Apple Watch retailed for $349 in 2015,and the firm was predicted to sell millions of units.The firm's total cost in terms of materials and labor for the Apple Watch was no more than $84.Thus,Apple's profit for each watch sold is an estimated $265,with a profit margin of _____ percent.

Question

Quizplus · Accepted Answer

Apple's profit for each watch sold was an estimated $265, with a profit margin of 315 percent.

Apple Watch Retailed for $349 in 2015,and the Firm Was