The Devil's Advocate
Call me Dad
Salaries for thousands of manhours in rnd from thousands of top class engineers, designers with sir in their name, business guys and the most valuebale brand in the world are not included in that iPhone cost. A Picasso painting costs 1 dollar, Picasso’s skills however, has another price.
Morgan Stanley advice cost 0 bucks to make, still costs you 2.5k per hour. A book costs what half a buck? but prices range from 10 bucks to the thousands.
We pay for the functionality of things not just the hardware
The numbers you presented are simplistic. There are way more costs involved than just assembling the damn thing. They made $265 Billion in revenue and $30 Billion in operating profits. You have to factor in Cost of Sales ( Assembly, raw parts, shipping, all salaries), Research and Development etc.
With that being said, apple products have a higher profit margin than most products.
Y'all are making very valid points, but let me back up.I don't even fukk with Apple, because I do think their shyt is overpriced. but the difference between a 238% margin and a 4900% margin is not just semantics
People went in on him, cause he has these emulators for $100 online. You could find the same thing for $40-50. He's making $60 and doing nothing more than drop shipping. Mind you, people do this (drop shopping) so much, that they gave it a damn name. There are many websites and regular people to celebs, selling products, with nothing more than drop shipping from china... Or getting a logo put on something from china, and charging a huge markup. From electronics to clothing to car parts to whatever.. Trust me, I know
First the argument was "he's selling illegal games and it's wrong." When people were called out for stealing movies, music, games and bootlegging anything they can find, including the same emulators... Well then it became, "Oh he's charging a huge markup and that's fukked up. We have to warn people."
Ok well are you keeping that same need to warn people about this other stuff? Screw the numbers... If it's a $60 profit off 400% markup or $60 off 4% markup.. End of year numbers. What contracts and wholesale price is. Who, what, where and why......
The point is, you really never cared. You don't care when you buy a knockoff polo sweater, or real polo sweater, or off brand sweater, or a sweater you got from dropshipping, cause you saw it on an IG/FB advertisement. It's ironic he dissed Kanye, because that was his point too. You'll ask me why my shyt cost so much, but go buy a $400 Gucci belt and never once question them. You don't know if our clothes are made in the same factory or not. Same material or not. Same shipping costs.. Nothing. So while these numbers are very raw and have no detail to them. Maybe not y'all personally, but I can assure you, most people woofing on Soulja... Do not ask these questions about anything they have ever bought or seen sold before.