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An Apple Profit Margin That Would Make Steve Jobs Blush
The Apple profit margin on its new Watch will outshine even that of the iPhone.
Just how big the gap will be depends on how far Apple Inc. (Nasdaq: AAPL) can penetrate the Swiss luxury watch market with its 18-karat gold "Edition" Watch.
Fat Apple profit margins are no stranger to Apple, but margins for luxury watches start at about 40% and range up to 80% or more.
Most people have underestimated the impact the Watch will have on Apple stock...
The Apple profit margin on its new Watch will outshine even that of the iPhone.
Just how big the gap will be depends on how far Apple Inc. (Nasdaq: AAPL) can penetrate the Swiss luxury watch market with its 18-karat gold "Edition" Watch.
Fat Apple profit margins are no stranger to Apple, but margins for luxury watches start at about 40% and range up to 80% or more.
Most people have underestimated the impact the Watch will have on Apple stock...