Question: According to a March 3, 2012, EETimes.com article, Apple enjoyed a 75% gross margin on its iPad 2 when it was first released in

According to a March 3, 2012, EETimes.com article, Apple enjoyed a 75%

According to a March 3, 2012, EETimes.com article, Apple enjoyed a 75% gross margin on its iPad 2 when it was first released in March 2011. (a) Given that the iPad 2 sold for $900, what was the cost to make it, assuming the 75% gross margin? (Round answer to 2 decimal places, e.g. 0.38.) Cost $

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