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moondust

(21,358 posts)

4. The gross profit margin of the iPhone was 62%

Mon Apr 20, 2015, 12:21 AM

Apr 2015

when the phone was launched in 2007, then rose to 64% in 2009 due to reductions in manufacturing costs (table 3). If the market were perfectly competitive, the expected profit margin would be much lower and close to its marginal cost. The surging sales and high profit margin suggest that the intensity of competition is fairly low and Apple maintains a relative monopoly position. Therefore, it is not the competition but profit maximisation that drives the iPhone’ s assembly to China.

http://voxeu.org/article/how-iphone-widens-us-trade-deficit-china

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Highlight:

The True Cost of U.S. Free Trade: Wages Shrink Across The Board [View all] brentspeak Apr 2015 OP

K&R liberal_at_heart Apr 2015 #1

^ nationalize the fed Apr 2015 #2

The gross profit margin of the iPhone was 62% moondust Apr 2015 #4

but we're supposed to celebrate the fact that those folks have jobs! great jobs for 15-year ND-Dem Apr 2015 #9

Funny how the Clinton supporters won't address this important issue. nm rhett o rick Apr 2015 #3

Will any of the candidates for president address the issue? StarzGuy Apr 2015 #5

and what, Obama is so clearly on the side of the American worker? Skittles Apr 2015 #11

Of course, the free trade shills will think that as a feature, not a bug Populist_Prole Apr 2015 #6

"corporate concubines"! ND-Dem Apr 2015 #8

kr. ND-Dem Apr 2015 #7

fuck the apologists Skittles Apr 2015 #10

Mission Accomplished FiveGoodMen Apr 2015 #12

But that's the whole point of 'Globalization'. To equalize wages across the planet, turning the sabrina 1 Apr 2015 #13

So the plan worked hifiguy Apr 2015 #14

"Free trade" is neoliberal bullshit. Rex Apr 2015 #15