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Hidden costs of the iPhone 5 accounted

Posted: , by Maxwell R.

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Hidden costs of the iPhone 5 accounted
We know what it costs to buy an iPhone, but did you ever wonder what some of the cumulative costs were to buying and owning an iPhone 5? Costs like its potential affect on the environment or what it will cost to keep it charged?

InsuranceQuotes is an industry blog covering various news items related of life, auto and business insurance. It also covers government regulations and other related topics. For consumers, InsuranceQuotes serves as an initial guide to get quotes and information on different types of insurance. Now, it has started a series called “Hidden Costs.”

As you no doubt have gathered, the video below provides an overview on the costs of iPhone beyond the purchase point and provides a letter grade based on overall environmental, health, financial, and economic factors. What is not revealed is how InsuranceQuotes scores these elements to arrive at a grade. One statistic that is cited is that it is projected the iPhone may add $1.9 billion to the US trade deficit with China, yet contribute 0.33% to the US GDP, which equates to about $53 billion. Understanding that there are larger variables at work when it comes to "big picture" trade deficits, that this single product potentially creates such a significant return, it seems a grade of “B-“ is a bit skewed.

The final grade offered might surprise you. Knowing our loving readership, we are certain you will have no shortage of opinions on how you would grade the iPhone.

sources: InsuranceQuotes.org via Mashable


9 Comments
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posted on 07 Nov 2012, 22:06 8

1. nihn75 (Posts: 11; Member since: 25 Feb 2012)


Also, the you look like a tool bag cost.

posted on 07 Nov 2012, 22:16 6

3. Nadr1212 (Posts: 741; Member since: 22 Sep 2012)


So the iPhone is a very slightly above average phone talking HEE wise
HEE= health, environment, and economy wise

posted on 07 Nov 2012, 22:11 19

2. Cinnamon (Posts: 87; Member since: 16 Jun 2011)


It's funny how they have billions of dollars but they are too cheap to pay their workers well.

posted on 07 Nov 2012, 22:18 17

4. galokjai (Posts: 34; Member since: 20 Jul 2011)


it is called people who are greedy. Look at Google, Nexus sells for $300 and they get probably $50 for each phone while iPhone sells for $1000 and they get $800. Something is wrong.

posted on 08 Nov 2012, 08:34

9. quakan (Posts: 1188; Member since: 02 Mar 2011)


They do pay their workers well. If you're referring to non-Apple employees that build their devices, well, that has nothing to do with them.

posted on 07 Nov 2012, 22:48 12

5. bootroot (Posts: 35; Member since: 11 Sep 2012)


They forgot to say that Iphone is the worst RADIO emiter.
it spray a lot a waves on ours brains.

About 10 times more than a galaxy note 2!

posted on 07 Nov 2012, 23:07

6. VJo003 (Posts: 325; Member since: 11 Mar 2012)


Wack !!!!

posted on 08 Nov 2012, 01:02 1

7. Topcat488 (Posts: 1149; Member since: 29 Sep 2012)


This is your brain on iphone :(

This is your brain on drugs :)

I use the SG-Note & the iphone, the latter itelephone only with the speaker on, headache.

posted on 08 Nov 2012, 03:09 4

8. OpTiMuS_BlAcK (Posts: 411; Member since: 04 May 2012)


What's next? The Box really costs $200 and was printed on with retina ink?

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