Comment Re:18B on 75B (Score 1) 534
If you run at single digit margins you have absolutely no ability to invest in development.
I agree with you in general, but to be fair that 24% margin is *after* all of the R&D, internal investment, etc, etc. So they could keep everything at the same level, which is among if not the highest in the industry, but 20% drop in price and still make 4%. This is true profit -- after everything else has been paid for -- if it was just an amortized profit per product without all the external costs wrapped in, then yea, 24% is not very healthy to begin with and 4% would put the company out of business.