GOOD HARVEST FOR APPLE

Interesting tidbit from Business Week on the iPod Nano and Apple's profits from it vs. expenses on it:

"The verdict? It costs Apple $90.18 in materials to build the unit and $8 to assemble it, leaving a profit margin before marketing and distribution costs of about 50%. That's consistent with the margins on earlier iPod versions and serves as a reminder of what a profit machine the iPod family of products has become for Apple since it was introduced in 2001....Thus far in fiscal 2005, the iPod has brought in $2.6 billion in revenue, accounting for about 25% of Apple's total."

Full article:Businessweek - Apple Nano