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Is $38,000 too much to pay for an iPhone?

By Krishna Chaitanya Mandava | Published: August 2, 2008
When Apple shipped the new iPhone, it lowered the price. But what does an iPhone really cost? How about $38,000? Or would you believe over $200,000? Let’s explore the true costs of the iPhone. —————————————— When Apple launched the iPhone, it lowered the price to $199 for an 8GB model and $299 for the 16GB [...]
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