Posted on 10/16/2019 2:26:22 PM PDT by dennisw
3 - 1 often. Supply chain, cost of sales, taxes, risk management, real estate, utilities, paying every hand that touches the product. It adds up. Then add in R&D, engineering, etc., for a sophisticated product like an iPhone.
Of course, selling half a billion of them worldwide helps defray some of those costs.
“...however, the $490.50 price tag does not include shipping, wages of people who handle assemble...”
Probably add another .50 cents for the poor Chinese assembler.
I have an 11 Pro Max, and the matching cellular watch.
(and some 30 gigs in just apps...)
They are really quite remarkable, powerful, capable devices.
Before long your grandkids will have “iHats” that will provide
wireless brain /device interfacing.
It will be even harder to keep up.
Bookmarking
I knew a young gal in Denver during the early’90s who was related to the Gotti family. She was a sweetheart.
Most on these pages have no problem with a healthy profit. Some, elsewhere, like to think "when one charges an excessive amount of profit it means someone, somewhere is getting screwed.
My grandfather once told me that during the depression of the 1930's the mantra going around was, "An honest man will never get rich". No doubt that advice was coming from those who also believed Russia had produced a Utopia.
History seems to be repeating itself; this time spurred on by much/most of our education system. That in IMO is where the second civil war ought to begin.
I thought it would be less than that I am actually very surprised it costs this much to make one!!!
“Generally, the general public tend to be ignorant about how businesses run.”
Just like democrats generally.
My Samsung cost <$150 to buy. Does the job just fine and I can’t really think of anything additional I desperately want on it....maybe a better camera but that’s it.
Great point!
Slightly askew of topic, but quite a few rock-and-roll songs are really just bitching about the record company and how much money the suits make off of the sacred artistic labors of the musicians.
I'm thinking of Pink Floyd's album Wish You Were Here, as well as Steve Winwood's Low Spark of High Heeled Boys, and the famous Medley on side 2 of the Beatles' Abbey Road album. That's to name just a few.
Steve Winwood cries about how "the man in the suit has just bought a new car, from the profit he's made on your dreams."
Think about how utterly childish this is. Like no one should make a penny from making it possible for these artistes to get rich from their talents, which no one would ever have heard of if not for the technology and talents of many people, in the studio, in the companies that develop the recording and editing equipment, the marketing, promotion, financing, accounting, insurance, event management, etc., all the things that have to happen to make an international hit record possible.
If you've run out of ideas, and your sitting in your mansion knowing you've got to deliver the next album you owe the record company under the contract that paid for the mansion, and they're bugging you ever few days asking you when the album that's already a six months overdue is, maybe threatening to sue you if you don't cough it up... of course, why not turn your frustration and fear into the material for that album. You can always dress it up with metaphor and abstraction to make it sound deep, but really you're just mad because mommy made you clean your room when you wanted to go out with your girlfriend.
If you want the price to drop, don’t buy it.
Well, there are quite a few folks on FR that don’t understand how it works either. Not saying that’s you...but it’s kind of scary sometimes.
“I have an 11 Pro Max...”
We have two factory unlocked 11 Pro’s arriving tomorrow...specifically wanted the 11 Pro due to the wide angle camera and the ease of capture adjustment. We will use them in real estate/property management.
Oddly, our 3rd cell phone, an inexpensive flip phone just died and I went to the AT&T store and replaced it for $59.99 cash. ALOT less than the new iPhones...
Apple being eaten by their own.
I love it.
He probably uses lots of the other features on his device as well. We paid $99 for several MOTO G6 phones on Prime Day and they are very capable devices. They run the latest version of Android without a hitch. We spent an extra $15 and put 128GB SanDisk micro-SD cards in them. Their 8 core processors have more than enough power, along with plenty of memory, and storage for our needs. They even have 1080 x 2160 screen resolution. Paying 10 or 15 times as much for a device that is basically used for the same purposes, even for an extreme phone connoisseur is a little crazy sounding to me.
If you want on or off the Apple/Mac/iOS Ping List, Freepmail me.
Wow $800! Mine first computer cost me three large. Had 64K of ram and two floppies and an amber composite monitor. Internet was 300 baud.
Good times.
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