- Forum: iPad
did you see my profit calculation? Apple is only making about $50 for each iPadmini sell. Apple is basically steering people away from a product that is not profitable at all. Sell Price: $399Cost of Goods: $280 (based on 30% gross margin)Admin/Selling/R&D/Tax: $60 (15% of sell price)Profit: $60 iPadAir probably makes close to $100 profit per unitiPhone PLUS probably makes close to $300 profit per unit Having the Mini canabalize Air/PLUS sales would be devestating.