Economics

In the News

The materials that make up the IPhone

Geoff Riley

18th August 2017

The value of all raw materials in an iPhone 6 (16GB) is just $1.03. These materials range from aluminium (31.1g) to hydrogen (5.5g) and chrome (4.9g).

38.5 percent of the phone is made of aluminium and iron, worth $0.055 and $0.002, respectively.

The value to users - in design, functionality, and brand is on a completely different scale!

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

@tutor2uGeoff