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Old Oct 19, 2011, 12:37 PM   #2
Completely Bonkers
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Amazing. Apple is a rare company that can achieve 40% gross margins. Hats off! And $100 billion turnover is incredible! If the average apple product is $500, that means they are selling 200 million devices per year. It means "everybody" owns an apple product.

There were two schools of MBA business thought:

1./ Make a million $ off each customer (and only have a few customers), or
2./ Make a few $ off each customer (and have millions of customers)

But apple broke the rules:

3./ Make hundreds of $ off hundreds of millions of customers.

10/10
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Last edited by Completely Bonkers; Oct 19, 2011 at 12:43 PM.
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