So at a bare minimum iPhones would cost $70 more just to break even on this change, and that’s still ignoring the additional jobs for managers and what-not driving up the price even further. But we’re not done yet!
On Sanders, Trump, Economies of Scale & Global Development
Faruk Ateş

Poorly thought through:

  1. Apple can choose a smaller profit margin,
  2. phone could be financed, leased, etc.
  3. manufacturing process could be simplified

Lazy thinking that the input costs must completely translate into actual costs.

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