#1 They Rip You Off on Accessories
There isn’t information on the markup Apple applies to their $40-$50 cases, but similar ones can be found on eBay for $5-$10. They pedaled different speakers, alarm clocks, cords ect., then changed the plug shape and now charge $29 for a converter so you can keep using the products you bought.
There isn’t information on the markup Apple applies to their $40-$50 cases, but similar ones can be found on eBay for $5-$10. They pedaled different speakers, alarm clocks, cords ect., then changed the plug shape and now charge $29 for a converter so you can keep using the products you bought.
#2 They Exploit Cheap Labor in China
For optimal profit margin Apple must produce the iPhones for cheap. Since Apple only uses top quality electronic parts, the difference is made up in cheap labor. The NYT reports that workers at Foxconn, the former manufacturer of the iPhone, make $22 for a twelve hour shift, and are often forced to work even longer hours. There were so many suicides in the on-site dorms where the workers live that Foxconn had to install nets on the sides of the buildings.
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