tangozulu
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Quote: Originally Posted by Red Oak That is the gross margin. The 25% is their net income % after all expenses. It is what is used to calculate the P/E ratio. I believe the actual percentage was 28% last quarter Gotcha. Sorry for the confus…
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Quote: Originally Posted by Red Oak Doing some quick math, Apple would need to sell at least 400 million iPhone and iPads a year at $625 ASP and 25% margin to have a shot at $80 per share 400 million x $625 = $250 billion revenue x 25% margin…