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Hmm. How does this description of a swindle jive with the amount of gold that is in Apple's 18 karat gold? http://leancrew.com/all-this/2015/03/apple-gold/ http
by mherdeg 12y ago
Hmm. How does this description of a swindle jive with the amount of gold that is in Apple's 18 karat gold? http://leancrew.com/all-this/2015/03/apple-gold/ http://leancrew.com/all-this/2015/03/apple-gold/
"“Now we multiply that by fourteen for fourteen karat and divide it by twenty-four for twenty-four karat, which is what it would be if it were 100 percent gold,” you explain to the seller. “That gives us the price for your fourteen-karat gold. Multiply that by fifteen, for fifteen grams. Now, fourteen karat is 56 percent gold and 44 percent base metal, which burns off at the smelter, so we multiply that by 0.56.
…
The real key to this scam is that you’ve deducted for the impurity of fourteen karat not once but twice: first, when you calculated the per-gram price and again when you “deduct for the base metal."
- Terr_ 12y agoI think it depends on whether the portion of the product which is "18k gold" can be easily and lossless-ly separated from the "filler".
- jonah 12y agoSupposedly they're not using ceramic-matrix gold in the Edition, but rather a more traditional alloy.[1] [1] http://atomicdelights.com/blog/a-glimpse-at-how-the-apple-watch-is-made http://atomicdelights.com/blog/a-glimpse-at-how-the-apple-wa...
- jeffreyrogers 12y agoSince it is by weight the filler doesn't affect the value of the gold in the case of Apple.