The iPad Air that sells for $499 costs Apple Inc. $274 to make. That’s a 13% decrease from Apple’s cost of $316 to make a comparable iPad from the third-generation model introduced last year.

Based on the cost of production and sale price, Apple is charging an 82 percent markup on the iPad Air.

Apple now has more product offerings. And Apple now sells its products in more places. But for the third consecutive quarter, Apple does not have more profit.

On Monday, Apple reported a profit of $7.5 billion for the fourth fiscal quarter, on revenue of $37.5 billion, down from earnings of $8.2 billion on $36 billion in revenue during the same period last year.

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Good news! New 13” (like mine) would sell for $1,299, which was price I paid three years ago.

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In a minor decision this week, Judge Denise Cote limited the state statutory penalties Apple faces after being found liable for conspiring with five major publisher to fix e-book prices at its June trial. While Apple remains on the hook for damages, as well as some state penalties, Cote’s ruling will likely knock a little off the final amount Apple could eventually be ordered to pay.

The right-wing billionaire brothers just bought one of Apple’s key suppliers, meaning lefty Apple lovers are about to be lining the pockets of their No. 1 political enemy.

In a revision of its proposed injunction, DoJ attorneys took judge Denise Cote’s suggestion to heart, and agreed to stagger the renegotiations of Apple and the publisher defendants. Under the revised proposal, Apple must still terminate its current e-book agreements with the defendant publishers, but rather than five years, the ban on using straight agency now ranges from two to four years.

Under the revised proposal, Apple and Hachette would be the first to be free to renegotiate a straight agency deal, 24 months “after the Effective Date of the Final Judgment.”

HarperCollins would be next, at 30 months.

Simon & Schuster comes third, at 36 months.

The final two publishers to settle come last, with Penguin allowed to renegotiate at 42 months after the Effective Date, and Macmillan at 48 months—a full four years—after the Effective Date.

That Macmillan comes last is no surprise, as both DoJ attorneys and Judge Cote have repeatedly cited Macmillan CEO John Sargent for his defiance, and for his “non-credible” testimony at Apple’s trial. It probably did not help that Sargent called DoJ attorneys “incompetent” at an event in May of this year, just days before the Apple trial began. 

Apple was dealt another setback in its e-book price-fixing case late Friday afternoon, as Judge Denise Cote denied Apple a stay of all proceedings pending its appeal. And in a ruling that led to a tense exchange with Apple lead counsel Orin Snyder, the judge also denied Apple’s proposed schedule for its damages trial, and ordered the parties to finish discovery by the end of December, 2013 with summary judgment motions to be fully briefed by February 28, 2014.

The five settling publishers in the Apple e-book price-fixing case this week jointly filed an objection with the court claiming that the Department of Justice’s proposed punishment for Apple unfairly alters their settlement agreements.