Comment by throwup238
3 hours ago
Apple made nearly $190 billion last year selling just iPhones.
If you think it costs more than $5 billion to design a phone and set up a production line, you are wildly off base. That’s the kind of money companies spend to build silicon fabs or release half a dozen new car models, not consumer products made by a contract manufacturer.
Revenue is not profit!!! A good chunk of that is the cost of parts!
Apple's R&D expenses were $34B for 2025.