Apple Making Fortune From iPhone Addicts

It amazes me to see so many people rush out to buy every new iPhone that Apple introduces to the market.

It’s one thing to want to upgrade if you need to upgrade or if you are having problems with your current phone, but to buy just because it’s new is beyond logic.

What’s more is that Apple is making a fortune from all of the iPhone addicts around the world.

How much are they making?

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A new report indicates that out of the $1,249 for the iPhone SX Max, Apple makes about $806 in profit, a markup of about 182% from the $443 it costs them to make each phone.

(BGR) – The iPhone XS and iPhone XS Max start at $999 and $1,099, and go up to $1,349 and $1,449, respectively. They’re anything but cheap, although there are plenty of ways to make those prices more tolerable. But how much does it cost Apple to manufacture them? The first bill of materials for the 256GB iPhone XS Max, priced at $1,249, says it cost Apple just $443 to manufacture this model.

The figure comes from TechInsights’ teardown, and it’s less than $50 more than the estimate for last year’s 64GB iPhone X, which TechInsights believes it cost $395.44 to make. However, as any bill of materials for iPhones and other handsets, these are estimates that will never be confirmed by smartphone vendors.

The most expensive iPhone XS Max component is the display, the teardown explains, which cost $80.50, compared to $77.27 for last year’s iPhone X. Apple paid just over $3 more for the Samsung 6.5-inch display that goes into the XS Max than the 5.8-inch Samsung OLED screen inside the 2017 iPhone X.

To pull it off, Apple removed certain 3D Touch parts in the display, TechInsights says. “All told, what they took out adds up to about $10, so this $80 estimate would have been about $90,” TechInsights’ Al Cowsky told Reuters. “They had a trade-off in cost.” …

Every time an iPhone addict rushes out to spend the outrageous price for each new iPhone, all they are doing is padding the pockets of Apple CEO Tim Cook and his cronies.

You also need to realize that Cook and others at Apple are Democrat supporters and use some of your money to help with the campaigns of the very people most of you oppose.

Why give Apple your money if they use it for what you stand against?

Don’t be an Apple addict and stop supporting Tim Cook and his Democrat friends.

READ MORE HERE

 

The opinions expressed by columnists are their own and do not necessarily represent the views of Barb Wire.

David Jolly
R.L. David Jolly holds a B.S. in Wildlife Biology and an M.S. in Biology – Population Genetics. He has worked in a number of fields, giving him a broad perspective on life, business, economics and politics. He is a very conservative Christian, husband, father and grandfather who cares deeply for his Savior, family and the future of our troubled nation.

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