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Apple (NASDAQ:AAPL) makes wider margins on iPhone sales than on iPads, according to documents recently unsealed for an upcoming patent trial versus Samsung.
According to the documents, the Cupertino-based company earned gross margins of 49 to 58 percent on U.S. iPhone sales between April 2010 and the end of March 2012. The iPad had much lower margins between October 2010 and the end of March 2012, seeing profits between 23 and 32 percent.
During the period reported, U.S. iPhone sales generated revenue of more than $33 billion, while the 17 months detailed in the court filings brought in $13 billion in iPad revenue. Neither amount includes marketing costs or any other related expenses beyond production and packaging.
The filing was unveiled today in a statement by an Apple expert witness, though Apple has declined to comment on the filing itself. Apple goes to trial on Monday in San Jose, California, where it will be seeking roughly $2.53 billion in damages, which could potentially be tripled if Samsung is found to be in willful violation of Apple’s patents. Further, Samsung could find sales and imports of some of its phones and tablets permanently barred in the U.S.
Shares of Apple (NASDAQ:AAPL) are trading higher 1.78% at $595.56 per share Monday.
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