Recently, I came across an article from the February 2014 issue of Chip Malaysia magazine, detailing how much Apple (as in Steve Job's company) earned from the owner of their most recent iPhone line-ups namely the iPhone 5S and iPhone 5C.
How much Apple gets from the new iPhone 5S and iPhone 5C owners |
What an eye opener! However, I would say that the article dismissed the intangible aspect such as the time cost and ideas involved in building these as well as sales and marketing efforts in promoting these products, but again, with profit margin of about 80%, it's definitely pretty high if you ask me.
I will not comment if it's wise or not for people to go after these products as it is up to personal preferences and the definition of the word "wise" is quite subjective. I will instead share my personal experience regarding owning an iPhone.
My iPhone 4 |
You must be dying asking me why not just get a brand new iPhone 5 (came out in September 2012) instead. For me personally, I just cannot get past the logic of spending over RM2,000 for a phone especially IT devices that gets obsolete very fast. Exception may be applied to iPhone compared to other Android phones though.
Today, I have just sold my iPhone 4, for RM480 (heard it will be resold at RM750 by a friend). That's how slow the value of iPhone depreciate, and the good reason investing in Apple products, haha! Back to my story on why the hell I wanted to sell it since I was so dying for an iPhone? Blame the fucking blood sucking Apple! (I'm starting to lose my coolness every time I talk about this). IOS 7, their latest iPhone operating system ruined it all. My iPhone 4 became so sluggish that it freezed quite often and for me, became very unusable. Luckily I did not upgrade my iPod. I upgraded my iPad 2 to IOS 7 too but fortunately, it's only a bit slower but still usable.
I decided I had enough and sold the iPhone 4 before it still has some more value to recover some of my cost to purchase a new phone. My new phone is a very unknown phone in Malaysia market, the HTC butterfly or droid in US market. It costed my RM1,300 but with spec higher than the current iPhone (1.5 quad-core and 2GB of RAM) which cost in the range of RM2,000 today. For the time being, I am quite satisfied with the money I paid for the performance I get from this phone. Will blog about this phone some other time.
My HTC Butterfly |
Today, I have just sold my iPhone 4, for RM480 (heard it will be resold at RM750 by a friend). That's how slow the value of iPhone depreciate, and the good reason investing in Apple products, haha! Back to my story on why the hell I wanted to sell it since I was so dying for an iPhone? Blame the fucking blood sucking Apple! (I'm starting to lose my coolness every time I talk about this). IOS 7, their latest iPhone operating system ruined it all. My iPhone 4 became so sluggish that it freezed quite often and for me, became very unusable. Luckily I did not upgrade my iPod. I upgraded my iPad 2 to IOS 7 too but fortunately, it's only a bit slower but still usable.
I decided I had enough and sold the iPhone 4 before it still has some more value to recover some of my cost to purchase a new phone. My new phone is a very unknown phone in Malaysia market, the HTC butterfly or droid in US market. It costed my RM1,300 but with spec higher than the current iPhone (1.5 quad-core and 2GB of RAM) which cost in the range of RM2,000 today. For the time being, I am quite satisfied with the money I paid for the performance I get from this phone. Will blog about this phone some other time.
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