actually if you want to be exact look at the article on techcrunch.com apple sold 700,000 units and made over $200+ million dollars profit. so lets take that number - 200,000,000 devide it by 700,000 and the answer is = $285.72. So Apple makes the Apple iPhone for less than $285.72.
So then remember that that cost aslo includes advertising and marketing, transportation of the devices, employes paid, etc. and then they calculate profit. In class we discuss this all the time (overhead+product manufacture (-)minus sell price (=)equals profit. Remember where I am in the world.
Remember that overhead overhere is a 1/6 of overhead in the USA, UK, and Europe do to lack of advertising, low employee wages, etc. That is why the Malaysian government is doing work studies to increase customer satisfaction in Malaysia by examining the USA and UK Market.
And don't forget that there is very high penalties in Malaysia unlike the rest of Asia for selling fakes. And they inforce this rule heavily except for downtown around China Town. The only fakes you can find everywhere in the city are DVD's and that is about it. In China Town there is anything from fake channel purses to fake you name it.
Most people have no idea of the potential in Malaysia but at the same time foreign owned business in Malaysia is growing at one of the most rapid rates in Asia. We study all of this constantly in a few of my business classes.
Look at the petronas towers - the symbol for Malaysia but not owned by Malaysia at all.
Come over here and you will be shocked at the deals you can find. bought a Acer computer that I am typing this message on right now to you for $350 less than retail in the USA thanks to a Malaysian friend negotiating the price for me. But that is key there is a Malaysian price and a foreigner price.(that is pretty much universal through out Asia, and anyone who lives in Asia that is a foreigner will tell you the same.)
Well I am off to business ethics class (my most boring professor yet) so I will be back on sometime later tonight.
Linear Mode
November 2009
