Google Nexus Priced To Bite Into Apple?s Low End

Considering that Apple derives about 70% of its profits from iPhone and enjoys hefty gross margins, the fact that Google can bring to market a somewhat comparable phone at about half the price shows that risks in Apple stock price are generally under appreciated.

Source: http://www.forbes.com/sites/greatspeculations/2012/10/31/google-nexus-priced-to-bite-into-apples-low-end/

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