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There is No Reason for Apple to be at $609 – Forbes

Saturday, October 20, 2012 20:10
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Forbes
There is No Reason for Apple to be at $609
Forbes
CNBC had countless reports running that no one can make money in mobile. Wrong. Apple can. Apple has gross margins in excess of 40%, and 96% of Apple's revenues are related to mobile. Concerns that the mobile market is “mature” are also overblown.



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