3 ms·
It 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 do
by hot_gril 4y ago
It 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.