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To: Olog-hai

Irish double tax evasion, or something like that.
..............

iPhone8s
costs $14 to buy wholesale in China.

sent to Ireland for $400 worth of ‘’’programing’’’
bought by Apple-USA for $450.

sells for $600

https://en.wikipedia.org/wiki/Double_Irish_arrangement


20 posted on 08/15/2016 3:07:50 AM PDT by RockyTx
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To: RockyTx

I think $14 was the cost of assemblying an iPhone from the components, but the components cost a lot too.


23 posted on 08/15/2016 3:46:35 AM PDT by Krosan
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To: RockyTx
I hate the fanboi's, but it doesn't cost $14 anywhere.

Component costs for the new 16GB iPhone SE are estimated to be at about $160, according to a preliminary teardown report from IHS iSuppli.

And thats just for the SE

32 posted on 08/15/2016 7:11:42 AM PDT by Paradox (Opinions can evolve, but Principles should be immutable.)
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