Quote:
Originally Posted by Bertuzzied
Hmmm in other news, the iphone 5 costs apple an insane $370 to make! Seriously??
The analyst wrote in his research note that the cost of goods sold for the iPhone 5 in the December quarter will rise to $370 from $353, which will bring the gross margin for the phone down to 38.8 percent from 40 percent. That meant that the analyst’s earnings per share forecast for Apple for the quarter dropped to $14.76 from $15.28. For all of fiscal year 2013, the EPS estimate was cut to $51.49 from $53.36.
http://wallstcheatsheet.com/stocks/a...or-apple.html/
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Unless Apple has ridiculously higher non-production costs compared to their competitors, then pretty much every top end phone is up in that range. Most estimates have the materials and manufacturing costs for the iPhone to be in the $205-210 range which is right around estimates for the Galaxy S3 (about $200), the Note 2 (about $220), and HTC One X (about $190).