So what’s inside the Apple iPhone 4 and what do its components cost? Considering that Apple does not manufacture these mobile devices themselves it makes this breakdown revelation from the Economist even more interesting.
Apple’s margins on a phone that retails for an average rice of $US 560 is impressive. No surprise then to learn that Apple recently became (albeit briefly) America’s biggest publicly quoted firm. Exon Mobil has since taken back this stock market position from the tech company.
All of this shows just how important our digital world has become to the world economy and why most share traders follow Steve Job’s health bulletins with great interest.