A new report shows just how much money Google is making from each PixelWatch sale and, as it turns out, it's a lot.
A new report has revealed the profit margins for the Google Pixel Watch, and it looks like Google is taking home a lot more than its competitors.
Obviously, a company like Google has to make money, but a 69% profit margin feels a little steep. Apple, which is famously known for having the highest profit margins in the mobile industry, had profit margins of 66% for the Apple Watch Series 6, which initially retailed for $400. While that’s only 3% less than Google’s margin, Apple Watches are able to justify their price better thanks to the “high integration of in-house hardware and software,” as Counterpoint points out.
At the end of the day, there’s not much to be done to make Google lower its prices. However, it can help prospective Pixel Watch buyers be a little more informed about what exactly they’re buying. As mentioned above, high profit margins are an industry standard, especially when it comes to Apple devices, but the level of quality just isn’t quite there yet for the Pixel Watch.
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