why sell an iPhone for $1200 when it costs $650 to make

November 19, 2025 2:20am CST
I did a little research and I discovered that an iPhone may cost between $550 and $650 to make but I wonder why it sells for $1200 and more. Can someone explain to be the reason for this high end price?
1 person likes this
2 responses
DE
@DaddyEvil (161823)
• United States
4h
Sure, I can explain it. People will pay that... So why not sell them for whatever people will pay? It's called good business.
2 people like this
Emmanuel Adelakun
@ogbenishyna44 (977)
•
3h
2 people like this
DE
@DaddyEvil (161823)
• United States
3h
@ogbenishyna44 That's why I own an Android. I paid $170 on sale from $300.
1 person likes this
Judy Story
@jstory07 (146562)
• Roseburg, Oregon
3h
It is called profit and the company wants as much profit as they can get from the cell phone.