Apple’s gross margin is highest its been in 9 years

Apple’s gross margin for Q2 2021 was 42.5%, achieved in large part through a strong iPhone sales mix.

Apple gross margin highest its been in 9 yearsApple gross margin highest its been in 9 years

The gross margin has remained at around 38% for years, but strong sales across each product line boosted the profits to a new second quarter high. A combination of several factors affected the gross margin, with popular high-end iPhones being a major contributor.

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