An article in forbes discussed an estimate that the cost of materials in apple's iphone 5 with 64 gigabytes of memory was $230. apple was selling the iphone 5 for $849 (most phone carriers made payments to apple that reduced the price to consumers to $399). source: john gaudiosi, "research teardown details why the new iphone 5 only costs apple $207 to make," forbes, september 19, 2012.can we conclude from this information that apple is making a profit of about $619 per iphone? briefly explain. apple's profit is
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