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Apple Care only costs $200 per phone. One person replacing a $1,000 phone wipes out five people's worth of revenue.
by sp332 4y ago
Apple Care only costs $200 per phone. One person replacing a $1,000 phone wipes out five people's worth of revenue.
- eastbound 4y agoPhones are automatically dismounted in a special factory. It doesn’t cost $1000.
- hot_gril 4y agoIt doesn't cost Apple $1000 to make a new phone, but they miss out on $1000 of revenue if that person would otherwise buy a new iPhone. But maybe the person doesn't buy a new one. The cost of the consumer replacing a years-old iPhone is the used price. Personally I would never buy a used iPhone from eBay or something anymore, since there are too many gotchas with SIM locking and whatnot, but Apple also sells older models at a discounted price.
- kccqzy 4y agoYou can even pay it monthly, which probably costs $9.99 per month. Anecdote: I was on my seventh monthly payment when I accidentally smashed unassembled IKEA furniture on my phone at an IKEA store and broke the entire back glass and cameras. The technician noticed small cracks on the screen too that didn't actually bother me, but bothered him enough to swap the entire device.
- Gigachad 4y ago$1000 is the retail price. It costs less for Apple to give a replacement.