Apple Inc (AAPL)

[BlueDjinn]

iPhone revenue--no one's mentioned the other piece of the puzzle yet...the cut they're supposedly getting of the monthly service bill from AT&T.

Assuming most people are going for the 8 GB model, that makes the avg. selling price about $580 or so. Assuming, say, 20% net profit, that's about $116 net profit per iPhone.

Assuming that AT&T agreed to give Apple as little as 5% of the monthly fee, and assuming most people go for the mid-range $80/month deal, that's another $4/month pure profit to Apple, or about $48 per year.