IPhone X’s Profit Margins Aren’t As High As You Might Think

The iPhone X is Apple’s most expensive iPhone to date, or at least as far as base models are concerned with the 64GB model priced at $999, way above that of the iPhone 8 whose base model is priced at $699. Now some might argue that Apple could just be greedy and is trying to milk their customers for all their worth.

Given that Apple is still a business at the end of the day, you can’t really fault them for trying to make money, but it seems that despite the iPhone X’s higher price...

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