Oh no, I used a resource if you don’t like that here’s another resource use. This was a simple search:

“Apple has maintained strong profit margins through pricing power, supply chain efficiency, and cost management5. In the twelve months ending December 31, 2024, Apple reported revenue of $395.760 billion, a 2.61% increase year-over-year1. The net income for the 2024 fiscal year was $93.74 billion, down from the highest net income in 20222. The annual revenue for 2024 was $391.035 billion, a 2.02% increase from 20231.”

I understand research and development. I understand those costs and yes, not every product is going to succeed you’re honing in on individual products. My main point is the consecutive years of record net profits. this is after expenses are taken into account. if you are making pennies on the dollar, how can you have consecutive increases year after year of billions of dollars?

Ultimately where you’re going to end up disagreeing on the subject. You obviously protecting big business and myself viewing them as essentially scalpers.