Hidden costs of the iPhone 5 accounted

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


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9 Comments

1. nihn75

Posts: 11; Member since: Feb 25, 2012

Also, the you look like a tool bag cost.

3. Nadr1212

Posts: 741; Member since: Sep 22, 2012

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

2. Cinnamon

Posts: 87; Member since: Jun 16, 2011

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

4. galokjai

Posts: 36; Member since: Jul 20, 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.

9. quakan

Posts: 1418; Member since: Mar 02, 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.

5. bootroot

Posts: 35; Member since: Sep 11, 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!

6. VJo003

Posts: 365; Member since: Mar 11, 2012

Wack !!!!

7. Topcat488

Posts: 1415; Member since: Sep 29, 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.

8. OpTiMuS_BlAcK

Posts: 418; Member since: May 04, 2012

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

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