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by rahimnathwani 3448 days ago
I don't believe that a large proportion of phones sold by Best Buy have a 50℅ retail markup. If that were the case, you'd expect those models' effective retail prices in China to be ~70℅ of the US retail prices. But they aren't. Brand-name mobile phones retail for roughly the same price in China as they do in the US. (With the exception of iPhones, which are about 20℅ more expensive in China than in the US).

I suspect that Best Buy makes insignificant margins on most cellphones, but makes it up on accessories (and I guess they sell carrier plans as well?).

1 comments

You are somehow mistyping % as ℅.
Are you on a retina screen or what? Great catch.