Apple Makes Nearly Twice as Much on iPhone as Nokia Does on Lumia 900

Nokia's flagship smartphone, the Lumia 900, is almost $200 cheaper than Apple's iPhone 4S. Despite that, Nokia ends up paying more for Lumia's components than Apple does for the iPhone. The specifics: It costs Nokia $209 to acquire components for the Lumia 900, which is currently sold for a retail price of $450. The $649 16GB iPhone 4S on the other hand uses components which cost Apple just $190. Continue reading →

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