Apple gross margin on services rises to a new record high

Apple posted its quarterly earnings last night, with generally strong performance. One standout point was the company’s ability to continue to expand its gross margin on the ever-growing services division.

In fact, Apple recorded a new all-time high for gross margin on services this quarter, *at 75.7%*. That figure is based on costs of $6.46 billion on sales of $26.64 billion.

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