That distinction makes sense. I find Apple interesting in that even their "loss leaders" seem to be profitable, and more, that though they could throw tons of money into something like ebooks to try to hurt Amazon, they wouldn't. Though now I wonder where Apple TV fits in this, since it can't possibly have the same kind of margins that other products do.
Why not? The apple tv must be significantly cheaper in terms of components than an iphone. Its has no touch screen, battery, sensors, or 3G Radio. Why can't this be made for well under $100?