Apple doesn't make that much money on each iPhone.
Seems like neither iSuppli or CNET understands the concept of full costing. A bill-of-materials is just that... only measures the materials used.
Direct labour + allocated overhead will take a significant chunk out of the estimate provided by iSuppli.
Simply put, Apple definitely isn't reporting $333 of profit for each iPhone sold.
In reply to: "Teardown analysis estimates nice margins on the iPhone"
July 4, 2007
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