Apple’s share price might be tumbling and its margins might be squeezed, but the company still holds one title that it likely won’t lose anytime soon: Apple makes the most profitable product in America. MarketWatch this week put together a slide show (sorry) of the eight most profitable products in America. There are plenty of longtime profit powerhouses on the list such as Coca-Cola soda and Marlboro cigarettes, but Apple’s iPhone now sits atop the pile thanks to its 40% margin and sky-high sales volumes. For those who want to see the full list of America’s most profitable products, the full slide show is linked below in the source section.
Apple’s iPhone is the most profitable product in America
Published Jun 28th, 2013 11:45AM EDT
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Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
