iPad Autopsy

I found this article on CNN.com about the cost vs. retail price of the iPad.

I read this article and was shocked at how cheap Apple could produce this item. And that they were charging so much for it.

Upon further examination of the cost break down I found that they had not accounted for labor. I also noticed that they didnt mention that while it costs 240.00 to build them the first probably cost somewhere around 2 million to design and build.

That cost of the initial prototype has to be spread out over whatever their projected sales will be so they can recover their cost.