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Philosophical Trader

01/16/21 11:37 AM

#74258 RE: Taur1112 #74256

He was saying he doesn't know and that is OK because neither would Apple. "I cannot answer that with confidence to a specific number." Does he not know how profitable the company's products are? In general a business should try to average 100% margin on goods/services sold. Remember, that is their operating income out of which payroll, benefits, operating expenses are paid out of. An exception would be high volume, low margin retail such as Wal Mart
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imrichbeotch

01/16/21 1:20 PM

#74263 RE: Taur1112 #74256

Exactly how I interpreted his response. Why would I divulge that info to the world. Notice is other response “I can tell you it’s profitable”