In Good Company with Nicolai Tangen · Sep 16, 03:00 AM UTC
Apple's 30% gross margin cited as benchmark for car industry goal
Historical operation · Retained
“we set a goal for ourselves of gross margins equal to Apple. And Apple's gross margins are roughly 30%. The car industry's gross margins are roughly 10.”
Quoted source · 09:53–10:05 · 4 source segments
- [1] 09:53–09:58
- [2] 09:55–10:00
- [3] 09:58–10:02
- [4] 10:00–10:05
Model assessment
The transcript mentions Apple's gross margin of roughly 30% as a benchmark for the speaker's company goal, but this is a historical comparison with no new information about Apple's current fundamentals or a catalyst for the stock.
4 exact transcript citations