Apple rakes in $831 from every iPhone sold

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iphone-revenue.jpgiPhone’s exclusive American operator AT&T ends up paying out $18 a month to Apple just for the privilege of stocking the thing, thanks to data revealed by the Financial Accounting Standards Board.

Plus iPhone doesn’t come with any old contract – poor Americans are LOCKED DOWN for a full two years, hence all the fuss about unlocking it. Then you’ve got the price of the phone itself on top of that. It all comes to $831 winging its way to lucky old Apple.

The phone itself only costs in the region of $250 to make, according to industry experts, making Apple a staggering $580 profit on each and every iPhone it sells. Plus you’ve got your additional revenues. Your ring tone sales, your iTunes sales, your wi-fi browsing deals – you may as well add Steve Jobs to your mortgage policy and give him a share of your house now.

With a UK price of £269 before contracts and the like, we’ll all be contributing an equally huge chunk of cash to Apple’s Christmas party fund when iPhone launches in the UK on November 9.

(Via iPhonic)

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Gary Cutlack