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Old 02-18-2010, 10:08 AM   #12
Bremen Cole
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Posts: 1,115
Karma: 2718
Join Date: Dec 2009
Location: Texas
Device: iPad
Quote:
Originally Posted by FireRunner View Post
There has been numerous articles on the profit margin of the iPad - it's 42.7% (or 42.9%, forgot which one it is). Reports have already stated Apple will drop the price drastically after a few months to start a buying frenzy. They want to sell to everyone who will buy at the high price, then lower it to grab more people who didn't purchase at the high price.
Good for them! If I get one (assuming the rumor info is correct) I'll wait for the price drop. Early adopters of any new and hot product always pay a premium...
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