The same can be evidenced by the sales figures for iPhone 7 and iPhone 7 Plus released by Apple.
The new iPhone 7 Plus seeks to revolutionize the smartphone industry with it 3.5 mm headphone jackless feature.
One such fan reportedly sat in the rain for 18 hours to buy the new iPhone 7.
A single piece of iPhone 7 is being sold to buyers for $649 for 32GB version.
What does it really cost Apple to make one piece of iPhone 7?
And it is marketed by Apple for$649 for the 32GB version.
Which means that Apple is charging you 3 times the manufacturing cost.
Add to that, Apple earns handsomely through accessories such chargers, earphones, etc.
in addition to its earnings from iTunes store.
No wonderApple is sitting on a cash pilethat is more than GDP of countries like Pakistan, Iran etc.
source: www.techworm.net
