Apple iPhone now the most profitable product in America

According to a new 24/7WS report, the Apple iPhone is now the profitable product in the U.S. Beating out long-time staples like Coke and Marlboro cigarettes, the iPhone topped the list, thanks to a huge profit margin and tens of millions of sales. In 2012, $80.5 billion of Apple's revenue came from iPhones, and the company sold 125 million units last year, with that number expected ... [ read the full article ]

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