50% gross profit margin is not obscene
Posted on: April 8, 2025 at 19:56:09 CT
Ferg MU
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That is before G&A expenses and doesn't include the cost to develop the phones. They hire a lot of highly paid engineers in Cupertino to design the phones. That's not included in the gross profit margin.
They aren't about to sell iPhones at a loss. The price will go up considerably if there is no change to the Trump tariffs.
That said, there will be a change.