[Jtsummers]

Apple is getting 50%+ profit off of their phones. Not sure their other device categories, but it's probably similar especially with their relentless streamlining of the internals. Moving iPad and all their computers to the same chip family (and manufacturing maybe 2 generations at a time with little overlap), for instance, gives them a substantial (potential) savings across all those product lines due to the combined scale.

[geoffpado]

Apple makes 35.3% gross margin on products, per their latest earnings call. Transcript here: https://sixcolors.com/post/2024/08/this-is-tim-q3-2024-analy...

While they make a gross margin of 46.3% overall, that’s mostly buoyed by the high margin on services, not on the products.