Profits are high because their products are overpriced.
Why would anyone buy the IPhone 6 when the much better rated Galaxy Note 4 sells for less?
Not possible. As an economist by education and training, I can assure you that what you claim is an oxymoron. They are selling every one of their products they can make.
A price is what is agreeable between a willing seller and a willing buyer. Apple was having trouble providing sufficient inventory to supply the numbers of willing buyers for its iPhone 6 and 6 plus at the price they were asking. . . and as of now, the delivery time on both models is measured in weeks from order time. If Apple's products were overpriced, they'd be piling up in the warehouses unsold like the products that Samsung is being left holding and cannot sell. . . and why Samsung is posting 65% lower profits for the last three quarters while Apple is posting record sales and record profits. . . and claiming 86% of the handset profits. . . ALL handset profits.
They are also claiming 53% of all Personal Computer profits. . . and that is also not because their computers are overpriced either. In fact, the number of Macs was increased by 18% this last quarter over the same quarter last year, as public demand for Apple's "high-priced" premium computers went UP, while the overall PC market went down 7%.
So, TruthWillWin, how can they be "over priced" if willing buyers in droves are plunking down their hard-earned money to buy them without complaint. . . and falling all over themselves to do so?
I absolutely love it when clueless fanbois show up to rave about iEvil’s fabulous profitability, without realizing what they’re actually saying is: “I am being ripped off by the biggest charlatans on the planet — and I hope they steal even more of my money on their next years-behind-Samsung ‘update.’”
“Profits are high because their products are overpriced.Profits are high because their products are overpriced.”
Well, “Truth”, I’m not sure how you figure that. The iPhone 6 line is comparably priced to the flagship Samsung phones, and offers many superior features.
agreed. This tells me Apple charges a whopper for their phones compared to the actual cost. Good for them. They get suckers to pay so much.
Profits are high because they offer a superior product and refuse to compromise on price point in order to achieve more market share.