22 Oct
2013
22 Oct
'13
1 p.m.
This will give us a very rough gross profit margin of Cubie.
Why need to know this?
Some 25% of sell price in China or seller be writing cheques to customers.
If real CN factory, then about 15% but only if real sustained month on month volume is there to buy and manage large stock runs. Otherwise you be abusing factory facilities and running a non-sustainable operation at those profit levels.
In West it is 75% of shop display price or somebody in the supply chain be writing blank cheques to customers.