$299 iPad mini Could Cost Apple Just $189.32 To Build
Source: www.cultofmac.com - Tuesday, August 28, 2012
Take the back-of-the-envelope scribblings of a tech blogger with the appropriate degree of skepticism, but according to this breakdown of what the build-of-materials (BOM) cost of the upcoming iPad mini could be, Apple will sell their 7.85-inch tablet for $299 when it debuts later this year… and still make over $100 in profit on each unit sold. The breakdown was done by blogger Sameer Singh over at Tech-Thoughts.net, based largely upon the existing costs of components used in the iPad 2, Nexus 7 and Kindle Fire. That’s not a bad way of doing things. Here’s the breakdown of what Singh thinks the iPad mini would cost to build: Those numbers are speculation, but if they’re correct, Apple — who won’t sell a product unless they can make a hefty profit off of it — would price the iPad mini at $299 to maintain a greather than 30% gross margin on the device. Considering Google is selling the Nexus 7 at a loss at $199, which is a price Apple won’t emulate (and, given the iPad’s popularity, a mistake it doesn’t have to make) these numbers look good to us. Read Singh’s full post for more on how he came up with those numbers. What do you think? Is there any chance Apple will sell the iPad mini for less than $299? Let us know in the comments. Source: Tech-Thoughs Image: Nickolay LammIsaac could test Gulf defenses originally built to stop oil from 2010 Deepwater Horizon spill
Source: www.foxnews.com - Tuesday, August 28, 2012
Barriers built with BP money to stop the Gulf oil spill in 2010 could prove effective against storms like Isaac. That is at least the hope on Dauphin Island, Alabama's largest barrier island, where island and state officials have used money from the oil giant to build dunes and a rock wall. Louisiana officials, meanwhile, have spent more than $200 million on sand berms off their state's coast. Although the work in Alabama and Louisiana was touted as a way to stop oil from flowing into sensitive marshlands, local officials now see the structures as part of a broader coastal restoration. Officials are worried that Isaac could stir up tar and oil left behind from the spill, though no one really knows how much remains hidden.
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