Apple iPhone margins 55 percent
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The most expensive iPhone model could  deliver a profit margin of more than 55 percent for Apple Inc.   after hardware and manufacturing costs, according to  iSuppli, which examined the components of the widely  anticipated device.
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The huge gap between the number of iPhones sold by Apple and the number activated by AT&#38;T can't be explained by international sales or unlocked units alone.
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AT&T Inc.  sold almost all  its initial stock of Apple Inc.&#39;s  iPhone within hours  of the device going on sale, an AT&T spokesman said on  Saturday.
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Apple Inc's  hefty iPhone  price cut pits it in direct competition with handsets from  Motorola Inc  and Palm Inc , which are  struggling to convince Wall Street they can turn around their  aging brands.
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Few would pay Apple's $500 asking price for the iPhone, although it would be a big seller if it cost less, a survey has found found.
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AN FRANCISCO  - Some of the first iPhone buyers were divided about the news that Apple is slashing its price by $200, barely two months after the cellphone was launched.
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Apple's iPhone accounted for just under 2% of smart phone sales in July, making it the best-selling smart phone in the U.S., a market study says.
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The most expensive iPhone model could deliver profit margins of more than 55 percent for Apple Inc. , according to iSuppli, which examined the components of the widely anticipated device.
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Announcing its  fiscal 2007 fourth quarter results, Apple reported today that it had posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share. These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter. Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter. In the fourth quarter, Apple shipped 2,164,000 Macs, representing 34% growth over the year-ago quarter and exceeding the previous quarterly record for Mac shipments by 400,000. Apple also sold 10,200,000 iPods (representing 17% growth over the year-ago quarter) and 1,119,000 iPhones, bringing cumulative fiscal 2007 iPhone sales to 1,389,000.
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Apple Inc. iPhone owners, annoyed by the company's decision this week to cut iPhone prices by $200, returned to the fold after CEO Steve Jobs said early buyers would get a $100 store credit.
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Apple hit its target for iPhone shipments a few weeks ahead of schedule, and one analyst thinks the price cut accounted for more than 100,000 sales last week and into the weekend.
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Apple Inc.  and AT&T Inc.   said on Tuesday they will offer three price plans,  starting at $59.99 per month, for the widely anticipated iPhone  that is set to go on sale this week.
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AT&T Inc , the exclusive U.S.  carrier for Apple Inc's  iPhone said on Thursday it  ended 2007 with "just at or slightly under 2 million iPhone  customers."
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Apple Inc. on Monday said the battery of its iPhone will be better than expected, providing up to 8 hours of mobile phone talk time or 6 hours of Internet use.
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Apple said it would credit $100 to customers who bought an iPhone at the full price of $599, after early adopters of the cellphone complained about yesterdayâs price cut.
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Apple Inc. and AT&T Inc. said on  Tuesday they will offer three price plans, starting at $59.99  per month, for the widely anticipated iPhone that is set to go  on sale this week.
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NEW YORK -- Apple Inc.'s shares jumped in high-volume trading Tuesday after researchers said the company will reap a gross profit margin in excess of 55 percent on its 8 gigabyte iPhones.