The Most Profitable Products In The U.S. Are…
So, what do you think the most profitable products in the U.S. are?
Think of things you might use every day.
If you guessed the iPhone, you are one smart cookie.
#1 -- The iPhone has a 40 percent profit margin. That's a big return for those Apple guys. The company made $156.5 billion in 2012. The iPhone made up $80.5 billion of that!
#2 -- Marlboro cigarettes (sold by the Altria Group/Phillip Morris) have a 30 percent profit margin. Altria's smokeable products made $22.8 billion in 2012, and 85 percent of that was on Marlboro cigs.
#3 -- Monster Energy Drinks. When I saw this one, I said really?? I guess so, according to the study from Yahoo! Finance. The drinks made up 92.3 percent of the company's $2.1 billion earnings in 2012.
#4 -- Coke products. 25 percent profit margin.
#5 -- Enfamil Infant Formula. 24 percent profit margin.
#6 -- Folgers Coffee. 23.6 percent profit margin.
#7 -- Garmin GPS devices. 15 percent profit margin.