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Tim Cook

Courtesy of CNN Money Dot Com

The new Apple IPhone released this past weekend with its 6th version of the phone.   The new phone debuted with long lines and overnight camping from consumers.  The phone has been a major success sales wise with total sales of 10 million from September 19-21, 2014.  This does not come as a shock considering the hype surrounding the phone that outpaced last year’s sales by 1 million.  However, the statistic that is shocking is the price of the phone for consumers compared to the manufacturing price.  Two versions of the phone, the IPhone 6 and IPhone 6 Plus retail without a wireless phone provider contract for a price ranging between $650-$950 depending on the gigabyte size.  The cost to put one phone together with all of the parts cost Apple $227.  You do the math!  If you don’t believe me, click the link below!

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