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Tag Archive | "profit"

App Store racks up $30 million during first month

Monday, August 11, 2008

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App Store racks up $30 million during first month

During an interview with The Wall Street Journal, Apple’s CEO, Steve Jobs, stated that the recently launched iTunes Application Store has managed to pull in approximately $30 million during the App Store’s first month online. Jobs went on to say that the App Store averaged $1 million per day in terms of iPhone/iPod Touch application sales, [...]

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Apple Saving over $50 on each iPhone 3G Produced

Monday, June 23, 2008

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Apple Saving over $50 on each iPhone 3G Produced

As you are probably aware, the iPhone 3G is packed the brim with new features, GPS, 3G, 2.0 firmware, etc, this makes you wonder, how is it that Apple is saving at least $50 per unit?  Well, iSuppli analysts have determined that manufacturing an iPhone 3G costs around $173, approximately $53 less than it cost to manufacture the [...]

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