ST Alpha - "That person is astonishingly wrong in their evaluation." (Reading a Post)

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In response to "A business analyst made a good Tweet about it: 2M iPhones at $250... Say 50% profit: $250M. Capitalization added: Billions. -- nm" by Name Withheld By Request

That person is astonishingly wrong in their evaluation.

Posted by David (aka David) Sep 17 '12, 13:33

Apple has licensing contracts with the cell conglomerates. Each iPhone sold is worth about $1650 to them due to the nature of the contracts. Apple gets a huge piece of that.

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I don't believe he was going for anything but humour. I should have made that clear. -- nm - Name Withheld By Request Sep 17, 13:34 1
- Ah. Never mind then. :) -- nm - David Sep 17, 13:36

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That person is astonishingly wrong in their evaluation.

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