Quote:
Originally Posted by Senator Clay Davis
Samsung's profit is indeed rising, and Apple's is falling, though for Apple its a cost issue more than anything. Bertuzzied put up the link but the costs relating to the iPhone 5 keep going up, driving down profit expectations. I think Apple will miss expectations again in January.
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$370 to make an iphone, a product they are going to sell over 20 million units of is INSANE!
They needed to move their plants from China to Vietnam or Indonesia.