For a long time, Apple has made ungodly sums of money from the iPhone, which has traditionally been its most profitable product. However, the launch of the Apple Watch may be about to give Apple an even more lucrative cash cow. 9to5Mac points us to a new research note from Think Big Analytics principal analyst Carl Howe, who believes that the Apple Watch is on track to be the most profitable Apple product ever with average gross margins of more than 60%.
Why the Apple Watch might be Apple’s most profitable product ever