Apple's New iPhone 12 Lineup Could Be Less Profitable
Despite the fact that Apple (NASDAQ: AAPL) seems to be nickel-and-diming customers by omitting EarPods and a charging brick from now on, the new iPhone 12 lineup might still be less profitable than previous iPhones. While the company framed that decision as a boon for the environment, the cost-saving implications are just as apparent. However, higher component costs might offset those savings -- and then some.
Here's what Apple investors need to know.
Image source: Apple.
Source Fool.com
