However, to even have the capability of making an iPhone for less than the cost of a lunch in San Francisco is a skill, one China has shown again and again. Many another country wishes it had such a demonstrated skill. Were China ever able to gain some of the software and industrial design skills of a company like Apple, they would be even more of... See more
Subscription gross profit: To calculate the annual subscription gross profit, take the annual revenue per subscriber and subtract the cost of goods sold (COGS). If the average monthly subscription for the business is $10 per month, for example, with $5 in monthly COGS, the annual subscription gross profit is $60.