Apple 'makes $420 on each iPhone sold'

Industry watcher iSuppli says that the new iPhone 3GS costs Apple just $178.96 to build. The 16GB iPhone 3GS only costs the company three percent more to make than last year's model, with a bill of materials totalling $172.46 plus $6.50 in manufacturing costs, says the company.

Apple's US carrier, AT&T, sells the 16GB iPhone 3GS at a subsidized $199, but industry watchers reckon that AT&T and other carriers cough up around $600 per phone. In the UK, Apple's carrier of choice, O2, sells a pay as you go 16GB iPhone 3GS for a whopping $719.85.

"The actual price of the phone paid by the service provider is considerably higher," says iSuppli's Andrew Rassweiler. "Reflecting the common wireless industry practise of subsidizing the upfront cost of a mobile phone and then making a profit on subscriptions.

Apple claims it sold a million iPhone 3GS phones in the three days following its launch, which would equate to a cool $420 million profit if iSuppli's numbers are accurate.

(Via TG Daily)

Comments

Post a Comment

Popular posts from this blog

Make Subscription Boxes Great Again: An open letter to Funko

Image
Dear Funko, I hope you read the following in the spirit of constructive criticism with which it is intended. I've been collecting Funko POPs! since 2011. At that time, my meager little collection included only Disney villains. Since then, things have gotten progressively more diversified. Last year, I jumped on the subscription box bandwagon for the first time. My first box was the Women of DC | Legion of Collectors box. It was a blind buy but I was sure that, with so many amazing heroines to pick from, the selection would be phenomenal. I was not disappointed: The Wonder Woman Invisible Jet, the un-Funkoed heroines tee, the artisty Batgirl patch. I didn't even mind the Harley Quinn pin. And that Hawkgirl POP! remains one of the crowning jewels of my collection.   The next Legion box was to be the Villains of Batman so I stuck around. That too was a terrific box. Euphoric with excitement and never being party to legendary comic rivalries, I quickly su...
Read more

Regarding the Barry Manilow concert in Coral Gables

Image
[ Editor's note ] Three monumental things have happened to me at the BankUnited Center. In 2004, my high school held its graduation ceremony there. In 2008, I heard presidential nominee Barack Obama speak about the future. And this past Saturday night, I saw the incomparable Barry Manilow perform in concert. To say that Barry remains every bit the superstar I was hoping for is putting it mildly. At 67 years young, he brought all the magic, the smiles, and the bandstand boogie he's famous for and then some. Funny, talented and charmingly self-deprecating, Barry Manilow remains without equal. Admittedly, the night started off rather poorly. Barry’s opening act was a man named Gerry McCambridge who has allegedly been wowing audiences at Planet Hollywood in Las Vegas since 2005. As the creative force and inspiration behind the TV show The Mentalist , McCambridge's schtick is to do clever things with numbers. Honestly, I've never thought that doing anything with numbers w...
Read more

Ric Alonso resigns from pageant association after porn revelation

Image
Kevin Hogan wasn't the only person this week ambushed out of a job for his participation in the gay adult film industry. FOX News reports : Ric Alonso and his partner of 21 years, Ernie Koneck, have both been both prominent power players in the Southern California Scholarship Association — an incorporated not-for-profit association — which produces the Miss Hollywood pageant, an official preliminary to Miss California, and a feeder to Miss America. Alonso is listed as the first “major sponsor” for 2011 scholarship donations, while partner Koneck has been the pageantry point of contact and is featured in photographs alongside the smiling young sashed pageant contestants. On Tuesday, Alonso was exposed by RadarOnline as adult film actor and producer "Jake Cruise". FOX News adds: Following the revelation, Koneck announced his resignation Tuesday as Executive Director of the Southern California Scholarship Association, and said Alonso was in no way involved in the Miss Holl...
Read more