According to an article on PCWorld.com, the new 3G iPhone (available for purchase July 11 — can’t wait!) only costs $173 to make. With the price tag at $199, that means Apple is only making a profit of about $26 per phone. I can’t even fill up my gas tank with $26. But hey, who am I to nitpick? After breaking my own iPhone, it’s only going to cost me half what I originally paid to replace it. Yes!
This article appears in Jun 25 – Jul 1, 2008.
You only pay $199 because AT&T is footing the rest of the cost and hoping you spend a lot of money on 2 years of data and minutes. Try to buy it unlocked and you’re probably paying the old 400-600 prices.