Apple Actually Makes $420 On Each iPhone Sold

I recently blogged that Apple's
cost to build the new 16GB iPhone 3G S is around $179 and since it sells for $199 (with a new AT&T plan), $20 seems like chump change. Well,
TGDaily.com is reporting that Apple actually makes $420 on each iPhone sold. How?! Simple, AT&T (and other international carriers) have to pay a speculated $600 per iPhone charge. Makes sense, actually, and the carriers clean up with two year contracts.
Posted at 07:28PM Jun 25, 2009
by Heath McKnight in Cell Phones |