A technology website estimated that the cost of materials and components in Apple's IPhone $11$ Pro Max was $$490.$ Apple was selling this phone for $$1,099$

Source: Daniel Yang. Stacy Wegner, and Albert Cowsky"Apple iPhone $11$ Pro Max Teardown,"

techinsights.com, October $1,2019.$

Can we conclude from this information that Apple was making a profit of about $$609$ on each of these iPhones? on each iPhone

B$.$ Yes, Apple was making a profit of $$1,099-$$$490=$$$609$ on each iPhone than $$609$ on each iPhone. each iPhone