/biz/ - Business & Finance

Anonymous Wed Oct 14 07:53:48 2020 No.23261685 [View]
File: 99 KB, 1332x356, Screenshot 2020-10-14 at 12.50.30.png [View same] [iqdb] [saucenao] [google]

>>23261627
You are a fucking idiot bro, like a flat earther backing up his claims, that is margin against cost of goods sold. After all costs eg, employing the worlds best talent etc, Apples net profit margin 2019 was only 20%.

Meaning for all the work everybody at apple is doing, for all the tech, R&D, Chip development etc that they do, when you buy their products, they only make 20% in profit. Which is pretty damn good, try making your own iphone and it will cost you a good couple billion, or you can buy one for 1k and give apple some profit

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