iPhone to Account for 68% of Apple's Gross Profit This Year

March 20th, 2014
in News, econ_news, syndication

by Felix Richter, Statista.com

Pacific Crest analyst Andy Hargreaves put out a note this week expressing his optimism regarding Apple's short term outlook.


Follow up:

He believes Apple is planning to release a 4.7-inch iPhone 6 this year that could come with an even higher price tag than the iPhone 5S.

Hargreaves expects Apple to sell its first larger-screen iPhone for $299 with a two year contract, which would be $100 above what Apple currently charges for the 5S.

At such a price point, the highly-anticipated large-screen iPhone could not only boost sales, but also improve Apple's stagnating profit margins.

Given the fact that the iPhone is already Apple's biggest cash cow (see the chart for a breakdown of Apple's estimated 2014 profit), the prospect of improved margins on a top-selling new iPhone will bode well with Apple's shareholders who are keenly waiting for Apple to reignite its stuttering growth engine.

Infographic: iPhone to Account for 68% of Apple's Gross Profit This Year | Statista
You will find more statistics at Statista

 

 















Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.












 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved