Monday, December 07, 2015

iPhone: the most profitable product in history

Can Apple Inc. Survive The iPhone? Shift To Lower-Margin Services May Not Please Investors
"To date, Apple has sold more than 750 million iPhones with a margin of nearly 70 percent. It's the main reason Apple is sitting on a cash pile of more than $200 billion. The iPhone represents 60 percent of Apple's revenue and has driven it to become the world's most valuable company, with some suggesting the company is worth more than $1 trillion.
being so dependent on the success of a single product could be a problem.

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