(From TGDaily.com -- By Humphrey Cheung)
Analysts at ISUPPLI, a market research firm, have ripped apart APPLE's IPHONE and discovered that Apple is probably making more than 50 percent on each phone.
According to ANDREW RASSWEILER, principal analyst for iSuppli, the $599 retail-priced 8 GB phone has a component cost of $265.83.
Component makers like INFINEON and SAMSUNG are also raking in the bucks as the iPhones fly off the store shelves.
According to some market analysts, the weekend sales of the iPhone were between 500,000 and 700,000 units.
iSuppli wireless communication analyst TINA TENG adds that the iPhone should sell around 4.5 million units this year and 30 million phones by 2011.
Big Profits For Apple iPhone
Kraig Bailey, thanks for the post.
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