PS: This video moves fast, so you probably want to have the pause button ready to read it all...
Showing posts with label money. Show all posts
Showing posts with label money. Show all posts
Tuesday, September 30, 2008
Who or what caused this financial crisis? You'll never guess...
This video amazed me. I have not checked all the facts yet, but it seems to be something everyone should watch, and I think he's right that it might change your vote and your future. Check it out... google the facts... let others know about this. You can't believe everything you read and watch on the internet, but this feels ligit. McCain / Palin has my vote more now than ever. We will make the USA a better place and not let these people get away with this crap. If this video does only ONE thing... and if you do nothing else... make sure you get out and VOTE!
Labels:
bailout,
crisis,
financial,
houses,
housing,
john mccain,
market,
money,
obama,
sarah palin
Thursday, July 03, 2008
Is just over 100% profit for the iPhone too excessive?
Wow, I was just reading an article and realized that a certain company might be a bit greedy..."Analysts reckon Apple is pocketing as much asThe article also states that analysts estimate between 35 and 45 million iPhones will be sold before 2010. At $352 profit per iPhone, that comes to between $12,320,000,000.00 and $15,840,000,000.00 in pure profits for Apple. Can we blame them for charging this much? Will the high price keep people from buying it? Probably not... It is one heck of a cool phone.$352 per iPhone sold, based on estimates carriers pay about$525 per phone, which Apple is thought to spend about$173 to make, according to iSuppli, which tracks manufacturing costs.That means Apple could make between$12.3 billion to $15.8 billion in gross profit on the iPhone over the next two and a half years."
So lets just say they were to lower the price to benefit both AT&T and the end user by $100... so the total cost to AT&T would be $425 and the profit per iPhone for Apple would be $252 which is only a 45.66% profit. Not the great over 100% profit they were getting before, but still pretty good. With the estimated number of iPhone sales mentioned above their total iPhone profit would fall between $8,820,000,000.00 and $11,340,000,000.00... how can you complain with $8.8 Billion profit?
It sure would be nice to be able to get a G3 iPhone for only $99! And to think the profit Apple would still make at that price.
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