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Cake day: July 1st, 2023

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  • Apple’s actually somewhat of an exception here. They actually make most of their profit from hardware, not services. In the first half of this year, Apple has made $167 billion in product sales, and $53 billion in services sales. Their cost of sales for products was $103 billion for products, and $13 billion for services. That gives $64 billion in profit from products and $40 billion in profit from services. So about 62% of Apple’s profit comes from product sales.

    Teardown reports of iPhones indicate that an iPhone 15 costs $423 to make but costs $799, giving a profit margin of about 47%. This doesn’t account for shipping though, so the actual margin will be a bit lower.

    Apple profits source Teardown source




  • Most mathematicians, engineers, and scientists don’t use the asterisk symbol for multiplication. Most don’t write any symbol as it’s implicit. If they do use a symbol they would use a dot or x symbol (though never an actual x). In mathematics, the asterisk is mostly only used to represent convolutions.

    Most common:

    abc

    Less common:

    abc

    a × b × c

    Never:

    a * b * c

    While to most people this doesn’t really matter (and should feel free using * for multiplication). It shows someone with minimal formal experience in mathematics using this formula