” This reflects ... Apple’s profit margin (typically 60–62%).”
I think we’ve located room for some cost increases.
Hint: Companies don’t charge the total of their costs, but what the market will bear, for their products.
Fair enough, and they owe that to their shareholders...but if their customers start making preferences known....hmmmmm
I think this is all so short sighted. If you bring a bunch of high paying jobs back and there are jobs for everyone who is willing to do the work and improve skills etc no one is going to care if it cost more because they’ll also have more. If my income grows i’ll pay more for things and I’d manage.
Which in turn reflects the cult-like adoration many have for the Apple brand.
Wonder what samsungs profit margin is
Thank you.
Simple economics 101. The key is what is the retail price elasticity?
Samsung, (South Korea) was smart to get operation out of China a few years ago and into India and Vietnam.
The ways it’s going, they’re going to crush Apple.
Apple’s going to need to cut their margins and start making things in US as well as non Chinese alternatives if they want to keep any market share.
ABC. Anyone But China.
Yep! Supply & Demand