What about R&D? Logistics and distribution? Retail’s margin? Design? IP? C’mon...
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That is very expensive and surprising to make such a phone. A McDonald's Big Mac costs 80 cents to make and they charge 3.89. So it follows a business model.
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not really if you add in the cost of paying for the designers BEFORE it goes into production..... which is kinda the most important part. and how about the shocking amount of natural resources needed to make an iphone... its not cheap
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That's why I didn't buy one
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Bargain.
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So then they're operating at a normal margin in a free market?
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Less than 3x markup. That's not ridic
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Even though I know this information, I still would buy the phone. How awful is that?
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People want the minimum wage raised, but they don't want to have to pay more for things, not possible!
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Another 630$ for the brand
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i think the price tag of $370 didnt consider the price for innovation :)
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fair or not in a free market, $1K for a phone is crazy. Not crazy to ask 1k but crazy to spend 1k.
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I held both this and the iPhone 8 in my hand. If anything the iPhone 8 feels better. I prefer the button to this bottom swipe thing. Besides this is way smaller.
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Wow! Talk about profit!
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They've earned a lot of profits out of it hahah
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