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A comment on The iPhone SE was the best phone Apple ever made, and now it’s dead. Parent comment

Re:The iPhone SE was the best phone Apple ever made, and now... by ksec on Saturday September 15, 2018 @10:05AM (#17994330)
Yes.... unfortunately many do not understand the difference between Margin and Mark up.
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Re:The iPhone SE was the best phone Apple ever made, and now... by J_cst on Saturday September 15, 2018 @04:10PM (#17995841)
Just for the records:

Margin = profit / sale price Markup = profit / cost Profit = sale price - cost

I frequently meet people that are not aware of the above.

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