Telecommunications Industry News
8GB Apple iPhone Delivers 55% Profit Margin, Reports iSuppli
5:55 am on July 4, 2007 | Category: Cell Phones, Cellular, Mobile Devices, Wireless Technology
The 8GB iPhone delivers a healthy profit margin of over 55% for manufacturer, Apple Inc., confirmed research firm iSuppli, which recently examined internal components of the much-anticipated device.
Apple’s shares rose almost 4% on the NASDAQ yesterday when iSuppli reported that the $600 iPhone handset costs just $265.83 for the company to make.
iSuppli’s report covers only hardware and manufacturing costs, and does not take into account costs for royalties or logistics.
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Published by TeleClick Enterprises
Edited by Jeremy Maddock
