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Samsung to pass Apple lawsuit cost to customer

Samsung has over a 50% profit margin on the Galaxy Note 10.1, that cash will be used to pay Apple ve

| Business, Financial & Legal News | Posted: Aug 31, 2012 4:28 pm

Research company iSuppli has some interesting data on Samsung's tablet cost and price that shows just how much profit they are making off of us. And likely, that profit will go to pay Apple after their recent victory over the Korean giant. In other words, we will be paying Apple for Samsung losing in court.

 

TweakTown image news/2/5/25602_1_samsung_to_pass_apple_lawsuit_cost_to_customer.jpg

 

Apple is the king of making 50 percent profits, but apparently Samsung, who, according to the courts, "learned" from the best, is not too far behind. On the Galaxy Note 10.1, their profit margin is 54 percent which is just incredible. Profit margins like this really only occur in the technology sector, and even then, it's somewhat rare.

 

On the Galaxy Note 10.1 Wi-Fi, the profit margin is a bit lower, sitting at only 48 percent. Even still, it begs the question, how much profit should they ethically be making? They could be providing us these devices for cheaper and still turning a profit, so why aren't they?

NEWS SOURCE
Kitguru.net

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