Apple’s share price might be tumbling and its margins might be squeezed, but the company still holds one title that it likely won’t lose anytime soon: Apple makes the most profitable product in America. MarketWatch this week put together a slide show (sorry) of the eight most profitable products in America. There are plenty of longtime profit powerhouses on the list such as Coca-Cola soda and Marlboro cigarettes, but Apple’s iPhone now sits atop the pile thanks to its 40% margin and sky-high sales volumes. For those who want to see the full list of America’s most profitable products, the full slide show is linked below in the source section.
Source : BGR