Apple has reported the largest quarterly profit ever made by a public company. This is largely thanks to record iPhone sales of 74.5 million units over the Christmas period. With prices starting at $649 for the iPhone 6 in the United States and costing more than $1,000 in many other parts of the world, it’s no surprise.
Apple products cost varying amounts the world over. The company has justified these price differences by citing different taxes in different countries, as well as additional costs associated with supply chain, logistics, and other, nonspecific business costs. As a result, customers outside of the United States can pay up to 25 percent more for products. But even in the United States, the margins the company makes on its products are huge.
