (Watch, HomePod, AirPod, AppleTV, Beats, etc.) and Services.
I love the people who just assume "$1200 phone - (cost of parts) = pure profit". Shipping, logistics, marketing, paying their engineers 6 figure salaries each, manufacturing, etc etc etc.
I find your reasoning funny. If they are so into R&D would you be happy wth a $2000 phone or a $3000 one?
Mostly because of Project Titan but who knows what else they are experimenting with. In any case, I'm not willing to fund the development of watches and cars with my iPhone's markup. That's what investors are for.
You’re right this is an estimate. If anyone believes it’s this cost or more they are crazy! In fact chances are it is 15-20% less then these eatimates. Anyone who thinks Apple is making any less then 70-100%+ margin on their products is insanse and naïve.
Apple averages around 20% net profit after taxes for the company as a whole.
They don’t break out profit for their various product segments, i.e. Mac, iPhone, iPad, Other (Watch, HomePod, AirPod, AppleTV, Beats, etc.) and Services.
iPhone is roughly half their sales. It could be that the other half has net profit of 30% and iPhone is 10%, for a 20% average. Or maybe iPhone is 30% and everything else is 10%, again averaging 20%.
More likely, iPhone net profit is within a few percentage points of the company average.
What are you talking about, honestly?Permabear or permabull does not matter. What matters is that most people are gambling on the stock market, and when you gamble my dear friend, eventually you lose. Just ask people in 1987, 2000, 2008. And especially the Japanese, whos stock market still didnt recover to its highest point. Historically, very few people get to keep their gains, and most of those very few are insiders. But personally i dont care, everyone is free to do as they please. What does piss me off is that we the people had to bail out the banks in 2008, who basically doubled down on bad behavior which will cause the same results. But as i said, this time is different right?![]()
No, I’m just saying they make good money off iPhone’s.
Exactly. But, you will be ridiculed in this thread if you suggest Apple is making a profit.
On the $1,250 256GB XS Max, Apple would net about $250 in after tax profit if they make their company-wide average (approx 20%). That means that in addition to the component costs the article puts at about $450, there’s another $550 of additional costs that also need to be covered before Apple makes any profit at all.Exactly. But, you will be ridiculed in this thread if you suggest Apple is making a profit.
Exactly. But, you will be ridiculed in this thread if you suggest Apple is making a profit.
If we use the prices from TechInsight’s BOM cost estimate in the article, the 512GB model could be about $64 more in component costs than the 256GB model. That $64 cost increase translates into a $200 price increase.Don’t think some posters understand the nand 512gb cost more than 256gb.
holy crap that's a lot of profit....
think about returns, swap outs etc.. The cost of maintaining a profit can add up very quickly.I've never seen them explicitly state the profit per unit on each iPhone. I don't buy it.
Do you think the r and d is $1000 per device for the max 512g?! You need to take into consideration they sell up to hundreds of millions of devices, in theory that lowers the percentage of costs per unit by quite a bit. The more they sell, the less of r & d per unit. As I said, they are not selling 1 or 2 millions, they are selling hundreds of millions every 1.5 years or so i believe. instead of going down, prices have gone up! And they even have their apologists to defend them!
And I never complain about prices, if it's something I like i'll buy it, but it's no secret Apple charges a pretty penny for their products compared to the competition.
the profit isnt as large as i thought it was nevertheless roughly 180 percent profit is pretty good.
Question. do you all think apple would sell twice as many at 899.99 vs selling them at 1249?
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think about returns, swap outs etc.. The cost of maintaining a profit can add up very quickly.
my quotation of your post was meant for dialogue purely. lighten up -_-Sure. What does that have do with what I posted? Do you have something that says they make 20% profit per iPhone?
There is no 180% profit, the $450 mentioned in the article is just the portion of the overall cost attributable to the parts. Apple makes about 20% net profit after taxes, company-wide. So realize there’s another $550 per unit to cover costs other than components.the profit isnt as large as i thought it was nevertheless roughly 180 percent profit is pretty good.
Considering that Apple’s cost might be $1,000, they could be going from making a $250 net profit per unit to losing $100 on each 256GB XS Max sold—and trying to make it up on volume lol.Question. do you all think apple would sell twice as many at 899.99 vs selling them at 1249?
Mostly because of Project Titan but who knows what else they are experimenting with. In any case, I'm not willing to fund the development of watches and cars with my iPhone's markup. That's what investors are for.
In my observation Apple implementation technologies when they see some innovation to it. Touch ID, Face ID, air power, neural engine used as some examples. They just don’t throw technology in for internet bragging rights....Apple typically adopts such technologies only after others implement it successfully for years, huge cost savings in R&D and testing IMO.
Great strategy though!