* Apple Watch is coming in April
* 39.9% gross margins
* 1 billion iOS devices sold since 2007
* 97% csat for iPhone as measured by Changewave
* Mac revenue was $6.9 billion
That's an insane stat. Assuming average cost of an iphone as 500$, and 70% profit margin for an iphone, Apple has made 350 billion in profits on selling iPhones since 2007!!
Any idea what would the equivalent figure in Android profits for Samsung be? Android crossed 1 billion devices sold in 2013, but my guess is the number is going to be much smaller.
In this day and age that's really unbelievable.