Wednesday, April 06, 2011 3:53:45 PM
With a production cost of at most 1$ and a retail price of 34,95 the price for wholesalers should be around 11-15 givin them at least 10 $ gross profit per unit. Sales of 10 million units would give them 90 million of gross profit warranting a company value of 1.35 billion.
Therefor, the 1 $ mark pps is not imaginary.
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