The conversation between human and AI assistant.
How does Apple maintain high profit margins on all their products?
I see. But doesn't requesting such a high price tag on their products hurt their sales?
Actually, the opposite may be true. Apple's pricing strategy targets a specific segment of the market, which is willing to pay more for the perceived value of Apple's products. Additionally, higher prices can convey a sense of exclusivity and prestige, which further enhances the brand appeal.