42 days ago • Posted by Martin Boujol

Improved margins for big tech over the past year

By exploiting their deep ties with millions of users, tech companies have managed to extend their reach deeper into some of the services delivered on their platforms. Apple's move into services, for example, lifted its gross profit margin by 42%, compared to the usual 38% it shows. 

Source: FT

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Improved margins for big tech over the past year
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