One of the most renowned products that are used around the globe is Apple. A company that was started from a garage in 1976, now has a net worth of over three trillion dollars. Because the company is still rapidly growing, the more products being released has a growing concern among Americans. With a new product coming out each year when will enough become too much?
The newest apple product is currently the iphone 16 which sells at a price of over 800 dollars. But has anyone questioned how much it is to manufacture an apple product. A little over 400 dollars makes the newest apple phone which is reasonable considering the profit most companies make is around 50%. Some people could argue that that price is a scam but Apple is so popular that the demand is increasing everyday especially during holiday seasons. Almost all Apple products have increased from their manufactured price by 50%. The AirPods Pro which sell at around 200 dollars are manufactured at a price of 90 dollars and the Apple Watch is sold at around 350 dollars is manufactured at less than 140 dollars.
Apple is also known for manufacturing its products in China. For this being the case, many people believe China produced products to be not the best quality and that American Made products are the best. Apple has been manufacturing in China for almost its whole existence and will most likely continue to do so for better profit for America and the people who buy their products. But Apple has become a little more reliant on Chinese production and a slowdown is in concern for the company. Like any stock market, though, the ups and downs will happen in an economy.
Tens of billions of dollars are made each year just by Apple. On the outside the Apple products all seem new and innovative and are advertising their new products everywhere. But most of the new iphones, for example, are extremely similar to the previous iphone released. The most visible changes would be the camera picture on the back of the phone that changes shape in each phone released. This also contributes to users not upgrading their phones as often because of how similar they are.
Apple seems to be way more popular than its competitors such as android or google products, but the Apple design has come to a slow end with many high ranked designers leaving the company over time. Apple has been around for a very long time and continues to grow and expand their technology throughout the world. It has become a staple in many people’s lives and although expensive it’s an essential part of communication in a world of technology.
