As services become a bigger part of Apple’s business, the company continues to deliver higher profit margins for investors.
Apple's gross profit margins in its fiscal first quarter were 46.9% of total revenue, its best gross margins in at least 10 quarters, according to FactSet, compared with 45.9% in the year-ago quarter.
Here are the variables needed to compute a break-even sales analysis: Gross profit margin Operating expenses (less depreciation) Annual debt service (total monthly debt payments for the year ...