How the iPhone Gouges You
Want to know how much Steve Jobs is gouging you on that pretty little underpowered toy you call the iPhone? Consider this: the iPhone has the highest profit margin in the entire handset industry, at a whopping 40%. Even though the iPhone accounts for only 8% of the industry’s revenue, it rakes in 32% of the industry’s profit.
Amazing how much some people will pay to play in a walled garden. Apple fanboys are suckers.
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- Vodafone UK also gets the iPhone. Let the bun fight commence!
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