Apple $13 Billion income sales $46 billion, has 100 billion dollars cash on hand!

[kitler53]

SamuelRSmith said:

KillerMan said:
Apple phenomenon is probably thing that I will never fully unterstand. Yes they make quality products and it's not surprising to see them sell well but really that well? 36 million people spent almost $700 dollars to own a phone? Not to mention that competition makes great phones also. Damn.

While I often argue that the success of such products (particularly in our current economic environment) is down to the distortion effect on prices thanks to inflation, a major component of the iPhone's (and other smart phones') success is the contract model. If you were to explain to people that they're dropping $600-$700 on a phone, most would certainly reconsider. When that price is hidden away in a monthly bill over the next two years, however, the situation completely changes.

yeah but if i were to get a none iphone all i save is maybe $100 bucks on the initial purchase 'cause all the androids and window 7 phones come with the same contractual obligation.  The big difference to apple is they forced the carriers arms into giving up a portion of that contract cost to apple while other manufacturers are just getting income on the initial purchase.

...off topic.  i wish the vita had a phone model.