30%?
"But the point is that this closed loop with Apple as its spoke, they are the first purchaser of that 30 percent markup."
If Apple takes a 30% cut then the markup is surely 43%. Or do I misunderstand?
"But the point is that this closed loop with Apple as its spoke, they are the first purchaser of that 30 percent markup."
If Apple takes a 30% cut then the markup is surely 43%. Or do I misunderstand?