“Hardware brought in a much bigger 307 billion in revenue but with a gross margin of only 37 it produced about 113 billion in gross profits”

Great Business Stories · Tim Cook: Who Would Have Thought?

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21:45

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What was described

generated $307 billion hardware revenue in 2025 with 37% gross margin

$307 billion revenue, 37% gross margin, $113 billion gross profit

Said nearby on the same subject

“We have improved the budget position over the last four years by around $230 billion… gross debt in 2025-26 was $197.6 billion… saving around $70 billion in interest costs.”
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Said on Australian Parliament: House of Representatives
Why it worked $230 billion improvement, gross debt $197.6 billion in 2025-26, $70 bi… Share this moment
“There's a lot of reporting showing that the gross profits for serving the models are, you know, the gross margins are positive.”
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Said on Operators
Why it worked ≈90% gross margin Share this moment

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