The iphone 14 pro max costs $464 to make and retails for $2000
I think this in particular is a spurious claim to make. First of all, that was for a phone that retails for $1,099.
Second, a bill of materials is not the cost of a device. There's research and development, user testing, patents to license, logistics, and of course, software development, unless you think all of those things are done for free.
I think this in particular is a spurious claim to make. First of all, that was for a phone that retails for $1,099.
Second, a bill of materials is not the cost of a device. There's research and development, user testing, patents to license, logistics, and of course, software development, unless you think all of those things are done for free.
Apple's actual profit margin is ~25%.