An even more basic critique of Eric’s post, do that math against ANY successful product, and you would see margins even greater than what Apple is making on FCP. BTW I think his estimate is low.
But when I think back on it, over the years and upgrades, I have probably paid more than $5,000 for my FCP, to think I could get the latest version for $999 is just ludicrous. And yes, it does make me feel a little ripped off.
Have a wonderful day.