Thread: The Apple iPad will cost no more than $ 229.35
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Old 02-18-2010, 02:36 PM   #18
mores
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Join Date: Sep 2007
Location: Vienna, Austria
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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.
That would be a first ... Apple is known for sticking to prices.
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