Apple Reports Largest Profit In Holiday Quarter For Any Company In History

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McDonaldsGuy said:

Mummelmann said:
Just shows how skewed their profit margins are compared to others, in other words; how overpriced their products are. I know a few people who work in electronics and they say that Apple products yield the smallest profits at retail since Apple themselves and their distributors take a larger piece of the pie.

Regardless of my personal feelings on Apple though; great work and congratulations on a fantastic holiday season.

I don't like how Apple (and many of its fans) tries to paint itself as a "luxury" brand when they use Chinese sweatshops.

Most luxury brands outsource manufacturing to China. Luxury brands like Louis Vuitton and Burburry apparently have most of their high volume manufacturing done in China and then simply just assemble the pieces in Europe to be able to slap a 'Made In Italy' or 'Made In France' sticker on them.