Ced's High Risk Options

[ced70]

The yahoo boards are full of morons. They believe because the chip maker is dropping the price 30-40% that this will allow Apple to drop the price of their Iphone 30-40%. Someone needs to explain to them that it has more components then just the chip. I wonder how much out of the entire phone that the chip makes up? 30%-40%?

If it makes up 30-40% then that would be 500 (original price of phone)*.4=200

So if you take 40% off of 200 that is 80 dollars so if you take off 500-80 that is $420.

Which this is good news for Apple but still the phone is pretty high. I think they need to get the Iphone down into the 300 range before they start seeing transitions. IMO