Is Apple's IPhone Pricing Outrageous Or Sound Business?

wochit technology
September 26, 2013 AT 9:34 AM
A teardown by IHS revealed that Apple's iPhone 5c costs the company $173 to produce, representing a 12 percent reduction compared to the iPhone 5. The entry-level iPhone 5s, meanwhile, sets customers back $199. The news was not at all surprising. Apple has for years been building products for a relatively cheap sum.