Google Glass: $1,500 to buy, $80 to make?
http://www.cbsnews.com/news/google-glass-1500-to-buy-80-to-make/
"HOLY PROFIT MARGINS BATMAN!"
— Jeff
I highly doubt Glass will be hit. I'll be surprised if it even reaches half a million of sales any point soon. I don't think Google will get richer with Glass even with this insanely high profit margin.
Barry Levine wrote:Read here.
Given the current price of $1,500 for Google Glass, how much could the tech giant make? A new analysis estimates that the actual materials cost just under $80, indicating the tech giant could really be raking in the cash. However, the powers that be at Google are contesting that as a low-ball figure, saying it simply isn't accurate.
Thanks ams963... I'm not surprised that Google is disputing the numbers. Who wouldn't? If it does turn out to be true, maybe they can claim "plausible deniability".
If true theu are sure to revert to admitting it, but claim R&D costs were so high that the current price tag is needed to recoup expenses LOL
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