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It is 2021... Covid is over !!! The Apple IPhone 12 sold in 2020 for $900/...

It is 2021... Covid is over !!!

The Apple IPhone 12 sold in 2020 for $900/ phone, while it cost Apple $400/phone to manufacture the phone.

Now, in 2021, with Covid over and 5G infrastructure in place, Apple is looking to sell the IPhone 13 to customers for $1200/phone,

while manufacturing the phone for $550/phone.

What is the Incremental Revenue for the IPhone 13

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Answer #1

Price per share in 2020 = $900

Price per share in 2021 = $1,200

Incremental revenue = Price per share in 2021 - Price per share in 2020

= 1,200 - 900

= $300

Incremental Revenue for the IPhone 13 is $300

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