Who makes key parts of the iPhone?
This article contains a fantastic graphic on how the iPhone is a great example of the process of globalisation, with components from a variety of companies with, surprisingly, some made by competitors, such as LG and Samsung.
Seventy percent of Apple's revenue now comes from their smartphone division. In November 2017, the average iPhone selling price increased from $695 to $796.
Apple sells fewer phones but profits rise https://t.co/oFrkbjPzil
— BBC World Business (@BBCWorldBiz) February 1, 2018
Here is another great chart from our friends at Statista.
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Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.
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