this post was submitted on 07 Jul 2025
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[–] seeaya@lemmy.world 28 points 1 day ago (1 children)

Apple’s actually somewhat of an exception here. They actually make most of their profit from hardware, not services. In the first half of this year, Apple has made $167 billion in product sales, and $53 billion in services sales. Their cost of sales for products was $103 billion for products, and $13 billion for services. That gives $64 billion in profit from products and $40 billion in profit from services. So about 62% of Apple’s profit comes from product sales.

Teardown reports of iPhones indicate that an iPhone 15 costs $423 to make but costs $799, giving a profit margin of about 47%. This doesn’t account for shipping though, so the actual margin will be a bit lower.

Apple profits source Teardown source

[–] otacon239@lemmy.world 8 points 1 day ago

I stand corrected. You learn something new every day.