Re:Saudi Aramco Is World’s Most Profitable Company, Far Exce...
by chadash on Monday April 01, 2019 @02:18PM
(#19546379)
Much smaller. Their revenues are in the range of $115 billion/year (compared to ~265 billion for Apple), but they are in a range of much lower margin businesses. Meanwhile, Apple sells a line of extremely high margin items. It's estimated that iphone X parts cost around $370 to make, for a phone that sells for $1000.
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