Every time a new Apple device comes out, there’s a general commotion as analysts try to break it down atomically into its base elements, weigh the dust and figure out how much it all cost Apple to build, thus extrapolating how many oodles of money Cupertino’s raking in with each gadget sold.
For the new iPad, the initial estimates are in, and surprise! Despite improving the iPad’s battery, display, wireless internet speeds and GPU, Cupertino’s making a healthy profit on each iPad sold.
