Tag Archives: profits

Apple’s iPod Shuffle Yielding Tremendous Profits

Want to know why Apple has so much cash in the bank? It’s due to the innovation of Steve Jobs combined with the cost-efficient microeconomics of Apple. The company’s latest version of the iPod, the iPod Shuffle, apparently only costs 28-percent of its retail price, $79, to make. That leaves Apple with nearly $57 profit for each player sold. That ...

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