iPhone pulls apple’s profitability up in cash starved season
Thanks to price cuts across notebook range, apple’s margin has been under pressure for a while. Come iPhone 3G/3GS, it has substantially helped improved overall margin of the company which has been reflected in increased stock prices. Stock prices has going up consistently from march and now stands double of what it was then. The stock price shoot to $156 yesterday where it was almost double of its price in march which was around $83.
Right now the profit margin apple commands is source of envy from many others in the industry. … Continue Reading
